Strignano’s Forex Signals Affiliate Alert
Wednesday, December 16th, 2009 at
2:02 am
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As China takes further steps to slow down the fast pace of their economy, the USD and JPY rose as demand for higher-yielding assets waned. With China slowing the availability of loans to the marketplace, along with raising the proportion of deposits banks must set aside for reserves-investors are looking for the safe haven of the USD and JPY.