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Debt-Ceiling Deal Doesn't Lift the Dollar

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Published: Monday, 1 Aug 2011 | 9:15 AM ET
Kelley Holland By: | News Writer

Pffffft! Even a deal on the debt ceiling only lifts the dollar briefly - it's time for your FX Fix.

Debt deal? Big deal, say traders. The dollar failed to hold onto its initial gains after the debt-agreement news. [RTT]

The Swiss franc and yen are still in demand thanks to uncertainty about the deal. [WSJ]

The euro got a lift from the deal, but traders aren't sure it will last. [WSJ]

Strong Chinese manufacturing data, along with the debt deal lift the Australian and New Zealand dollars. [dailyfx.com]

In Britain, the manufacturing data disappointed, and the British pound is giving up gains against the dollar. [forexpros.com]

Multi Currencies v the Dollar

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Pffffft! Even a deal on the debt ceiling only lifts the dollar briefly - it's time for your FX Fix.

   
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