Archive for November 12th, 2009


Reuters
Obama Can't Avoid Immovable Yuan as Dollar Sinks Asia
Bloomberg
growers and textile companies have ramped up pressure on Congress to enact legislation aimed at forcing China to raise the value of its exchange rate.
Q+A-What are the stakes in the US-China yuan tussle?Reuters
China Tells US To Heed Fiscal Stance, US DollarWall Street Journal
Currency tensions flare as Obama heads to APECAFP
Aljazeera.net -The Associated Press -OpEdNews
all 1,676 news articles »

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Chile Central Bank Holds Key Rate At Record Low 0.5%
Wall Street Journal
and unemployment levels remain steady and credit conditions have marginally improved, but that the peso's exchange rate, in real terms, has fallen.

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Oil tumbles as inventories increase more than expected
Xinhua
Light, sweet crude for December delivery fell 2.34 US dollars, or 3.0 percent, to settle at 76.94 dollars a barrel on the New York Mercantile Exchange.

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US federal deficit hits 176 billion dollars in October
Xinhua
12 (Xinhua) — US federal deficit hit a record 176.4 billion US dollars in October, reported the Treasury Department on Thursday.

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Globe and Mail
Gold declines for first session in nine on bouncing dollar
Xinhua
The most active gold contract for December delivery tumbled 8 US dollars, or 0.7 percent, to finish at 1106.60 dollars an ounce. In the overnight electronic
Gold glitters againFiji Times
Time To Bail Out On Gold?Gold Investing News
Hong Kong gold closes at new record highMSN Philippines News
Channel News Asia -Xinhua
all 1,193 news articles »

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Telegraph.co.uk
The Running of the Bulls
HoweStreet.com
Any sign of restructuring in this exchange rate regime will be greeted with great enthusiasm, but the USD has declined more than 15% on a trade-weighted
Beijing signals send renminbi higherMoneycontrol.com

all 584 news articles »

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US Stocks Decline as Slump in Energy Shares Erases Early Gain
Bloomberg
The exchange rate will be guided in a “proactive, controlled and gradual manner and based on international capital flows and movements in major currencies,”

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Mexico Stocks Fall In Profit-Taking, Peso Weakens; IPC -1.1%
Wall Street Journal
Ruben Fernandez, head of currency trading at the local Monex brokerage, said the peso bounced back in the afternoon from an intraday low of around MXN13.25
Mexico's Peso Rises to One-Week High as Stocks AdvanceBloomberg
Mexican peso firms as U.S. dollar weakens globallyReuters

all 23 news articles »

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100 Mortgages

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Turkcell Iletisim Hizmetleri AS Third Quarter 2009 Results
CNNMoney.com (press release)
During the quarter, we recorded a translation loss of $46.6 million mainly due to the exchange rate fluctuations between TRY and the US dollar on Turkcell's

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