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USD Lower as Fed Seen on Hold for Quite Some Time

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 11, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The USD traded lower to start the week pressured by fallout from Friday's report of an unexpected decline in US nonfarm payrolls and in reaction to improving optimism about the global recovery as China's exports surge. The decline in nonfarm payrolls will force the Fed to maintain low yields. The...

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