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Forexyard analysis - Dollar Up as Russia Sees No Other Alternative to the U.S. Curren
This is a discussion on Forexyard analysis - Dollar Up as Russia Sees No Other Alternative to the U.S. Curren within the Forex News & Analysis forums, part of the Forex Markets category; The EUR came under selling pressure against the greenback on Monday after the UK Daily Telegraph reported on its website ...
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Jun 15, 2009, 12:05pm
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| Senior Member  Join Date: May 2007 Posts: 373
  | Forexyard analysis - Dollar Up as Russia Sees No Other Alternative to the U.S. Curren
The EUR came under selling pressure against the greenback on Monday after the UK Daily Telegraph reported on its website that Germany's top industrial group has warned that Germany's credit crunch is deepening. The dollar also drew some support after Russia's Finance Minister said the nation has full confidence in the U.S. currency. His remarks came ahead of the first summit of leaders of Russia, China, India and Brazil on Tuesday, at which the leaders are expected to discuss issues including foreign reserve diversification. Read the complete in depth forex analysis of today at our forex news center 
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