3 votes
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GBP Falls, Bonds Advance on U.K. Rate Outlook, Risk Aversion
The pound fell against the dollar for a fourth week after the Bank of England downplayed the threat of inflation, fueling speculation U.K. interest rates will stay low as politicians struggle to reduce the budget deficit.
6 votes
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U.S. firms see modest health cost hike post-reform
Many employers expect to see a slight increase in costs as they work to implement U.S. healthcare reforms for 2011, but nearly one-third are still struggling to figure out what the impact will be, according to a survey released on Thursday.
4 votes
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Debt advice for employees should be provided by employers
Employers have been urged do more to help staff with money problems after a debt charity reported a sharp rise in calls to its helpline.
3 votes
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Currency Trading Broker Tips and Tricks
There are such a lot of foreign exchange trading broker corporations advertising their services on the internet, in mags and on the T.V., how does one know which one to choose? Currency exchange brokerage services can be a complicated business an
12 votes
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Euro sinks near 4-year low against dollar
The euro sank to near a four-year low against the dollar on Friday on renewed worries over the European debt crisis. The stronger dollar could spell trouble for a U.S. economy still recovering from a deep recession.
8 votes
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US jobs data, stronger dollar send crude prices lower
Crude oil prices were lower in afternoon trade in New York Thursday, hurt by a stronger dollar in relation to the euro, and by US inventories that were higher last week for the fourteenth out of fifteen consecutive weeks.
8 votes
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US trade deficit widens to record one-year high
The trade deficit in the US widened in March to the highest level in more than a year as the cost of imported oil climbed and companies restocked shelves with goods bought abroad.
14 votes
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Euro slips on EU debt woes
The euro slipped on Wednesday on nagging worries about festering euro zone debt problems despite a $1 trillion rescue package unveiled this week, which fuelled a short-lived rally in global stocks.
9 votes
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Aussie, NZ dlrs hemmed in by euro worries, bonds fall
Australian and New Zealand dollars edged down on Wednesday as growth-sensitive currencies struggled on lingering investor concerns about the impact of Europe's rescue plans on debt-stricken countries.
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New Zealand shows some bounce
As a result, New Zealand might soon as fourth advanced economy (after Australia, Israel and Norway), soon start raising short-term interest rates, currently at 2.5%. If that happens, the attractiveness of the New Zealand dollar as a target curren
3 votes
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Gold rises toward record on flight from risk
Gold rallied on Friday to near a record high, posting its biggest three-week gain since November as investors cut exposure to risks stemming from Greece’s debt crisis and tumbling global stock markets.
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Japanese have a yen to spend more
When the latest outlet of high street fashion brand Forever 21 opened in Tokyo's Ginza shopping district on Thursday last week, hundreds of young women thronged the store.


