The News Review:
- FREX-Dollar eases on US debt concerns
- FREX-Dlr falls ahead of next Treasury auction hurdle
- Forex Scam Uncovered by SEC
- WRLD FREX: Dollar Steady But Nervous; Sterling Climbs
FREX-Dollar eases on US debt concerns
Reuters
DXY * Talk of BRICs diversification weigh on dollar * High yielders and commodity-linked currencies gain * Investors await 30-yr Treasury bonds U. retail sales (Adds quote updates prices) By Tamawa Desai LNDN June 11 (Reuters) – The dollar edged down against abasket of currencies on Thursday as rising U. bond yieldsraised concerns about burgeoning U. debt and on speculationbig emerging countries may move out of U.
FREX-Dlr falls ahead of next Treasury auction hurdle
Reuters
5% * Aussie climbs on data showing smaller job losses in May * Nikkei briefly rises above 10000 to hit 8-month high * Japan’s revised Q1 GDP -3. 8% impact on market limited By Kaori Kaneko TKY June 11 (Reuters) – The dollar fell against a basketof currencies on Thursday paring some gains made after thebenchmark U. Treasury yield hit its highest point in eightmonths the previous day. The New Zealand dollar jumped after the Reserve Bank of NewZealand left interest rates on hold while the Australian dollaralso climbed after data showed employment fell by far less thanexpected in May. Higher oil prices and the Nikkei share average.
Forex Scam Uncovered by SEC
Learning Markets
Peter Son and Jin Chung targeted investors in the United States South Korea and Taiwan. Using two investment companies SNC Asset Management Inc. and SNC Investments Inc. the men never invested in the forex as promised.
WRLD FREX: Dollar Steady But Nervous; Sterling Climbs
Wall Street Journal
–>WRLD FREX: Dollar Steady But Nervous; Sterling Climbs ArticleCommentsmore in. verall sentiment on the dollar remained nervous as traders mulled Wednesday’s announcement by Russia that it plans to reduce the share of its official holdings in U. Analysts cautioned that the plans offer little reason to sell the dollar right now.
Related from Yolog: WRLD FREX: Yen Recovers Ground Vs Dlr n Bargain-Hunting