Posts Tagged ‘Economy’
USD/YEN, Trade War Unlikely
September 15th, 2009
Daily Review 15/09/2009 US Dollar (USD) – The Dollar weakened and the Euro and gained versus the Pound and the Yen as fears that a trade war will erupt between China and the U.S were subdued as it became apparent that each economy has too much to lose. The U.S is a huge market for Chinese exports and China is the largest holder of U.S government debt. NASDAQ and Dow started on the negative side, but finished slightly positive with 0.52% and 0.22% accordingly as investors turned to utilities
Posted in forex reviews, forex trading | 
Tags: China, Chinese Exports, Dollar, Dow, Economy, Fears, forex trading, Government Debt, Huge Market, Investors, Nasdaq, Trade War, Yen | 
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