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China Tightening Pressures Commodity Currencies

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 12, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    USD traded mixed Tuesday gaining on the commodity currencies and the EUR and weakening versus the JPY and GBP as investors digest news from China and risk aversion re-emerges. Global equity and commodity markets were pressured by report that China had tightened credit conditions. USD was initially supported in overseas...

    complete article here...

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