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USD Lower, Stocks Surge, G-20 to Maintain Stimulus

Discussion in 'Fundamental Analysis' started by ActionForex.com, Nov 9, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    USD traded sharply lower Monday pressured by a number of factors which included, stronger global equity markets, a pledge by the G-20 to continue with stimulus and a statement from the IMF that the USD is overvalued. The USD was also pressured by G-20 silence on USD decline. Speculation that...

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