SAO PAULO, June 10 (Reuters) - Brazil's central bank offered to buy US dollars in the spot foreign exchange market on Wednesday, seeking to soak up a flood ...
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Brazil offers to buy dollars in spot forex market
Source: www.reuters.com
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EU’s Almunia says eurogroup will discuss euro appreciation, to prepare position for G7
The news has hit EUR/USD pretty hard, selling off below 1.4600, presently at...
US, China debate final APEC wording on forex, trade
SINGAPORE, Nov 15 (Reuters) - The United States and China are debating the final wording on market-oriented currency exchange rates and combating trade ... See all stories on this...
USD looking sprightly this morning
USD/JPY is above 98.50 and EUR/USD is at 1.3970 as the USD looks a bit more attractive today, probably due to weekend events in Iran. The CHF is also a bit stronger on the crosses which confirms that there is some geo-political risk aversion plays taking...
US Treasury’s Geithner talks fiscal responsibility
The tone emanating from the powers that be has certainly changed recently with comments moving away from worries over the banking system to promoting a more responsible fiscal stance when the economic recovery is firmly in place. Geithner’s comments today echo that fact saying that there are...
AUD/USD short term technicals
The overall trend on the hourly chart is neutral. Potential resistance at .8070 in the form of a Fibo, trend line. Support is at last nighs .7965 low. Looks like a range trading market to me, buy dips, sell...