Archive for June 21st, 2010

Obama: Shift in Chinese Currency Exchange Policy
Scoop.co.nz (press release)
China's decision to allow its currency, the yuan, to have more flexible exchange rates by allowing several foreign currencies to determine its value,
World Leaders' ReactionWall Street Journal
China grants Geithner's wishFortune (blog)

all 6 news articles »


The Guardian

Forex – EUR/USD, EUR/CHF Flows – WSJ: Akzo Nobel Sells National Starch to Corn
FXMarketAlerts.com
EUR could see some Starch related supported on dips; but interest by funds to sell on rallies for more downside risk, despite current CNY rise on PBoC moves

and more »

Forex: Aussie strengthens on Yuan appreciation
NASDAQ
FXstreet.com (Córdoba) – The exchange rate for Dollar-Yuan was set at 6.7980 on Tuesday, what is a 0.43% appreciation, the biggest rise in 5 years.
Forex: AUD/USD downside rally finds support at 0.8750NASDAQ
Forex: EUR/AUD hovering close to daily lowsNASDAQ
Forex: AUD/JPY retreats from 1-month highNASDAQ
NASDAQ -NASDAQ -Forex Rate It! (blog)
all 14 news articles »

Dallas could benefit from China's currency move
Dallas Morning News
All of which presumes that the exchange rate will move over the long term. The value of the Chinese currency, the yuan, wasn't much different Monday than it

and more »

Forex: AUD/USD downside rally finds support at 0.8750
NASDAQ
FXstreet.com (Córdoba) – After dropping over 80 pips from Monday's high at 0.8858 (1-month high), AUD/USD has seen the downside limited above the strong
Forex: EUR/AUD hovering close to daily lowsNASDAQ
Forex: AUD/JPY retreats from 1-month highNASDAQ
Forex: USD/JPY tests levels below 91.00 as Wall Street trims gainsNASDAQ
NASDAQ -NASDAQ -Forex Rate It! (blog)
all 13 news articles »

Schlossberg Sees `Glacial' Revaluation of China's Yuan: Video
Bloomberg
June 22 (Bloomberg) — Boris Schlossberg, director of research at online currency trader GFT Forex in New York, talks with Bloomberg's Rishaad Salamat about
Peterson's Lardy Says Yuan Move a `Win-Win' for China: VideoBloomberg
Asia Day Ahead: Yuan Unshackled May Strengthen China Domestic Demand ShiftBloomberg

all 6 news articles »


Portfolio.com
Forex, Commodities, Stocks Outlook June 21st:cliff's 2 Minute Drill 10:30 …
egoli.com.au
FOREX Daily Outlook Friday and early Monday trade GMT: Bias to risk currencies as risk markets jump on news of CNY revaluation and its ramifications for
Forex – Asia Open – Overnight HighlightsFXMarketAlerts.com
Is Yuan revaluation for real: India Forex AdvisoryMoneycontrol.com
Rand firms on host of factorsBusiness Day
IBTimes -Market News International -ForexLive (blog)
all 64 news articles »

Forex: EUR/AUD hovering close to daily lows
NASDAQ
FXstreet.com (Córdoba) – The Euro continued to lose ground against the Australian dollar, extending the fall to the 1.4000 zone where it reached a fresh
Forex: AUD/JPY retreats from 1-month highNASDAQ
Forex: USD/JPY tests levels below 91.00 as Wall Street trims gainsNASDAQ
Forex: EUR/JPY retreats from 2-week highNASDAQ
NASDAQ -NASDAQ -Forex Rate It! (blog)
all 13 news articles »


Reuters India
Gold eases but safe-haven bid to persist
Daily Times
China's decision to relax the yuan's peg to the US dollar to allow for greater flexibility in its exchange rate dented the US currency and lifted
PRECIOUS METALS: NY Gold Steadies After Chinese Yuan NewsWall Street Journal
Gold Prices Are Seeing A Rise After China Announces Move To More Flexible Men’s Spot
Gold Prices Fall on China Yuan NewsTheStreet.com
CoinNews.net (press release) -RTT News -Ninemsn
all 200 news articles »