Archive for July 8th, 2010

Euro hits eight-week high amid buoyant market
Channel News Asia
"The ongoing net selling of US dollars continues apace," said Samarjit Shankar of the Bank of New York Mellon as the euro hit a fresh eight-week high.

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No major trading partner manipulates currency: US Treasury
Xinhua
WASHINGTON, July 8 (Xinhua) — US Treasury Department said on Thursday that no major trading partner of the United States manipulates exchange rate to gain

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Moneycontrol.com
US Hill Reacts Negatively To Treasury's Forex Report On China
Automated Trader
–Top Senate Finance Panel Republican Says Report Is Not Persuasive –Sen. Grassley: 'Everyone Knows' China is 'Manipulating' Its Currency –Sen.
Treasury does not cite China as forex manipulatorMarketWatch

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Forex: EUR/JPY consolidates gains above 112.00
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

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AFP
China not cited as currency manipulator
MarketWatch
The agency said "it will take some time before we can assess whether China's recent exchange rate change will produce a sufficiently market-determined
US Treasury Releases FX Report;China Not Named FX ManipulatorAutomated Trader
U.S.: China Not a Currency ManipulatorWall Street Journal
US avoids labeling China currency manipulatorAFP
ABC News (blog) -BBC News -DailyFinance
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Crude prices extend gains on lower inventories
Xinhua
The sharp decline in crude was more than analysts had expected, sending oil prices back to over 75 US dollars a barrel, the level first seen in a week.

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Reuters India
Gold inches lower on waning safe-haven demand
Xinhua
The most active gold contract for August delivery dropped 2.8 dollars, or 0.2 percent, to finish at 1196.1 US dollars. The US Labor Department said on
Gold edges up as sell-off seen overdoneXinhua

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Argentina Stocks Up; Ctrl Bank Buys Record $262M In Forex Mkt
Wall Street Journal
BUENOS AIRES (Dow Jones)–Argentina's stock market ended higher Thursday but the real action took place in the

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Treasury does not cite China as forex manipulator
MarketWatch
WASHINGTON (MarketWatch) — In a long-awaited report, the Treasury Department declined again Thursday to officially cite China for manipulating the

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Reuters India

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