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USD slips vs. Euro as Greek rescue hopes rise

posted by jerome 837 days ago in USD made popular 837 days ago

A Feb. 9 currencies report incorrectly stated the date of U.S. Federal Reserve Chairman Ben Bernanke's congressional testimony. Bernanke is scheduled to testify Wednesday.

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Japan Dec current account balance +452.8 pct y/y

posted by jerome 839 days ago in JPY, GDP made popular 839 days ago

Japan's current account surplus rose 452.8 percent in December from a year earlier, Ministry of Finance data showed on Monday, reflecting a pickup in exports led by demand from Asia.

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USD Rises on Euro Fears

posted by jerome 840 days ago in USD, EUR, Trade made popular 840 days ago

The three are attempting to impose debt control plans, under pressure from the European Union, but investors remain skeptical. The stronger nations end bearing the burden of budget deficits on the currency.

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CAD declines as crude, stocks slide before payrolls

posted by jerome 840 days ago in CAD, Oil, Employment

Canada‘s dollar dropped the most in more than a week as a United States report showing an unexpected increase in unemployment insurance claims pushed crude oil and stocks lower, reducing the appeal of currencies tied to growth, Bloomberg reported

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Loonie rises after better-than-forecast job gains

posted by jerome 841 days ago in USD, CAD, Employment made popular 841 days ago

The Canadian dollar shot higher against the U.S. currency Friday, while short-dated government bond prices turned lower, after Canadian jobs data came in almost three times expectations.

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Global Oil Demand to Return to Growth in 2010

posted by jerome 843 days ago in USD, Oil made popular 843 days ago

Global oil demand will return to growth this year and prices will average between $70 and $80 a barrel, China National Petroleum Corp.’s research unit said in a statement today.

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EUR/USD slips back a little

posted by jerome 843 days ago in USD, EUR made popular 843 days ago

EUR/USD sits at 1.4013 having earlier topped out at 1.4026 amid talk of hedge fund sales. Did the Giant Panda turn up as expected? I don’t rightly know possums. The anticipation of such was probably enough. I’d hazard a guess the Asian sovereign

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CAD Rises From Six-Week Low as Equities, Oil Gain

posted by jerome 845 days ago in CAD, Oil

Canada’s dollar climbed from a six- week low versus its U.S. counterpart as equities and crude oil advanced, making currencies linked to economic growth more attractive to investors. Government bonds dropped.

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Rising rates hit new home sales

posted by jerome 846 days ago in AUD, Inflation, Housing made popular 846 days ago

RISING interest rates and a reduction in Government subsidies caused new homes sales to fall in December, a leading housing industry body says.

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Roubini calls US growth “dismal and poor,” predicts slowing

posted by jerome 847 days ago in USD made popular 847 days ago

Nouriel Roubini, who anticipated the financial crisis, calls the fourth quarter surge in U.S. economic growth “very dismal and poor” because it relied on temporary factors.

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North’s house price rise beats the national average

posted by jerome 847 days ago in GBP, Housing made popular 847 days ago

The imbalance between supply and demand pushed the value of property up for the ninth month in a row, meaning the average UK home cost £163,481 – 8.6% more than in January 2009.

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Global bank windown fund idea gaining steam

posted by jerome 847 days ago in USD made popular 847 days ago

President Obama’s specific bank reform ideas were met coolly in Davos this week but the idea of resolution funds to offset bank failures seems to be getting traction. To be effective and to keep firms from moving from one domicile to another, the

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