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NZ dollar strengthens
The New Zealand dollar strengthened overnight even as market anxiety rose and investor risk appetite wobbled. By 8am the NZ dollar was buying US69.79c, having ranged between about US69.30c and US70c overnight. BNZ strategist Mike Jones said globa
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Euro Declines on Europe Debt, Global Growth Slowdown Concern
The euro fell against the dollar and the yen as most U.S. stocks declined amid concern that Europe’s debt crisis will damp investor appetite for riskier assets.
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Video: Euro Stalls, Pound Slides Late, US Output Data Strong
Today’s session started with risk aversion as the risk premium on Spanish bonds rose on rumors that Spain may have to ask for aid from the EU or IMF. A positive report from the US manufacturing sector helped bring back risk appetite with “risk-on
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Main Factors Which Influence Forex Market
As the goods on the FOREX market is currency so the ‘quality’ of the goods is determined by the state of the economy of the host country. From changes in the economy in better or worse depends the rate of national currency against foreign currenc
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Consumer data boost dollar vs yen; euro halts gains
Euro falls against dollar, ending three-day rally * Japan s PM warns on public debt, default risks * Sterling tumbles after weak industrial output data
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EUR/USD moves away from daily lows
EUR/USD moves away from daily lows Forexrazor High-Risk Warning Forex , Futures, and Options trading has large potential rewards, but also large potential risks.
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Oil prices slip on US growth worries
Oil prices retreated on Friday after a plunge in US retail sales triggered fears about the pace of economic recovery in the world's largest energy-consuming nation
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US Dollar even as euro rally stalls
The US dollar limited recent losses against the euro on Friday, pausing a three-day rise for the single currency. The euro traded at $US1.2112 by 2300 GMT (0900 AEST) in New York trade, the same level as a day before.
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$80 oil price 'is good for investment'
A price range for oil of $70-80 per barrel was acceptable and good for maintaining investments, he said on the sidelines of a conference in Beijing yesterday, adding that oil prices were reacting to other factors such as euro zone financial troub
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Euro to hit dollar parity in 2011, if still exists
The euro is set to sink to parity with the dollar in 2011 because of the slow pace of economic recovery in Europe, if it has not broken up by then, a consultancy predicted Friday.
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Binary Options Analysis – The Dollar Slides
Oil rose for a third straight session for the first time in more than a month. Oil gained $1.52 and closed at $75.48 a barrel. Gold was down for a third straight session, losing more than $10 an ounce to close at 1,222.20. The U.S Treasury sold $
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Forex reserves dip
HONG Kong's official foreign currency reserve assets fell to US$256.2 billion in May, down US$3 billion from April, its monetary authority said yesterday.


