QuoteDisliked02:32 EUR/USD: Trades To Fresh All-Time High As USD Broadly Weakens Sydney,
November 07: The market has successfully knocked out a option barrier at 1.4600
and stops have been triggered up to 1.4665. Traders say that comments from a
Chinese official saying that China should diversify into strong currencies such
as the Euro have sparked the move higher.
02:36 USD: Slammed Lower On Comments From China Official Sydney, November 07:
Comments made by a top Chinese adviser saying that China should diversify more
of their 1.4 TLN USD reserves into the Euro sparked a huge jump in the EUR/USD
from 1.4565 to 1.4665 in very quick time. The comments have weighed on the US
dollar across the board and helped push gold ever higher.
Came across this before log off. AAAAAAAAaaaaaaaa.... OOOOoooooooooo That is WHYYYYYYYYY
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