Exchange Rate Nov 14th

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Exchange Rate Nov 14th

Euro confidence from the weekend have been dispelled as market jitters continues to appreciate the US dollar

Investor's were disapointed in Italy's bond auction so this exerts continued pressures against the euro

Higher US Bond Prices will support the US dollars (upward pressure on US dollar)

Shortlived confidence in EU resolution will result in continued downward Pressure on US commodity prices.

YaoChuChen20:58, 14 November 2011