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Japanese yen jumps to multi-day highs against most majors

posted by AnnJ 1138 days ago in JPY made popular 1138 days ago

The Japanese currency gained ground across the board on Wednesday morning in Asia and advanced to multi-day highs against most of them. The yen edged up to a 13-day high of 98.75 against the US dollar and 130.88 versus the euro by 5:05 pm ET, com

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NZ dollar slips to 6-day low against euro and greenback

posted by skushno 1138 days ago in USD, EUR, NZD made popular 1138 days ago

The New Zealand currency lost ground against its major opponents in early Asian trading on Wednesday. The kiwi fell to a weekly low of 57.43 against the Japanese yen and a 6-day low of 2.2838 versus the euro and 0.5812 against the greenback by 5:

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NZ dollar falls as investors get jitters

posted by pipSyGirl 1138 days ago in NZD made popular 1138 days ago

The New Zealand dollar continued to fall through the night, as the greenback and yen were boosted by safe-haven flows on investor caution about corporate earnings.

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Crude dips after US retail sales slip unexpectedly

posted by Alex 1138 days ago in USD, Oil, Retail Sales made popular 1138 days ago

Crude oil fell after a report showed that retail sales in the US, the world’s biggest energy-consuming country, unexpectedly declined in March.

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Gold eases on economic rebound hopes

posted by andes 1138 days ago in USD, Gold made popular 1138 days ago

Gold fell in New York on speculation that the US economy will rebound, eroding the appeal of the precious metal as an alternative asset. Silver was little changed.

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UK: Engineer Renishaw confirms 440 jobs will go

posted by posh 1138 days ago in GBP, Fundamental, Employment made popular 1138 days ago

Precision engineering firm Renishaw is to cut 440 jobs worldwide. The Gloucestershire-based firm said that 308 of the losses would be in the county, with another 12 at risk at other sites across the country.

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U.S. worker confidence in retirement hits new low

posted by butterscotch 1138 days ago in USD, Fundamental made popular 1138 days ago

The recession has driven confidence among U.S. workers in the prospect of a comfortable retirement to record lows, research showed on Tuesday.

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CAD: High-tech workers still in demand despite recession

posted by sassygirl 1138 days ago in CAD, Fundamental, Employment made popular 1138 days ago

Companies cutting costs in the downturn are increasingly turning to technology solutions to help create efficiencies, a trend that has bolstered the career prospects of anybody who specializes in the broad tech sector, resulting in cost savings f

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EURO Weekly Commentary 04/10/09

posted by butterscotch 1138 days ago in EUR, Weekly made popular 1138 days ago

The euro slid 2.6% against the US dollar this week as risk aversion climbed and data from the Euro Zone proved disappointing.

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Recession easing, financial stability needed: Feds

posted by zero 1138 days ago in USD, Fundamental made popular 1138 days ago

Federal Reserve chief Ben Bernanke said Tuesday that there were initial signs that the prolonged US recession may be easing but warned of the need for financial stability for full recovery.

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AUD Weekly Commentary 04/10/09

posted by posh 1138 days ago in AUD, Weekly made popular 1138 days ago

A surprise 25 basis point rate cut to 3.00% by the Reserve Bank of Australia on Tuesday allowed for the Australian dollar to end the week higher against the broadly supported US dollar this week.

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Obama's economic update a hedge to good news

posted by sassygirl 1138 days ago in USD, Retail Sales made popular 1138 days ago

President Barack Obama is proclaiming signs of economic progress but warning Americans that "by no means are we out of the woods."

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