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Dollar Rises on Speculation Oil Decline to Support U.S.

posted by MarcB 1371 days ago in USD, Oil made popular 1370 days ago

The dollar rose for a second day against the euro on speculation a drop in oil prices will support growth in the world's largest consumer of the fuel.

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BoJ Minutes: Downside Risks Increase For Economy

posted by MarcB 1373 days ago in JPY, GDP made popular 1373 days ago

The Bank of Japan's board of governors agreed that the U.S. economic slowdown and heightened instability in equities markets have increased the downside risks to Japan's economy, monetary policy meeting minutes from July 14 and 15 revealed on Fri

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Central Bankers at Retreat May See Few Options to Fix Econom

posted by MarcB 1373 days ago in USD, Fundamental made popular 1373 days ago

The world's top central bankers gather at their annual U.S. mountainside symposium today with a sense there's not much more they can do to repair credit markets and rescue the global economy.

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UK Retail Sales Unexpectedly Recover In July

posted by MarcB 1374 days ago in GBP, Fundamental, Retail Sales

UK retail sales recovered unexpectedly in July from June, official data showed Thursday.

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Yen Rises as Credit-Market Losses Damp Demand for Higher Yie

posted by MarcB 1374 days ago in JPY, Sentiment, Inflation

The yen rose to the highest level in three months against the euro on concern credit-market losses are widening, reducing demand for higher-yielding assets funded by loans in Japan.

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Oil Rises Above $116, Goldman Sticks to View

posted by MarcB 1375 days ago in USD, Oil made popular 1375 days ago

Oil prices rose on Wednesday ahead of U.S. oil data, which was likely to show a drop in gasoline inventories, and as Wall Street heavyweight Goldman Sachs reiterated its view of strong fundamentals.

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Euro Declines as German Ministry Says Economy Deteriorates

posted by MarcB 1375 days ago in USD, EUR, GDP made popular 1375 days ago

The euro fell against the dollar to near the lowest level in six months as Germany's Economy Ministry said the outlook for Europe's largest economy has deteriorated even beyond the second quarter.

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Eurozone Trade Records Deficit For Second Straight Month In

posted by MarcB 1377 days ago in EUR, Fundamental, Trade made popular 1377 days ago

The Eurozone trade balance showed a deficit in June for the second straight month, but the gap narrowed from the previous month.

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Australian, N.Z. Dollars Gain as Fed May Delay Raising Rates

posted by MarcB 1377 days ago in USD, AUD, NZD made popular 1377 days ago

The Australian and New Zealand dollars rose on speculation the Federal Reserve will delay raising interest rates, maintaining the South Pacific nations' yield advantage over the U.S.

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Oil Falls on Speculation US Consumption Decline Will Spread

posted by MarcB 1381 days ago in USD, Oil made popular 1381 days ago

Crude oil fell on speculation that fuel-consumption declines in the U.S. will spread to other countries as their economies slow.

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Australian, N.Z. Dollars Strengthen as Commodity Prices rise

posted by MarcB 1381 days ago in AUD, NZD, Gold made popular 1381 days ago

The Australian and New Zealand dollars gained as prices of the commodities the two nations export increased and technical charts showed the currencies' recent losses have been overdone.

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Yen Rises to 12-Week High Against Euro as Carry Trades Pared

posted by MarcB 1382 days ago in EUR, JPY, Sentiment made popular 1382 days ago

The yen rose to a 12-week high against the euro and its strongest in two months versus the British pound as Japanese investors cut bets on higher-yielding assets abroad.

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