forex currency

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    Forex Currency: Hungary Failed in Loans Investigation

    Forex Currency—-From July 6th to 17th, IMF and EU delegation conducted the 5th regular investigation in Hungary on the emergency assistance loans provided by Hungarian government. The investigation ended with Hungary’s failure. It is reported that Hungary had applied for loans of 20 billion...
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    Forex Currency: German Bonds Slides

    Forex Currency—- German national bond futures fell on Wednesday choppy trading, as forex investors renewed their interest in Stocks, and earlier wave of national bonds was successfully absorbed by forex market. Germany and Italy successfully sell their bonds, 13.5 billion euro today. September...
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    Forex Currency: IMF Expects A Slight Depreciation of USD

    Forex Currency---- International Monetary Fund (IMF) estimated last Thursday that the dollar would depreciate slightly in the next five years. “What should be pointed out is that, based on the fundamentals we see”, said David Robinson, vice director of IMF Western Hemisphere Research...
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    Forex Currency: Euro/Dollar rose to two-month High

    Forex Currency----The euro touched a two-month high against the dollar on Thursday, for economic statistics of US and Australia revitalized confidence to global economic recovery and boosted forex investors’ interest in higher-yielding currencies. Early last week, US application for...
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    Forex Currency: Risk Appetite Rises; USD Under Pressure

    Forex Currency---- Yesterday, due to the positive impact of the stock market, risk appetite rose, pushing up commodity currencies against the dollar in forex market. The euro closed at 1.2630; the pound closed at 1.5179. European shares closed with nearly 1% up. US stocks closed with nearly 3%...
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    Forex Currency:RMB Central Parity Drops in Two Consecutive Days

    Forex Currency---- Following the decline of RMB/USD central parity and spot quotes, the situation renewed yesterday. Affected by the adjustment of inquiry market, overseas non-deliverable forward (NDF) market comes into watching moods. Since the beginning of July, RMB has fallen consecutively...
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    Forex Currency: Both RMB Spot and NDF Weaken

    Forex Currency---- Yesterday (July 5th) was the first trading day in the third week after RMB currency reform. The previous spot market hit new high since three successive days of RMB currency reform. Yesterday, RMB spot and NDF market both declined, indicating the amendment of the forex market...