BUENOS AIRES (Dow Jones)--Argentina's government won't tap the central bank's foreign exchange reserves to pay off some $7.5 billion in debts owed to ...See all stories on this topic »
Argentina Minister: Won't Use Forex Reserves To Pay Paris Club Debt
Source: online.wsj.com
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BOC’s Carney: Concerned about recent CAD rise
Bank of Canada Governor Carney says he is concerned about the recent rise in the Canadian dollar saying the rise over the last month has been at an unprecedented rate. Evidence of the currency impact was seen earlier this week as Canada posted a rare trade deficit. Reaction has been muted as Carney...
EUR/USD Demonstrates Fastest Gain in 3 Weeks
The dollar fell at a fastest pace in 3 weeks against the euro today as the Q1 GDP decline was reported to be not so bad as expected. EUR/USD is now trading near 1.4114 and technical analysis shows that it will probably continue...
Real money active on latest dollar slide
Dealers note strong buying of cable from the 1.6550 level all the way up through 1.6600 and the pound remains underpinned.The demand seemed to come under duress, traders say. This means the buyer really wanted them cheaper but was forced to pay up to cover his exposure, just like us mere...
US Treasury Yields in a Tug of War
From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that...
Stocks staging late day rebound
US equities have traded lower all day but are rebounding nicely late in the session, down only 0.3% after being down over 1% most of the day. Oil prices have turned up as well, helping undermine the grrnback a bit. EUR/USD has bounced to the 1.39 level once...