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Old 21-07-2010, 10:36
effexx effexx is offline
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Join Date: Apr 2010
Posts: 171
Default 21.07.10

Before Ben Bernanke comments USD fell against JPY during the Asian session.

USD will go down to the level of 86.00 if the expectations regarding recovery of the US economy are weak.

According to the economists data the growth of US Gross Domestic Product expects to be 3 % till 2012.

EURO, GBP and USD trade in the same way against each other but they dropped considerably against JPY.

EURO will be under pressure this week till the results of banks’ “stress tests” will be published on Friday.
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