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Friday, July 16, 2010

Dollar Takes its Guidance from the Euro Rather than Risk as Correlations Flex

•Dollar Takes its Guidance from the Euro Rather than Risk as Correlations Flex
•Euro Climbs as Spanish Bank Fears Put to Rest by Yet Another Successful Debt Auction
•Japanese Yen Forges Morning Rally as Carry Reversal Crowds out BoJ’s Downgraded Forecast
•British Pound Rally: In the Right Place at the Right Time
•Australian Dollar Slips as Inflation Expectations and Chinese Growth Curb Bullish Outlook
 

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[Source: DailyFX Forex Market News]

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