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Currencies: Euro rises to level not seen since EU-IMF bailout
The euro regains the $1.30 mark and then some, as doubts about the U.S. credit rating undercut the dollar. Japan's yen extended a move higher against the greenback as well.
Read more...BOJ says not swayed by forex but watching yen
(For more stories on the Japanese economy click [ID:nECONJP ])
Read more...Forex Fundamental Trends Monitor 07.26.2010
Euro remains supported by short-covering while the Pound continues to track the outlook for interest rates. The Yen is tracking US yields and the commodity bloc is still anchored to stock markets and the earnings calendar.
Read more...European markets flat after stress tests
European markets flat as investors continue to digest EU stress test results
Read more...European growth hopes lift stocks
World stock markets brushed aside a downbeat assessment of the U.S. outlook from Federal Reserve chairman Ben Bernanke and posted solid gains Thursday on the back of strong economic and corporate news.
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