FXstreet.com (C�rdoba) - Currencies tied to commodities are bouncing after China's GDP growth and inflation eased signaling a diminishing risk of economic overheating.
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KUALA LUMPUR, July 15 (Bernama) -- The ringgit was traded lower against the US dollar and other major currencies in early session Thursday. At 9.21am, the ringgit was at 3.2040/2070 to the US dollar compared with 3.1955/1985 at Wednesday's close.
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Forex market volatility expectations have dropped considerably through the past week of trade, pointing to smaller currency moves in the weeks ahead. Increasingly choppy price action serves as clear reminder that we have entered summer trading, and few currencies have shown any signs of breaking well-established ranges.
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* Euro rally stalls; resistance above $1.27 * High-yielders hold gains on improving outlook * Canada dollar surges on strong jobs data By Vivianne Rodrigues NEW YORK, July 9 - A rally that pushed the euro to its highest level in more than two months stalled on Friday and the currency fell due largely to technical factors as investors took profits before the weekend. The euro rose 1.3 percent ...
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