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Will China Help to Stabilize the Euro?

posted by Avatar fx360 733 days ago in USD, EUR, Daily made popular 733 days ago

Chinese stocks soared more than 3.0% today in their largest gain in more than six months on hopes that the PBOC will begin to change its tightening policy posture in light of the recent volatility in global capital markets. Traders now believe that the turmoil caused by the European sovereign debt crisis will force Chinese monetary policy makers
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