Archive for July 30th, 2010

Euro To Face Headwinds As ECB Likely To Keep Exit Strategy On Hold
Daily FX
The Euro maintained the rally from June, with the exchange rate rising above 1.3100 for the first time since May, but the near-term advance could taper off

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Forex – Stocks narrowly mixed as economic growth slows
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.
US SENATE PLANS TO HOLD TEST VOTE ON OIL-SPILL ENERGY BILL WEDForexyard

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Forexyard (blog)
Gold climbs after US GDP report
Xinhua
The most active gold contract for December delivery rose 12.7 dollars, or 1.1 percent, to finish at 1183.9 US dollars per ounce. The US Commerce Department
Gold jumps most in one week as dollar slidesPeople’s Daily Online
Greg CanavanNinemsn
Fund launched to take advantage of interest in goldOtago Daily Times
Stuff.co.nz
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US growth doubts sap enthusiasm for equities
Financial Times
In currency trading, the dollar fell below Y86 for the first time in eight months on Friday, capping a poor week for the US unit. The dollar index was down

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Wall Street trades flat after mixed data
Xinhua
95 US dollars a barrel on the New York Mercantile Exchange. In London, Brent crude was up 59 cents at 78.18 dollars a barrel on the ICE futures exchange.

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YemenOnline
Yemen currency hits lowest exchange rate despite Central Bank continual injections
istockAnalyst.com (press release)
30, 2010 (Xinhua News Agency) — Yemen's rial hit a new record of low exchange rate against the US dollar on Friday despite the latest of series of cash
Yemen currency falls despite supportGulf Daily News
Yemeni rial falls despite central bank injectionsDaily Star – Lebanon

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WORLD FOREX: Dollar Up Vs Euro, Down Vs Yen After US GDP Report
Wall Street Journal
TORONTO (Dow Jones)–The dollar rose against the euro but fell against the yen Friday as a report on the US gross

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EUR/USD: Trading the Advanced US 2Q GDP Report
Daily FX
sector could lead to a dismal growth report, which would weigh on the exchange rate as investors mull over the prospects for a sustainable recovery.

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Moneycontrol.com
FOREX-Dollar falls to 8-month low vs yen on US data
Reuters
You could see euro go below $1.30 and the dollar fall below 86 yen," said Boris Schlossberg, director of FX research at GFT Forex in New York.
WORLD FOREX: UK Pound Hits 5-Month High In Unsettled TradingWall Street Journal
FOREX-Dollar under pressure vs yen before US GDPReuters

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