SubscribeUS Session: Dollar Strengthens on China’s Central Bank’s Comment, Easing Concerns on the Dollar Reserve Status
June 29th, 2009 • Related • Filed Under
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The dollar traded in the positive territory against most majors after China’s central bank Governor Zhou Xiaochuan ruled out any “sudden†change in the central bank’s reserve policy, easing concerns over the dollar reserve status. The EurUsd pared early losses and traded upward, gaining 5pips from the previous session after a report showed improvements in euro-zone’s economic sentiment. The… | ||||||||||||||||||||
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