Wednesday September 15, 2010 - 10:53:33 GMT
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Forex Market"USD will walk on with shocks"Forex Market--From the beginning of the year, the Europe debt crisis is intensified and the forex market is worried about the Europe economic prospects.
EUR declined substantially to 10 Yuan while the USD appeared in the hedging currencies rankings again, the dollar index increased.
Recently, because of the poor economic data in United States, the dollar index emerged shocks.
The forex analysts believed that the poor economic date of US gave rise to the forex market concerned about US economic downturn, therefore, the dollar index wanders around low level in recent days.
However, once the economic data gets better, the dollar index may continue to go up.
--Forex News from Forex Market
Edited By Sarah
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