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Dollar funding costs up on higher rate view
The interbank cost of borrowing three-month dollar funds was fixed higher on Friday, stalling recent falls to record lows, after the United States reported a much smaller-than-expected drop in May non-farm payrolls, news that pushed interest rate
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Euro vs Dollar - Daily Exchange Rate Chart 5th June 2009
Yesterday’s candle on the euro vs dollar daily chart has provided us with several interesting points to consider in our technical analysis for today, as we wait for the Non Farm Payroll numbers to be released later this afternoon in the US.
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EUR/USD: Daily Currency Analysis
The Euro rallied to levels above 1.42 against the dollar in early Europe on Thursday, but was unable to sustain the gains and dipped back towards the 1.4150 level ahead of the European interest rate decisions.
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USD jumps as US jobs data sends hopeful signals
The dollar leapt against the major currencies Friday, regaining some of its losses from this week as jobs data from the U.S. showed a jump in the unemployment rate but indicated a deceleration in layoffs.
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US dollar mixed in Europe
The U.S. dollar was mixed against other major currencies in European trading Friday morning. Gold rose.
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U.S. dollar up on Taipei FOREX
The U.S. dollar gained against the New Taiwan dollar on the Taipei Foreign Exchange Friday, increasing NT$0.010 to close at NT$32.607.
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Oil prices rebound above $67
Oil prices recovered yesterday after plunging a day earlier on a surprise jump in US crude reserves. New York’s main futures contract, light sweet crude for delivery in July, rose $1.16 to $67.28 a barrel.
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Rising CAD could offset economic improvements
The Bank of Canada warned Thursday the continued rapid rise of the Canadian dollar could "fully offset" recent positive developments in the economy.
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British exports to Qatar rise by 10 percent
British exports to Qatar have risen by more than 10 percent since last year, an official at British Embassy said here yesterday.
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This budget does not compute
The easiest way to avoid a tough decision is to delay it and hope something changes in the meantime so the decision never has to be made. This is what John Key and Bill English did in “Budget 2009: The road to recovery.”
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Kiwi$ bounces after Standard & Poor’s reaffirms NZ credit
The major mission in yesterday’s Budget was to convince the rating agencies that NZ deserves to maintain its current world standing. It managed to do this by containing expenditure and forecasting NZ’s net debt position to stay around 40% of GDP
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A Matter of Financial Security
The government has released Treasury documents surrounding Oct. 13, 2008 — the day the U.S. government launched TARP. After a long battle between Judicial Watch and the Obama administration, the government has finally coughed up some details of t


