Euro Gains as ECB Meeting Looms
June 19, 2011 by admin
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Ahead of today’s policy setting meeting of the European Central Bank, the common currency managed to recoup earlier losses against the U.S. Dollar. Source: DailyForex News
Japanese Yen Gains Broadly on Risk Aversion Following Bernanke Speech
June 9, 2011 by admin
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Following yesterday’s speech to the IMF Conference in Atlanta whereat Ben Bernanke, Chairman of the U.S. Federal Reserve Bank told the crowd that no further stimulus would be forthcoming after the cessation of the current bond purchase program, the U.S. Dollar slipped against the Japanese Yen. In Tokyo trading, as reported at 1:49 p.m. (JST), [...]
Forex – USD/CAD eases up as crude oil pares gains in choppy trade
June 3, 2011 by admin
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Forex – USD/CAD eases up as crude oil pares gains in choppy trade Forex Pros – The U.S. dollar was slightly higher against its Canadian counterpart on Wednesday, as crude oil, Canada’s largest export, pared gains in volatile trade, following the release of Read more on Nasdaq
Euro Gains Support from Commodities and China Interest
June 1, 2011 by admin
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The common currency gained against the U.S. Dollar in Asian trading aided by a rise in commodity prices and a the recent release of a report that the Chinese central bank is considering buying Portuguese bailout bonds. Source: DailyForex News
With US and UK Markets Closed, Euro Gives Back Some Gains in Quiet Trading Day
May 31, 2011 by admin
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As market players moved to cover short positions in the U.S. Dollar following last week’s slide, the common currency Euro slipped in Asian trading though managing to hold onto most of Friday’s gains. Source: DailyForex News
Euro Extends Gains as Commodities Stabilize
May 27, 2011 by admin
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The common currency Euro continued to extend its recovery from this week’s earlier struck 7-week low against the U.S. Dollar, which is coming under heavy sell pressure as commodity prices appear to be stabilizing. Source: DailyForex News
Euro Gains Broadly Ahead of Eurozone GDP Report
May 13, 2011 by admin
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In Asian trading today, the Euro rose against the U.S. Dollar, up off a 3-week low as growth projections eclipse investor concern of a worsening debt crisis. Source: DailyForex News
Euro Holds Onto Gains as Commodities Steady
May 12, 2011 by admin
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With commodity prices beginning to stabilize, the Euro has been holding tight to recent gains during Asian trade. Source: DailyForex News
U.S. Dollar Gains Broadly on Economic Positive Data
January 6, 2011 by admin
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With evidence suggesting that the United States is finally on the path to sustainable economic recovery, the U.S. Dollar held firm against major currencies in Asian trading today. Source: DailyForex News
As Ireland Considers Options, Euro Gains Support
November 19, 2010 by admin
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The common currency Euro backed off of recent losses, gaining on the U.S. Dollar in Asian trading as Eurozone officials report that Dublin appears ready to work out a plan to rescue their ailing economy. Source: DailyForex News
