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Tag Archives: rand

reaching the limits of dollar weakness?

[Skip to the end] Yes, first recent sign of direct intervention to keep domestic wages down and support exports. If foreign limits of tolerance for the appreciation of their currencies have been met and they start buying dollars to support exports to the US it could trigger a dollar short covering rally/gold sell off/equity sell […]

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Posted byWARREN MOSLEROctober 22, 2009 @ 1:33 pm (Thursday)Posted inCBs, CurrenciesTags: rand

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