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Oil dips as euro-zone concerns resurface

posted by fahrell 729 days ago in EUR, Oil made popular 729 days ago

Oil prices fell on Friday after an upwards drive was reversed by renewed concerns about the health of Europe’s economy.

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Dollar and Euro Gain Against The Yen

posted by fahrell 730 days ago in USD, EUR made popular 730 days ago

The Euro and U.S. dollar gained against the Japanese Yen early Monday (see the charts below).

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U.S. to benefit from flight to safety

posted by fahrell 732 days ago in USD, EUR, Trade made popular 732 days ago

Safe-haven flows to the United States triggered by concerns about the euro zone debt crisis will be beneficial for the United States, St. Louis Federal Reserve President James Bullard said on Tuesday.

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Euro slips back in Asia

posted by fahrell 734 days ago in EUR

Having seen the Euro rally strongly late last week and post its first weekly gain in six it would be tempting to think that the single currency has found some sort of base after the declines of the past few months.

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AUD Falls on Europe’s Debt Crisis

posted by fahrell 734 days ago in USD, AUD, Trade made popular 734 days ago

The Australian and New Zealand currencies slid for the sixth time in seven days against the dollar on concern Europe’s debt crisis will spread.

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Euro Jitters: Weekend Reading

posted by fahrell 734 days ago in EUR, Weekly made popular 734 days ago

Good Sunday afternoon, and welcome to another edition of Weekend Reading. First a look back the week that just finished, then a look forward to the week ahead and, lastly, a summary of articles and papers worth reading.

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Oil bears emerge amid euro fears

posted by fahrell 735 days ago in EUR, Oil made popular 735 days ago

For the second time in two years, oil price bears have emerged from their dens to push crude sharply lower. By dropping more than 20 per cent from an 18-month high reached this month, crude officially entered bear territory last week.

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Euro edges higher, but long-term concerns persist

posted by fahrell 737 days ago in EUR made popular 737 days ago

Asian stock markets slid on Friday as worries about the euro zone and the flare-up in market volatility prompted investors to sell shares and keep cash until calm returns.

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Oil prices fall to 10-mth lows

posted by fahrell 737 days ago in EUR, Oil, Consumer made popular 737 days ago

OIL prices dived on Thursday to nearly 10-month lows as stock markets slumped on Euro zone debt concerns and surprise worsening jobs data in the United States, the world's biggest energy consumer.

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Oil prices continue to slide

posted by fahrell 739 days ago in USD, Oil made popular 738 days ago

It looked for a while on Tuesday that the two-week slide in oil prices that dragged crude down to its lowest price of the year would end. It didn't. Benchmark crude for June delivery fell 54 cents to settle at $69.41 a barrel on the New York Merc

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Euro is not under attack, says ECB president

posted by fahrell 742 days ago in EUR made popular 742 days ago

The euro is not under attack, European Central Bank (ECB) President Jean-Claude Trichet was quoted yesterday as saying, despite its fall to an 18-month low against the dollar.

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USD strengthens vs rupee

posted by fahrell 743 days ago in USD made popular 743 days ago

The dollar gained strength against the rupee in the interbank market, dealers said on Friday. The dollar started the day’s trading at Rs 84.16 for buying, gained eight paisas and closed at Rs 84.24 for buying and Rs 84.29 for selling.

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