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USD Holds Onto Gains Despite Thin Holiday Trading

posted by Avatar jonell 832 days ago in USD, Retail Sales made popular 832 days ago

The U.S. Dollar soared early Friday following a surprise 50 basis point hike in China’s bank reserve rate. Additional strength was provided by a better than expected U.S. Retail Report. The Dollar pared some of its gains after the University of Michigan Survey fell unexpectedly.
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