USD/CAD steadies above 1.3000 after roundtrip to 1.2945

USD/CAD steadies above 1.3000 after roundtrip to 1.2945

FXStreet (Córdoba) – The US dollar managed to erase completely intraday losses against the loonie with USD/CAD back above 1.3000, barely unchanged on the day, after a strong US jobless claims reading.USD/CAD took a roundtrip to 1.2945 throughout the day tracking USD weakness that faded right after See Original Article

USD Index extends the bounce to 97.30

FXStreet (Edinburgh) – The USD Index, which gauges the greenback vs. its main rivals is prolonging the rebound from lows in sub-97.00 levels to the current 97.25/30 band.USD Index supported at 96.90The risk-on environment remains intact today, fuelled by the positive vote from the Greek parliament eSee Original Article

Gold bulls lose grip after US data

FXStreet (Mumbai) – Gold bulls ran out of steam after the US weekly jobless claims printed at the lowest level in four decades. The metal now trades around USD 1094/Oz, after having printed high of USD 1104.50/OIz earlier today. Upbeat labour data pushes treasury yields higherThe strong labor deparSee Original Article

U.S. dollar rise, interest rate gap pose spillover risks-IMF

WASHINGTON, July 23 (Reuters) – A further rise in the U.S. dollar as the monetary policy gap between the United States and other major economies widens could have a significant negative impact on…

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Hungary to decide on conversion of forex car loans soon -minister

Hungary to decide on conversion of forex car loans soon -minister

The ministry said, citing Economy Minister Mihaly Varga, that the stock of forex car and personal loans totalled nearly 300 billion forints ($1.07 billion).
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EUR/JPY eyes 137.10 after Greek parliament

FXStreet (Guatemala) – EUR/JPY is currently trading at 136.21 with a high of 136.46 and a low of 135.37.EUR/JPY has penetrated the 136 handle on broad euro strength in Europe following an initial bid in the euro overnight when the Greek parliament voted in the second round of voting on the reforms tSee Original Article

Russia Central Bank Reserves $: $358.2B vs previous $359.9B

FXStreet.com (Barcelona) For more information, read our latest forex news.
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Brazilian ratings firm strips Brazil of investment grade

SAO PAULO, July 23 (Reuters) – A local ratings firm stripped Brazil of its investment grade on Thursday, saying President Dilma Rousseff’s new budget savings goals are insufficient to stabilize the…

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Collapse of Forex Market stalls $200m Diaspora fund | BusinessDay

Collapse of Forex Market stalls $200m Diaspora fund | BusinessDay

Nigerians in Diaspora Organisation (NIDO) has said the collapse of Stock Exchange Market has stalled its $200 million investment fund project.
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EUR/USD: 1.1120 on the cards? – FXStreet

FXStreet (Guatemala) – Valeria Bednarik, chief analyst at FXStreet noted that the common currency advanced on Thursday, regaining the 1.1000 level against the greenback.Key Quotes:”Boosted during the European opening, by news that Greece passed a second bill of policy measures demanded by the rest oSee Original Article

Shrinking trade puts pressure on emerging market growth, investment

LONDON, July 23 (Reuters) – Falling exports are piling pressure on emerging economies, putting many of them at risk of a multi-year cycle of sluggish trade, economic growth and investment.

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FOREX-Euro rises as Greece makes move for bailout | Reuters

FOREX-Euro rises as Greece makes move for bailout. * Euro touches 1-week high above $1.10 as bears unwind bets. * Dollar index cuts loss on
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