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USD slightly weaker
after Toronto summit
Chinese Yuan gets
expected value hike
Silver best
commodity bet
Using as basis the currency movements within last two days on the equity and bond markets,
investors have tried to be protected from any losses in case of negative USA figures
According to Eurostat presented data
Spain showed the highest unemployment level in Europe
and it indicates again Spanish economic slump
Japanese Yen is keeping growing against USD and
in the meantime USD essays to break up this trend.
Today during the European session USD goes up against all major currencies;
EURO/USD has not shown special reaction to the data published according to the PMI index.
It was one of the lowest week closings of USD/YEN and it proves the possibility of downside movement next months too.
GBP/USD is strengthening; the support level of the pair is 1.5115.
EURO continues
to stay above 1.25.
Strong YEN on
US fear for double
dip recession
High volatility in
stock and currency
markets