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Forex News: Dollar Continues Lackluster Performance Amid Disappointing U.S. Data

July 29th, 2010 Posted in Market Comments

• Euro Tumbles Against Most Major Currencies as Bank Lending Remains Tight, Euribor Pushes Higher
• British Pound Looks for Direction as Comments by Governor Mervyn King Raises Concerns of Stagflation
• Australian Dollar Dips Back Below 200-Day SMA as Traders Pare Bank Interest Rate Expectations
• Japanese Yen Rallies as Speculation for BoJ Intervention Subside
• New Zealand Dollar to Face Whipsaw Price Action Ahead of RBNZ Rate Decision

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