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| Week (Data for Tuesdays) 13 Week Index (Current) 13 Week Index (Previous) US Dollar 83 75 Euro 25 42 British Pound 67 92 Australian Dollar 0 0 NZ Dollar 83 100 Japanese Yen 8 0 Canadian Dollar 33 83 Swiss Franc 8 0 The COT Index is the . . . →Read More:Speculators Increase US dollar Long Positions Further reading
The late Walter Wriston,a former chief executive officer of what is now Citigroup Inc.,was noted for saying that countries don’t go bankrupt. Nations can default,of course,and many did so in the 1980s. Today’s European leaders and bankers could learn from those experiences. While countries don’t liquidate assets to pay off creditors, . . . →Read More:Europe’s Bust Debunks Citigroup Once Again:Brendan Moynihan  Leave a comment  Forex News  Chief Executive Officer,Citigroup Inc,Credit Default Swaps,Debt Crisis,Debt Problems,Deposit Insurance,Depositors,Emerging Market Countries,EUR,Euro 1,European Leaders,Financial Lifeline,Foreign Currencies,International Monetary Fund,Lesser Developed Countries,Reneged,Rollover Risk,Sovereign Debt,Sovereign Nation,Term Interest,Walter Wriston China Yangtze Power Co.,the nation’s biggest hydro dam operator,is in talks to buy a stake in OAO EuroSibEnergo as a key investor for the Russian utility’s planned initial share sale in Hong Kong,said three people familiar with the matter. The investment requires approval from the Chinese government,the people said,declining to . . . →Read More:China Yangtze Said in Talks to Take Stake in EuroSibEnergo as IPO Investor Leave a comment Forex News Asian Countries,Billionaire,China Beijing,China China,China Yangtze,Chinese Government,Domestic Projects,EUR,Far East,First Nine Months,Holding Company,Hydro Dam,Hydro Resources,Initial Share,Megawatts,Oleg Deripaska,Power Co,Power Plants,Power Projects,Salween River,Yangtze Power • Euro Selling Subsists through Correction in Risk Trends,Fundamental Gravity Increasing • British Pound Steady in the Face of GDP Figures that Hint at Trouble Ahead • Japanese Yen Pairs Nicely with Risk Trends as the Carry Influence Leverages Correlation • Australian Dollar’s Risk-based Rally Unencumbered by Disappointing Growth Data • Canadian Dollar:Is . . . →Read More:Dollar Steady in its Bullish Bearing Despite a notable Rally from the S&P 500 | |||||
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