| Forex Weekly Trading Forecast - 07.12.10 (DailyFX) US Dollar Pulls Back as S&P 500 Posts Largest Gains Since October Euro to Extend Gains as Yield Spreads Narrow, Shorts Unwind Japanese Yen Poised to Weaken Ahead of BoJ Rate Decision British Pound To Face Slower Price Growth, Drop In Jobless Claims Canadian Dollar Could Suffer Without Fundamental Catalyst Australian Dollar Faces Key Test at Multi-Month Highs New Zealand Dollar Rally Could Falter As Earnings Season Lies Ahead Gold Selloff to Resume as US Earnings Season Begins finance.yahoo.com |
Druckenmiller to Shutter His Hedge Fund (at New York Times) Stanley Druckenmiller, the hedge fund magnate who led George Soros s famous bet against the British pound, is calling it quits. us.rd.yahoo.com |
[$$] The Rise and Rise of Foreign Exchange [at The Wall Street Journal] - The Rise and Rise of Foreign Exchange Foreign-exchange trading has continued to boom despite—and even thanks to—the turmoil in the financial system. us.rd.yahoo.com |
MONEY MARKETS-US 3-, 6-mo bills sold with low-rate backdrop * Treasury sells 3-, 6-month bills in well-bid auctions * Interbank euro rates creep up, highest since July 2009 * Tight but stable liquidity seen limiting new rises us.rd.yahoo.com |
Geithner says China engaged on forex: report Treasury Secretary Timothy Geithner said China will continue to move toward exchange rate flexibility and is now actively engaged on global foreign exchange issues. finance.yahoo.com |