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Central Banks Prop up Dollar15th November 2007 Yesterday, we posted about the Central Bank of Australia, which intervened on behalf of its currency over the summer. In fact, several Central Banks have either intervened or are in the process of intervening, all with the goal of holding their currencies down (against the US Dollar) rather than lif... This article is courtesy of Forex Blog Mid-Day Report: Dollar Remains Weak after ISM Manufacturing, Swissy Soars | Mid-Day Report: Dollar Falls again after Poor Data, Cable at 26 Year High | British Pound / US Dollar Technical Levels Categories: Forex News |
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