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Re: Forex news

Post by XREDXR on Thu May 12, 2011 5:54 am

Dollar to depreciate significantly over the last several months. As reported at 2:31 p.m. (JST) in Tokyo, the Euro was traded at $1.4532, a decline of 0.3% and well off the 16-month peak struck last week when the pair hit $1.4649. Analysts say the Euro, which has been steadily rising against the greenback, was ready for a pull-back.


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