New Zealand Dollar Falls as RBNZ Talks Down Rate Hike Outlook
The New Zealand Dollar fell after a widely expected interest rate hike from the Reserve Bank of New Zealand as the central bank’s Governor Alan Bollard spoke out directly against the currency’s recent appreciation and downplayed the extent of further tightening.

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U.S. GDP and RBNZ Rate Decision Highlight Week of Event Risk
U.S. sentiment, demand and growth figures have the potential to initiate a new paradigm for the greenback if they point toward slower growth. The dollar has been the safe haven currency and bouts of risk aversion have favored it but growing interest rate differentials could start to see broader markets de-couple increasing the potential for dollar weakness. Indeed, the RBNZ is expected to raise …

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U.S. Unemployment Rate Falls to 9.5% Amid Decline in Job Seekers
The unemployment rate in the world’s largest economy fell to 9.5 percent in June from 9.7 percent the month prior, while nonfarm payrolls tumbled 125K. Meanwhile, private payrolls extended its five month advance as figures jumped 83K.

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China sets strongest yuan rate in years
China’s central bank set the strongest yuan exchange rate in years yesterday, as international pressure builds for a stronger currency ahead of the weekend G20 summit in Canada.

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China sets strongest yuan rate in years
China’s central bank set the strongest yuan exchange rate in years yesterday, as international pressure builds for a stronger currency ahead of the weekend G20 summit in Canada.

Read more on Taipei Times

China sets strongest yuan rate in years
China’s central bank set the strongest yuan exchange rate in years yesterday, as international pressure builds for a stronger currency ahead of the weekend G20 summit in Canada.

Read more on Taipei Times

Stronger exchange rate for yuan
China’s central bank set a stronger yuan exchange rate on Tuesday.

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UPDATE: Venezuela Begins New Forex Market, Sets New Bolivar Rate
UPDATE: Venezuela Begins New Forex Market, Sets New Bolivar Rate

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