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$A dollar higher at noon, bonds weaker

posted by Cittiperth 1068 days ago in AUD

The Australian dollar had drifted higher at noon, as the US dollar declined and investors positioned themselves ahead of the US Federal Reserve's interest rate meeting.

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Dollar sits on losses ahead of Fed, yen loses ground

posted by Ving 1068 days ago in USD, JPY made popular 1068 days ago

The dollar sat on steep losses on Wednesday, after tumbling sharply against the euro and other majors, as the market got set for the Federal Reserve to dampen expectations for higher interest rates.

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Yen Falls for 2nd Day Against Euro After Japan Exports Drop

posted by techiegirl 1068 days ago in JPY, Fundamental made popular 1068 days ago

The yen fell for a second day against the euro after a Japanese report showed exports declined at a faster pace last month, diminishing the appeal of the currency as a refuge from the global recession.

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NZ's consumer confidence rises in Q2 - survey

posted by dotcom 1068 days ago in NZD, Fundamental, Consumer made popular 1068 days ago

New Zealand consumer confidence rose to an 18-month high in the second quarter, a survey showed on Wednesday, pointing to a gradual recovery in spending amid an improving global economic outlook

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Slower rate of EU decline boosts hopes of recovery

posted by post-it 1068 days ago in EUR, Fundamental, Manufacturing made popular 1068 days ago

Europe's manufacturing and service industries contracted at the slowest pace in nine months in June, adding to signs the recession is bottoming out.

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Australian Dollar higher at noon

posted by blitz 1068 days ago in AUD, Fundamental made popular 1068 days ago

THE dollar had drifted higher at noon, as the US dollar declined and investors positioned themselves ahead of the US Federal Reserve's interest rate meeting.

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Gold May Advance as Dollar Drop Increases Investment Demand

posted by stephenie 1068 days ago in Gold made popular 1068 days ago

Gold, little changed in early Asian trading, may rise as a weaker dollar revives demand for the precious metal as an alternative investment. Silver gained.

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Japan Export Slump Deepens, Casting Doubt on Recovery

posted by scorpio 1068 days ago in JPY, Fundamental made popular 1068 days ago

Japan’s export slump deepened in May, casting doubt on the nation’s growth prospects as the economy struggles to emerge from its worst postwar recession.

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Expect More Rate Cuts In Australia

posted by strawberry 1068 days ago in AUD, Fundamental, Inflation made popular 1068 days ago

In recent weeks the market has been increasingly pricing in expectations the next interest rate move by the Reserve Bank of Australia (RBA) will be to lift rates rather than cut them further, but in the view of TD Securities this is entirely the

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Yen Slides To Multi-day Lows Against Most Majors

posted by xjessicax 1068 days ago in JPY, Fundamental made popular 1068 days ago

The Japanese yen lost ground across the board in early Asian trading on Wednesday after a government report showed that Japan registered a sharply lower trade surplus for May compared to a year ago. The yen dropped to multi-day lows against most

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Home sales stabilizing; weak recovery seen

posted by chloegurl 1068 days ago in USD, Fundamental, Housing made popular 1068 days ago

Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery.

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US economy adapting quickly to new market conditions

posted by keiragabe 1068 days ago in USD, Fundamental made popular 1068 days ago

The US economy has responded a lot quicker to the changed global economic situation than its European allies, Schroders head of US equities Jonathan Armitage said.

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