Archive for the Forex Markets Category
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Eurozone inflation hits 20-month high (at Financial Times)
Eurozone inflation has risen to a 20-month high while unemployment in the 16-country region has stabilised at 10 per cent of the workforce, but the European Central Bank is still expected at next week s interest rate setting meeting to sit firmly on
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Dollar sinks to 8-month low vs yen as growth slows (AP)
Weakening U.S. economic growth and worried comments from Federal Reserve officials drove the dollar to an 8-month low Friday against the Japanese yen.
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Currencies: Dollar higher after U.S. GDP, confidence data (at MarketWatch)
The U.S. dollar held onto gains as investors wariness of riskier assets fuels demand for the relative safety of the U.S. dollar.
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Treasurys, dollar up after confidence data (at MarketWatch)
Treasury prices and the dollar stayed higher on Friday after the Reuters/University of Michigan index of consumer sentiment was revised to 67.8 in July. A separate report showed manufacturing activity in the Chicago region came in better than expecte
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FOREX-Dollar under pressure before U.S. GDP (at Reuters)
* Dollar hits 8-month low of 86.17 yen on EBS * Traders look to U.S. Q2 GDP to slow * Dollar also hits 6-month low vs Swiss franc
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Eurozone inflation jumps to 1.7 percent in July (AP)
Inflation in the 16 countries that use the euro is steadily climbing towards the European Central Bank s target while unemployment remains stubbornly high at 10 percent, official figures showed Friday.
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EADS net income drops, ups guidance (at MarketWatch)
EADS said Friday that its first-half net income declined to 185 million euros, from 378 million euros in the year-ago period. Exchange rate movements hit reported earnings before interest and tax by around 550 million euros compared to a year ago.
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Dollar falls to 8-mth low vs yen (at Reuters)
The dollar fell to an 8-month low versus the yen on Friday as the U.S. currency stayed under sell pressure on caution ahead of U.S. GDP data to be released later in the day and on anticipated month-end selling.
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US Dollar Gains Hinted vs Pound, New Zealand Dollar (DailyFX)
EUR/USD: Selling Opportunity Ahead as Rally Clears 1.30 GBP/USD: Bearish Reversal Hinted at Channel Top USD/JPY: Remain Long as Prices Threaten Stop-Loss USD/CAD: Candles Hint Upswing Within Triangle Setup AUD/USD: Bulls Challenge Resistance Above 0.
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Dollar falls and European shares slip on U.S. fears (Reuters)
The dollar fell to an eight-month low against the yen on Friday while European and Asian shares slipped on worries U.S. growth data due later in the day may show the world s biggest economy is losing steam.
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