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China cutting rates rather than RRR signals seriousness of slowdown in economy

posted by Avatar forexanalysis 348 days ago in USD, GBP, AUD, NZD, Economic Indicators made popular 348 days ago

So who should have the weaker currency? The US economic recovery has undoubtedly lost steam, inflation is subdued, and the prospect of QEIII may keep the USD heavy. On the other hand, the European recession is deepening, the ECB has left the door open ...
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