Daily Report: Risk Appetite Recedes after Poor China Trade Surplus, Dollar Rebounds
Filed Under (Forex technical) by on 11-03-2009
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The tremendous improvement on investors sentiment on Citigroup’s news yesterday was dampened by report that China’s trade surplus badly missed expectation in Feb. Exports dropped -25.7% while trade surplus was at $4.8B comparing to expectation of 28.3B. Dollar rebounds strongly from yesterday’s low against Euro, Swissy and Aussie, dragging respective…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
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