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U.S. dollar mixed against major currencies

Posted on 11 November 2008

From Xinhuanet.com: The U.S. dollar was mixed against major currencies on Monday as China’s massive economic stimulus boosted confidence in financial markets while recession worries still dominated foreign exchange trading.

China said Sunday it will loosen credit conditions, cut taxes and embark on a massive infrastructure spending program in a wide-ranging effort to offset adverse global economic conditions by boosting domestic demand….. Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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