Monday, June 14, 2010

FOREXYARD Daily forex analysis on 14 June 2010

Headlines
Dollar Dives on Short-Covering and BIS Report
The US dollar appears to have lost modest ground against its primary currency rivals during short-covering at the end of last week's trading. The Bank for International Settlements (BIS) released a statement on Sunday declaring that while European banks have lowered their reliance on dollar-based assets, there is still a strong need to

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