Archive for January 12th, 2010

Central Banks Diversify but Don't Dump Dollars
Wall Street Journal
But this diversification is "not a dumping of [US] dollars," Woolfolk noted. The latest data on the Currency Composition of Official Foreign Exchange

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Stars Aligning Unfavorable to Equities
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work
Managed Futures Update: Top PerformerInside Futures

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Dollar and precious metals at a glance
BusinessWeek
NEW YORK Key currency exchange rates Tuesday, compared with late Monday in New York: Dollar vs: Exchange Rate Pvs Day Yen 90.99 92.07 Euro $1.4497 $1.4519

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Reuters
China Accelerated Exit From Stimulus Signals Higher Rates, Yuan
BusinessWeek
Bets that the exchange rate will strengthen have contributed to inflows of money from abroad — China's foreign exchange reserves, the world's largest,
Analysts: Chinese Exports Up 17.7%; Prompt Renewed Yuan TalkMarket News International
China surprises the markets, Venezuelan shoppers hustleGlobe and Mail
Luxury Problems In ChinaNinemsn

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CBC.ca
US trade deficit rises to $36.4 bln in November
Xinhua
12 (Xinhua) — The US trade deficit jumped 9.7 percent to 36.4 billion US dollars in November, the Commerce Department reported Tuesday.
UK's trade deficit slightly down in NovemberXinhua

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US stocks drop on earnings, financials
Xinhua
Dow industrials component and the world's largest aluminum producer Alcoa fell more than 11 percent to 15.52 US dollars after the company posted a quarterly

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US congressman wants foreign diplomats to pay NYC parking fees
Xinhua
12 (Xinhua) — Nearly 200 diplomats from around the world owe a walloping 18 billion US dollars in parking fines to New York City, according to a report

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WORLD FOREX: Dollar Down Vs Yen; US Yields Fall, Risk Shunned
Wall Street Journal
TORONTO (Dow Jones)–The dollar fell sharply against the yen Tuesday as investor demand for safe-haven assets and

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CANOE
China Accelerated Exit From Stimulus Signals Higher Rates, Yuan
Bloomberg
Bets that the exchange rate will strengthen have contributed to inflows of money from abroad — China's foreign exchange reserves, the world's largest,
Some suggestions for timing a one-off appreciation of the renminbiFinancial Times
Beijing Economic Policy Rocks the Global BoatSpiegel Online
China's exports balloon deflating world's pricesVancouver Sun
Market News International -Alibaba News Channel -Supply Chain Digest
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AFP
RPT-FOREX-Commodity currencies slip on China's bank measures
Reuters
NEW YORK, Jan 12 (Reuters) – Commodity currencies slipped on Tuesday after China said it would tighten banks' reserve requirements, raising concerns that
US dollar drops after robust Chinese data spurs risk-takingChannel News Asia

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