Monday 23 June 2014

The dollar fell for the first time in three days!

1) The dollar fell for the first time in three days versus the yen before data this week economists said will show U.S. output and new home sales slowed, supporting the case for the Federal Reserve to hold rates near zero.
http://www.rrfinance.com/Reserch/ResearchHome.aspx

2) The pound was 0.2 percent from the highest level in more than five years against the dollar as data showed speculators increased their bets on its appreciation to the most since 2007.

3) The rupee fell toward a seven-week low on concern a rally in oil prices amid tensions in Iraq will widen India’s trade deficit and spur inflation.

Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

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