Thread: Market overview
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Unread 10-25-2010, 04:01 AM
effexx effexx is offline
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25.10.10

Due to the unceasing expectations of a new quantitative easing session after the G-20 meeting this weekend, the USD continues to decrease against its main competitors. The results of the meeting show that the principal opinion is the following: the USD will continue to drop. And everybody is sure that USD/JPY will hit a new low record this week.

As a confirmation of this fact, today in the morning during the Asian session, the dollar reached a new low level against the yen. Also the oil was up as a result of the dollar
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