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China and the FX market
China’s growth is mainly dependent on exports with a trade balance of around $200Bn a year each swing in western demand effects on Chinese growth.Last year with the credit crisis in its climax Chinese exports have slumped and with it Chinese unemployment surged and growth slowed.However since in China political stability is in direct link [...]
Continue reading...NZD Review Dec.08
8. December 2009
The FX BUZZ The Buzz: RBNZ to leave rates on hold Ahead of the RBNZ rate decision market is expecting rates to be left on hold as the New Zealand economy continues to lag behind its larger neighbor Australia, with exports falling 22.4% since the beginning of 2009.The RBNZ is very well aware of the negative effects [...]
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eToro – Forex Trading Forum
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