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One News Page » Category » Markets » Monday, 9 November 2009 » EURUSD range 4853 4943

Information / Related NewsOpen Full Story in New WindowEURUSD range 1.4853-1.4943

Reported by FXstreet.com on Monday, 9 November 2009 (on November 9, 2009)
FXstreet.com
The G20 finance ministers and central bankers met over the weekend in Scotland, agreeing to keep the stimulus measures in place until the global economy strengthens. Comments from the IMF intimated that traders are probably using the dollar to fund the carry trade and it may still be overvalued. The weekly Cable chart below shows the trading range over the various interest rate decisions, and the non-farms. Market News EURUSD range 1.4853-1.4943. Market started with move up 50 points as IMF





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