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USD Finds Strength In Safety

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 13, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    U.S. Dollar Trading (USD) weak Asian stocks led to further strength in both the Yen and Dollar. High Yielder’s were especially hard hit as risk aversion spiked higher. US Trade Balance beat expectations in November at -40bn vs. -56bn previously. Benrnanke spoke about further measures he believes necessary, stating he...

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