Brazil forex outflows total $1.237 bln to July 9 (at Reuters)
Brazil s central bank said on Wednesday that U.S. dollar outflows from the country totaled $1.237 billion in the month through July 9. us.rd.yahoo.com |
Euro Holds Narrow Range Following Stress Test, British Pound Extends Near-Term Rally (DailyFX)
Uncertainties surrounding the results of the EU bank stress test pushed the single-currency to a low of 1.2888 during the European trade, and the exchange rate may push lower going into the North American session as investors maintain a cautious outlook for the region. finance.yahoo.com |
China reserves 65% in dollars, 26% in euro: report
[at MarketWatch] - China s $2.45 trillion foreign exchange reserves consist of approximately 65% in U.S. dollars and 26% in euros, according to a state media news report Friday. The reserves also include 5% in British pounds and 3% in Japanese yen, according the China Securities Journal report, which didn t cite sources for the information. us.rd.yahoo.com |
GBPUSD Halts 5-Day Avdance as the M4 Money Supply Unexpectedly Declines
[DailyFX] - Great Britain’s M4 money supply for the month of August disappointed as figures unexpectedly dropped 0.2 percent after climbing 0.4 percent amid economists’ expectations of a 0.2 percent rise. finance.yahoo.com |
G-20 Leaders Pledge to Avoid Currency War
Officials from the world’s 20 biggest economies promised to refrain from a currency war and to give emerging economies more say. nytimes.com |