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Technical analysis >  Latest forex analysis - 22/10/07
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forextrader
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Joined: 30 Sep 2007
Posts: 28

PostPosted: Mon Oct 22, 2007 4:40 pm    Post subject: Latest forex analysis - 22/10/07 quote

Read the latest forex analysis:


G7 Statement focuses on China, giving USD weakness a theoretical green light.

"The G-7 produced little in the headlines. Therefore, the knee-jerk reaction to the statement, which focused on the Chinese Yuan and the unified call for China to allow its currency to strengthen more rapidly, was that this gives a green light to further USD weakness. "


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