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News in 60 Seconds: China drops the yuan peg to the dollar!

Rating: 1 votes, 5.00 average.
by , 06-21-2010 at 12:34 PM (1332 Views)
China drops the yuan's peg to the dollar: DailyFX - China Weekly 06.21

Biggest % gainers: AUD/JPY up 1.29%, NZD/JPY up 1.23%, CAD/JPY, USD/JPY on JPY weakness & commodity dollar strength.

Biggest % losers: GBP/AUD down 1.46%, EUR/AUD, EUR/NZD, EUR/USD, EUR/CAD, EUR/GBP on EUR weakness and commodity dollar strength.

Gold $1,257
Oil $78.75

EUR Trichet speaks before the European Parliament today at 10?30am EST.

CHF SNB Chairman Hildebrand speaks at the Swiss American Chamber of Commerce in Zurich today at 12 noon EST.

Stocks open up higher...

Sean Hyman
DailyFX Forum Moderator

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