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Echo20

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Echo20

Re: None

Monday, 11/30/2015 8:39:17 PM

Monday, November 30, 2015 8:39:17 PM

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The International Monetary Fund has officially designated the Chinese yuan a global reserve currency.

That means that it joins an elite group of currencies — the dollar, the yen, the euro, and the pound — in the Special Drawing Rights (SDR) basket.

This could be a marker point for the DOW and the US dollar.

Watch those points.


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