Monday, July 19, 2010

FOREXYARD Daily forex analysis on 19 July 2010

Headlines
Dollar Declines to 2010 Low Against Yen
The U.S currency dropped to its weakest level in 2010 against the Japanese Yen as signs the U.S. economic recovery is losing momentum supported speculation that the Federal Reserve will keep borrowing costs low for the rest of the year. The USD also declined versus the EUR for the first time since May as a gauge of U.S. consumer confidence

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