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USD/CNY Fundamental Analysis April 17, 2012 Forecast

posted by Avatar FXEmpire 428 days ago in USD, Fundamental, Daily made popular 428 days ago

Analysis and Recommendation: (close of Asian session)

The USD/CNY has climbed in today’s trading to 6.3129 moving off the low of 6.2987 as the USD picked up momentum. Continued worries over the slowdown in China and growing debt in Spain and Italy, investors continued to move to safety. Although the numbers in the US have been mixed and confusing
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