Forex Markets .MOBI

Wealthy Dallas brothers become SEC fraud target
(AP)

AP – Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip.

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Wealthy Dallas brothers become SEC fraud target
(AP)

AP – Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip.

Source

Stocks are mixed but had best month since July ‘09
(AP)

AP – WHAT A MONTH: The Dow Jones industrial average and Standard & Poor’s had their best month since July 2009 and their first winning month since this past April. Strong earnings were behind the big gains.

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Stocks end July with big gain; Dow gains 7.1 pct
(AP)

AP – Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year.

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Dollar Ends Flat As Strong Manufacturing and Consumer Sentiment Data Offset Slower Pace of Growth From DailyFX

• Dollar Ends Flat As Strong Manufacturing and Consumer Sentiment Data Offset Slower Pace of Growth

• Euro to Face Whipsaw Price Action Ahead of ECB Rate Decision

• British Pound Ends the Week as the Second Best Performing G10 Currency Against U.S. Dollar

• Canadian Dollar Remains Bounded by Narrow Range as GDP Expands in May

• Japanese Yen Extends Rally as Traders Seek Flight to Safety

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Euro, British Pound Lose Ground as Market Sentiment Falters, U.S. 2Q GDP on Tap From DailyFX

The Euro pulled back on Friday and slipped to a low of 1.2980 during the overnight trade as investors scaled back their appetite for risk, and the shift in mark sentiment could lead the EUR/USD to retrace the advance from earlier this week as the economic docket is expected to show the world’s largest economy expanding at a slower pace in the second quarter.

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Crude Oil Rises on Bargain Buying, Gold’s Fate In the Hands of Investors From DailyFX

A very interesting week with regard to commodities saw crude oil inventories surge to levels just shy of 10-year highs and gold ETF holdings plummet 500,000 troy ounces. Nevertheless, the near-term outlook for both commodities is highly uncertain.

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Japanese Yen Poised to Extend Gains as Risk Aversion Continues From DailyFX

The Japanese Yen outperformed overnight as carry trades followed stocks lower after a round of disappointing economic data. Equity index futures are sharply lower, hinting more of the same is ahead in European hours.

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