Thursday November 18, 2010 - 05:45:38 GMT
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"Why Forex Market Concerned Europe Debt Crisis?"
Forex Market-The forex market concerned the Europe debt crisis again, and the USD continued to rebound.
The Europe sovereign debt crisis renewed the worry, leading to the EUR was pressured.
There are no important economic data to be released in Euro zone yesterday, and the forex marketâ€™s worry to debt crisis is unquenched.
And there is the analysis to point out that Ireland and Spain will seek for the financial support from the Europe Union, which makes the morning session of Europe forex marketâ€™s uptrend decline.
The EUR/USD closed at 1.3783 dollar, increased 0.7 percent.
Influenced by the strong USD, the hedging currency, such as the JPY and CHF all declined.
The USD/JPY closed at 82.28 Yen, increased 0.72 percent.
Edited By Sarah
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