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Forex Asia Review – Aussie rallies after China GDP

Posted on July 13, 2012 6:19 am GMT

Euro was steady in the Asian session, hovering near a two-year low. The single currency dipped briefly after Moody’s cut Italy’s credit rating but soon recovered some losses after China GDP data which showed it met second-quarter growth expectations.
EURUSD opened […]

Forex News – Euro jumps after China lowers reserve deposit ratio

Posted on November 30, 2011 11:18 am GMT

Euro jumped 0.33 percent against the dollar to hit a session high of 1.3318 at around 11:00 GMT after China announced it is reducing its central bank reserve requirement.
The People’s Bank of China lowered the reserve requirement ratio for its […]