Friday, December 05, 2008
China's currency slips against US dollar, raising questions over Beijing's policy directionThe
Chinese currency slipped Thursday against the U.S. dollar by the
maximum amount allowed, the fourth day of such declines, raising
questions about Beijing's commitment to a stronger yuan as U.S. and
Chinese officials met to discuss a range of economic issues.The
Chinese yuan was quoted at 6.8840 in mid-afternoon... [read more]
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@ 1:52 AM,
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Thursday, December 04, 2008
There
remains potential for a large recovery back to the mid .70s given the 5
wave drop from the top (waves a and b of an a-b-c correction would be
close to complete).Bulls may attempt to ‘pick’ this bottom given that the AUDUSD has held above the October low.
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ForexGen offers three types of business partnerships:
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in Australian Dollar, forexgen, Partnership
@ 4:10 AM,
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