Archive for July 28th, 2010

Roundup: Wall Street retreats on disappointing data
istockAnalyst.com (press release)
Light, sweet crude fell 51 cents to settle at 76.99 US dollars a barrel on the New York Mercantile Exchange. In London, Brent crude lost 7 cents to settle
Wall Street trades mixed on consumer confidenceXinhua

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International Business Times
China Hopes to Replace Dollar with Yuan
Christian Web News
Compared with pegging to a single currency, the exchange rate regime with reference to a basket of currencies will help adjust exports and imports,
More reform in store for yuan: PBCGlobal Times
China to adjust FX reserves, likely by reducing exposure to U.S. assetsInternational Business Times
Yuan Rise Won't Narrow US Trade Deficit, Cleveland Fed SaysBloomberg

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Moneycontrol.com
Forex: USD/JPY dips to a low of 87.27 on weak Beige Book
NASDAQ
FXstreet.com (Barcelona) – The greenback softened around 35 pips against the Japanese yen directly following the release of the Fed's important Beige Book,
Forex: Dollar unchanged after Beige BookNASDAQ
Forex: EUR/USD slightly lower after Beige BookNASDAQ
Forex: GBP/USD extends decline below 1.5600NASDAQ
FXMarketAlerts.com -Forex Pros -Moneycontrol.com
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Forex Markets Show Companies Need Better Hedging
Wall Street Journal
Managing companies' exchange rate risks often involves more art than science, as is clear from a slew of earnings results after an

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GoldAlert
Gold ticks up on bargain hunting
Xinhua
The most active gold contract for August delivery rose 2.4 dollars, or 0.2 percent, to finish at 1160.4 US dollars per ounce. The US Commerce Department
Gold closes at 3-month low as safe-haven demand fizzlesXinhua
Gold extends losses as risk appetite returnsXinhua
Bullion bullish but beware bearsStuff.co.nz
Otago Daily Times
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Moneycontrol.com
WORLD FOREX: Dollar Declines Vs Yen On US Growth Concerns
Wall Street Journal
The IMF said the yuan's nominal effective exchange rate, which measures its value against a basket of its trading partners' currencies, actually fell 1.25%
Exchange rates: Pound Euro expected to maintain tight rangeEconomy News
Daily Exchange Rate ForecastTorFX Foreign Currency Exchange (blog)
Pound Australia Dollar rate: Bounce fades for British PoundEconomy News
Ukrainian Globalist -Bloomberg
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RTT News
Equifax Reports Second Quarter 2010 Results
MarketWatch (press release)
Latin America revenue was $56.7 million, up 12 percent in local currency and 21 percent in US dollars from a year ago. Europe revenue was $32.5 million,
Equifax Q2 Profit RisesRTT News

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AFP
FOREX-Dollar slips vs yen, rises vs euro on durables data
Reuters
"The US data now is the main focus in the forex markets, and it continues to come on the disappointing side," said Amelia Bourdeau, a currency strategist at
WORLD FOREX: Dollar Declines Vs Yen On US Growth ConcernsWall Street Journal
Forex: Dollar unchanged after Beige BookNASDAQ
Forex: USD/JPY dips to a low of 87.27 on weak Beige BookNASDAQ
NASDAQ -Forex Pros -FXMarketAlerts.com
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Forex – Dollar Continues Lackluster Performance Amid Disappointing U.S. Data
ForexTV.com
Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial risk of loss and is not suitable for every investor.
Dollar Continues Lackluster Performance Amid Disappointing US DataDaily FX

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RTT News
Symantec Reports First Quarter Fiscal 2011 Results
MarketWatch (press release)
Guidance assumes an exchange rate of $1.26 per Euro for the September 2010 quarter versus the actual weighted average rate of $1.44 per Euro for the
BMC Software Announces Fiscal 2011 First Quarter ResultsMarketWatch (press release)

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