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USD Slides Following China Rate Cut, All Eyes On Bernanke Testimony

posted by Avatar Alice 376 days ago in USD, EUR, GBP, CAD, AUD made popular 376 days ago

Indeed, the People's Bank of China lowered its one-year lending rate by 25bp, which will take effect on June 8, and it seems as though the world's second-largest economy will continue to embark on its easing cycle as the debt crisis continues to dampen ...
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