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Money & Markets - July 8th 2010 - Part Two

We take an in-depth look at the currency market -- why it is extremely volatile right now, why governments all over the world are devaluing their currencies, and how and why the currency market is driving the movements in all other markets. Featured guest Bryan Rich, editor of World Currency Alert and World Currency Options Alert, explains why China's move to revalue the yuan is actually a move to diversify away from the euro, and why the move will have little impact on the yuan's value against the dollar — and may actually fall against the dollar. Bryan also reveals which countries are the next dominoes to fall in the sovereign debt crisis and why the U.S. economy and the dollar will escape the sovereign debt crisis raging across Europe.
Length: 10:15

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