Archive for July 23rd, 2010

White House lowers budget deficit forecast this year
Xinhua
WASHINGTON, July 23 (Xinhua) — US federal budget deficit is expected to reach an all-time high of 1.47 trillion US dollars this year, 84 billion dollars

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Telegraph.co.uk
UPI NewsTrack Business
UPI.com
"Referring to a basket of currencies instead of a single currency will not only enable the exchange rate fluctuations to better adjust the import and export
British Pound Benefits From Jump in 2Q GDP, Euro Maintains Rally Ahead of Daily FX
Bank stress tests no silver bullet for EU economyXinhua

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The Big Mac Index
New York Times (blog)
That suggests that the yuan is still undervalued, by about 48 percent, despite China's moves toward a freer exchange rate. Other emerging market currencies,

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IBTimes
Forex: EUR/USD manages to end week above 1.2900 after stress test
NASDAQ
FXstreet.com (Córdoba) – The Euro finished the week just a few pips below last Friday's close. The pair rose slightly on Friday and consolidated gains after
Forex: EUR/USD rises back above 1.2860NASDAQ
Forex: EUR/USD fails to regain 1.2900 after test resultsNASDAQ
Forex – US – North American Summary and Highlights Jul 23FXMarketAlerts.com
Forex Rate It! (blog) -Forex Pros -Economy News
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Three Easy Ways to Start Trading Currencies Tomorrow
World Currency Watch (blog)
First of all, you can ease into foreign currency trading by buying or selling a few key Currency ETFs right on the New York Stock Exchange.

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Boston Globe
WORLD FOREX: Euro Up Slightly As Investors Digest Bank Tests
Wall Street Journal
NEW YORK (Dow Jones)–The euro posted modest gains Friday as most European banks passed regulatory stress tests
WORLD FOREX: Euro, Growth Currencies Gain On Global DataWall Street Journal
WORLD FOREX: Strong Data Help Euro Recover LossesWall Street Journal
Euro Vulnerable as Markets Weigh Stress Tests, Short-Covering SlowsDaily FX

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International Business Times
China may update foreign currency reports
UPI.com
"Referring to a basket of currencies instead of a single currency will not only enable the exchange rate fluctuations to better adjust the import and export
Central bank official suggests move away from dollar as benchmarkMarketWatch
China Yuan At 2-Week Low Late After Bernanke's TestimonyWall Street Journal
China Yuan Forwards Halt Six-Day Loss on Euro Gain, PBOC SignalBusinessWeek
People’s Daily Online -IMarketnews.com
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Dell holds steady after $100 million SEC deal
Sydney Morning Herald
Dell stock regained ground Friday after it agreed to pay 100 million US dollars in fines to resolve charges it used payments from Intel to mislead investors

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Moneycontrol.com
Euro Stress Tests Not Very Stressful
Forbes (blog)
Dan Cook is the Senior Market Analyst for IG Markets, a leading Forex Trading company. As we head into the final few hours of the US trading session,
FOREX-Euro slips on report Spain savings banks fail testAlibaba News Channel
Forex: Euro retains gains versus dollarOne Financial
Euro down in global forex trading, stress results loomCorporate FX
Daily Markets -Reuters -The Business Insider
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Indian Express
Forex windfall lifts Wipro net
Daily News & Analysis
Bangalore: Huge forex gains pushed up Wipro's net profit on a yearly basis by 31% to Rs 1319 crore in the first quarter-ended June 30.
European business likely to drive growth for WiproEconomic Times
Wipro meets street expectations with 31% rise in netBusiness Standard
4.7% volume growth in Q1 highest till date: WiproMoneycontrol.com

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