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China Vanke says July property sales at 9.1 bln yuan, up slightly

August 4, 2011 by Forex.ch Leave a Comment

SHANGHAI, Aug 4 (Reuters) – China Vanke , thecountry's largest property developer by revenue, said propertysales for July were up slightly from a year earlier at 9.1billion yuan ($1.4 billion), Vanke …

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China Vanke says July property sales at 9.1 bln yuan, up slightly
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Filed Under: Forex News

AUDUSD – Sells Off, Extends Bearish Momentum

August 4, 2011 by Forex.ch Leave a Comment

AUDUSD We continue to retain our corrective weakness bias as AUDUSD has failed to follow through higher on its hammer candle formation on Wednesday. This failure has increased the risk of further weakness towards the 1.0525 level, its July 12’2011 low followed by the 1.0389 level. Further down, support

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AUDUSD – Sells Off, Extends Bearish Momentum
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Filed Under: Forex News

Japan faces battle to weigh down yen

August 4, 2011 by Forex.ch Leave a Comment

Just four months after the Japanese government last intervened in currency markets to drive down the value of the yen, policymakers are back in action. Their initial barrage on Thursday proved successful …

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Japan faces battle to weigh down yen
© Copyright Yahoo Finance

Filed Under: Forex News

Dollar rises 4 percent on the day versus yen

August 4, 2011 by Forex.ch Leave a Comment

LONDON, Aug 4 (Reuters) – The dollar extended gains onThursday, rising 4 percent on the day against the yen as traderscited more yen selling by the Japanese authorities to keep theU.S. currency above the …

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Dollar rises 4 percent on the day versus yen
© Copyright Yahoo Finance

Filed Under: Forex News

Euro zone bonds steady on possibility of ECB action

August 4, 2011 by Forex.ch Leave a Comment

Euro zone sovereign bond markets steadied on Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area’s debt crisis.

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Euro zone bonds steady on possibility of ECB action
© Copyright Yahoo Finance

Filed Under: Forex News

New Zealand dollar falls 2 percent on day

August 4, 2011 by Forex.ch Leave a Comment

LONDON, Aug 4 (Reuters) – The New Zealand dollar dropped 2percent versus the U.S. dollar on Thursday on concerns the NewZealand authorities may take steps to curb strength in theircurrency which hit a …

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New Zealand dollar falls 2 percent on day
© Copyright Yahoo Finance

Filed Under: Forex News

USDCAD – Recovery Pressure Set For The 0.9778 Level

August 4, 2011 by Forex.ch Leave a Comment

USDCAD With a break and hold above the 0.9631 level seen in early trading today, USDCAD is building up more strength towards the 0.9778 level, its July 12’2011 high. Further out, resistance comes in at the 0.9912 level traded on Jun 27’2011.

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USDCAD – Recovery Pressure Set For The 0.9778 Level
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Filed Under: Forex News

Currencies: Yen plunges, dollar soars on Japan intervention

August 4, 2011 by Forex.ch Leave a Comment

Tokyo acts to curb the yen’s strength, prompting a sharp pullback in the local currency against major counterparts, and the euro drops ahead of ECB meeting decision.

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Currencies: Yen plunges, dollar soars on Japan intervention
© Copyright Yahoo Finance

Filed Under: Forex News

Turkish c.bank says to start forex selling auctions Friday

August 4, 2011 by Forex.ch Leave a Comment

ISTANBUL, Aug 4 (Reuters) – Turkey's central bank announcedthat it will start foreign exchange selling auctions fromFriday, monitoring global risk appetite closely to determine themarkets' needs. …

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Turkish c.bank says to start forex selling auctions Friday
© Copyright Yahoo Finance

Filed Under: Forex News

Spanish bond sale eases eurozone debt nerves

August 4, 2011 by Forex.ch Leave a Comment

The Spanish Treasury on Thursday sold €3.3bn of medium-term sovereign bonds, close to the maximum of €3.5bn it wanted, in an auction that was closely watched by investors amid increased tension in eurozone …

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Spanish bond sale eases eurozone debt nerves
© Copyright Yahoo Finance

Filed Under: Forex News
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