Archive for July 1st, 2010

Daily Forex Snapshots Weak Chinese PMI Data Keeps Risk Appetite in Check
ACM
Risk sentiment took a further hit during this morning's Asian trading session as China's purchasing managers' index declined to 52.1 (v 53.2 exp) during

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RTE.ie
Crude prices plunge on disappointing economic data
Xinhua
Light, sweet crude for August delivery dropped 2.68 US dollars, or 3.5 percent, to settle at 72.95 dollars on the New York Mercantile Exchange.
Oil follows shares sharply lowerSydney Morning Herald
Crude prices plunge on demand concernsXinhua
Crude prices retreat slightlyXinhua

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Reuters UK

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Christian Science Monitor (blog)
Would a floating yuan necessarily appreciate in value?
Christian Science Monitor (blog)
The semi-independent territory of Hong Kong have currency convertibility, but not a floating exchange rate, and that has worked quite well for Hong Kong.

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Christian Science Monitor
How to fix US deficit: Stick to the law
Christian Science Monitor
A Chinese clerk counts US dollars in central China's Anhui province on June 20. AP Photo/File By Diane Lim Rogers, Guest blogger / July 1, 2010 I haven't

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Forex: EUR/USD rises further, approaches 1.2500
NASDAQ
FXstreet.com (Córdoba) – The Euro extended its rally against the Dollar and rose to 1.2495, reaching a fresh 6-week high. The pair remains strong and the
Forex: Swiss Franc falls amid EUR/CHF strengthNASDAQ
Forex: EUR/USD jumps to 1.2450NASDAQ
Forex: EUR/USD trims gains after potential Spain's downgradeNASDAQ
NASDAQ
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New York Times (blog)
Yuan big scramble
The Standard
Yesterday's exchange rate was 864 yuan for HK$1000 – two dollars lower than on Tuesday, when speculation on possible appreciation was at its highest.
How China Should Deal with GoogleForbes
Google to stop redirecting users in China to uncensored siteLos Angeles Times

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The Market Oracle
Midyear market shift: Dump the dollar, buy the euro, sell gold
Los Angeles Times (blog)
"People are screaming, 'Get me out of the short trade,' " said Brian Dolan, chief currency strategist at Forex.com. The euro's strength didn't do any good
How You Can Benefit From A Weak EuroSan Francisco Chronicle
Dollar dives after weak data stir US recovery fearsChannel News Asia
Euro to Gain at Dollar's Expense If U.S. Jobs Data DisappointWall Street Journal
The Associated Press -CanadianBusiness.com -Daily FX
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Reuters
Precious metals manager sees gold heading north
Globe and Mail
It could be people with US dollars making the bet that they are next. With people worried about the euro, global deflation, global inflation,
Gold rebounds amid renewed European debt worries, despite stronger dollarXinhua
Gold tumbles on profit-taking and strengthened dollarXinhua
Gold and Silver's Daily Review for June 28th June 2010Gold Seek
Mineweb -Gold Seek
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DEATH TOLL RISES TO 18 IN THREE SUSPECTED SUICIDE ATTACKS IN PAKISTANI CITY OF
Forex Pros
Currency trading on margin involves high risk, and is not suitable for all investors Before deciding to trade foreign exchange or any other financial

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