Many heads of cancer in Latin America, Chavez said, or with the U.S.

Many heads of cancer in Latin America, Chavez said, or with the U.S.


In Argentina, President Cristina was diagnosed with thyroid cancer a day after Venezuelan President Hugo Chavez on December 28, said he suspected that five leaders of the Latin American left or the United States with cancer related.

Latin American leaders to lay violent hands on?

In addition to Chavez and Christina, cancer of the Latin American leaders in recent years there Paraguay President Fernando Lugo, the current President and former President of Brazil Lula.

Chavez in a speech on the military, said he did not want "to accuse other people for no reason," but some "very strange" things so that he had doubts. "Will not be able to induce the United States invented a technique of people suffering from cancer, while others do not know?"

1940s, U.S. researchers in the study without the knowledge or without permit, willfully causing hundreds of Guatemala and the mentally ill inmates infected with gonorrhea and syphilis. President of Guatemala known as the "crime against humanity." U.S. President Barack Obama on the incident in October last year apologized to Guatemala.

Chavez on a number of leaders raised questions about the time of cancer diagnosis: Rosoff is being diagnosed in the presidential campaign, and the year before the election, Chavez was diagnosed with cancer. Chavez had previously accused the U.S. government conspired to let him step down.

Or increase demand for renminbi business by the end of

Or increase demand for renminbi business by the end of

China's yuan rose slightly against the U.S. dollar late Thursday as companies raised yuan cash for year-end finance and accounting settlements, traders said. On the over-the-counter market, the dollar was at CNY6.3192 around 0830 GMT, down from CNY6.3212 late Wednesday. It traded between CNY6.3173 and CNY6.3256. The People's Bank of China fixed the dollar/yuan central parity rate at 6.3157, up a tad from Thursday's 6.3146 on the back of a stronger dollar overseas. Offshore, the yuan fell against the dollar in both the nondeliverable forward and spot markets amid strong dollar demand for year-end window dressing. One-year dollar-yuan nondeliverable forwards rose to 6.3960/6.4000 from 6.3870/6.3920 late Wednesday, implying a 1.2% fall in the yuan against the U.S. currency over the next year. In the offshore yuan market in Hong Kong, where the Chinese currency floats freely, the dollar-yuan exchange rate was at 6.3440 compared to 6.3305 late Wednesday.

Adverse rising oil prices on Canadian dollar

Adverse rising oil prices on Canadian dollar

in lower range. Undermined by dissipating investor risk aversion, firmer oil prices. But USD/CAD losses tempered by worries over euro-zone financial crisis; positions adjustment before long weekend and New Year holidays. USD/CAD daily chart negative-biased as MACD & stochastics in bearish mode. Support at 1.0178 (hourly chart), then at 1.0122 (Wednesday's low, near 100-day moving average); breach would expose downside to 1.0049 (Dec. 8 low), then 0.9888 (Oct. 27 reaction low). Resistance at 1.0268 (yesterday's high), then at 1.0280 (Dec. 22 high) and 1.0308 (Dec. 21 high); breach would expose upside to 1.0387 (Dec. 20 high), then 1.0414-1.0423 band (Dec. 19 high-Dec. 14 high), 1.0468 (Nov. 28 high), 1.0523 (Nov. 25 reaction high) and 1.0571 (Oct. 5 high).

GBP/USD rise or small

GBP/USD rise or small

after hitting nearly 3-month low of 1.5360 yesterday. Supported by subdued investor risk aversion. But GBP/USD topside limited by GBP sales on buoyant EUR/GBP cross; worries over euro-zone financial crisis; positions adjustment before long weekend and New Year holidays. Daily chart still negative-biased as MACD & stochastics in bearish mode; 5- & 15-day moving averages falling. Support at 1.5360 (yesterday's low); breach would expose downside to 1.5270 (Oct. 6 swing low), then 1.5123 (July 21, 2010 low), psychological 1.5000 line and 1.4946 (July 12, 2010 low). Resistance at 1.5475 (yesterday's high), then at 1.5563 (hourly chart) and 1.5690 (Wednesday's high); breach would target 1.5707 (Dec. 23 high), then 1.5727 (Dec. 22 high), 1.5773-1.5779 band (Dec. 21 high-Nov. 30 high) and 1.5818 (100-day moving average).

Japanese yen trading to reduce holiday

Japanese yen trading to reduce holiday

in lower range. Market activity light as more traders close their books for the year; Japan businesses and government offices closed for holiday today. USD/JPY weighed by broadly weaker USD undertone as investor risk aversion subsides as encouraging U.S. economic data outweigh European debt worries - U.S. pending home sales index rose more-than-expected 7.1% in November to 19-month high of 100.1; Chicago Business Barometer fell less than expected to 62.5 in December from 62.6 in November; latest U.S. weekly jobless claims rose by 15,000 to 381,000, but still below the key 400,000 level, signaling labor-market improvement. USD/JPY also weighed by buy-yen orders from Japan exporters. But USD/JPY downside limited by sell-yen orders from Japan importers, yen-funded carry trades as investor risk appetite improves; positions adjustment before long weekend and New Year holidays. Yen crosses vulnerable to 0230 GMT December HSBC China manufacturing PMI. Other data: 2315 GMT Japan December manufacturing PMI, 1330 GMT U.S. December ISM-NY business index. USD/JPY daily chart negative-biased as stochastics falling from overbought, MACD turned bearish; 5-day moving average staged bearish crossover against 15-day MA. Support at 77.56-77.49 band (Wednesday's low-Dec. 9 low, near 55-day moving average); breach would expose downside to 77.13 (Dec. 8 low, near 100-day moving average), then 77.00-76.92 band (Nov. 24 low-Nov. 23 low), 76.83-76.73 band (Nov. 22 low-Nov. 21 low) and 76.57 (Nov. 18 reaction low). Resistance at 77.99-78.10 band (yesterday's high-Monday's high), then at 78.23-78.29 band (Dec. 23 high-Nov. 29 high); breach would target 78.41 (Nov. 2 high), then 78.95 (200-day moving average) and 79.55 (Oct. 31 high).

Market risk appetite, enhance the euro

Market risk appetite, enhance the euro

in higher range after hitting 15-month low of 1.2858 on EBS yesterday. EUR/USD supported by improved risk sentiment, sovereign demand for euro. But EUR/USD topside limited by European sovereign debt worries - Italian government yesterday raised EUR7 billion from 3- and 10-year bond sales, falling short of the heavily indebted country's maximum allotment of EUR8.5 billion; funding difficulties of euro-zone banks as wariness persists over counter-party risks in inter-bank market; expectations that ratings firms will downgrade European sovereign debt; fears of euro-zone recession; positions adjustment before long weekend and New Year holidays. Data focus: 0830 GMT November EuroCOIN indicator of euro area economic activity. EUR/USD daily chart mixed as stochastics bearish at oversold; 5- & 15-day moving averages falling; but bullish hammer candlestick pattern completed yesterday. Resistance at 1.2995 (hourly chart), then at 1.3080-1.3084 band (Wednesday's high-Tuesday's high) and 1.3095 (Dec. 23 high); breach would expose upside to 1.3120 (Dec. 22 high), then 1.3199 (Dec. 21 high), 1.3212 (previous base set Nov. 25), 1.3237 (Dec. 13 high) and 1.3388 (Dec. 12 high). Support at 1.2858 (yesterday's low); breach would expose downside to 1.2642 (Sept. 10, 2010 low), then 1.2625 (Aug. 31, 2010 low) and 1.2588 (Aug. 24, 2010 swing low).

U.S. economic data raise the dollar rose

U.S. economic data raise the dollar rose

Italy's mixed debt auction sent the euro tumbling to a 15-month low against the dollar Thursday, but the currency rebounded after encouraging U.S. data spurred an appetite for risk. Late Thursday, the euro was at $1.2960 from $1.2941 late Wednesday, according to EBS via CQG. The dollar was at Y77.62 from Y77.96.

German Economy Could Grow 0.4% In 2012, Says Adviser

The German economy will grow about 0.4% next year if the euro-zone debt crisis can be "contained rapidly," a member of the government's council of economic advisers is quoted as saying Thursday by newspaper Bild.
However, if the crisis leads to a stagnation of world trade, the German economy could shrink 0.5%, with unemployment likely to rise, economist Beatrice Weder di Mauro is quoted as saying.
In early November, the council had forecast 0.9% growth for the German economy in 2012.
A breakup of the monetary union next year can't be ruled out, Weder di Mauro says, adding that the efforts of political leaders to contain the crisis have been insufficient.
If the monetary union can be stabilized through a debt reduction agreement, taxpayers won't have to bear significant losses, Weder di Mauro says. If not, the resulting costs and consequences will be "incalculable."
Weder di Mauro calls for insolvency rules to be imposed for overly indebted euro-zone countries, according to Bild.
The other countries should commit to reducing their debt and repairing government budgets. Public debt could fall below 60% of gross domestic product within 20 years in all countries of the monetary union if interest rates are lowered temporarily to a "realistic" level by mutual guarantees, she is quoted as saying.

USD/RMB Turns Lower; 6.3150 Support

USD/RMB Turns Lower; 6.3150 Support

The USD/CNY turns lower in late Asia trade as corporate clients seek to accumulate a sufficient yuan liquidity pool before the end of the year. The pair is at 6.3181 after hitting the day's high at 6.3256 vs 6.3212 late Wednesday in Asia. Support is tipped at 6.3150 for the rest of the session, says a Shanghai-based European bank trader. "Companies are selling dollars for year-end finance and accounting purposes," driving the yuan higher. The central parity was set at 6.3157 vs Wednesday's 6.3146. One-year USD/CNY NDFs are quoted at 6.3955/6.4055 from 6.3870/6.3910 late Wednesday.

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