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Yen Weakens Amid Recovery Signs

posted by annie 724 days ago in JPY made popular 724 days ago

The yen fell against all major peers amid signs the global economy is gaining traction and on speculation Japan’s next leader will embrace a weaker currency.

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Euro above $1.22 and ahead of four-year lows

posted by christine 724 days ago in EUR made popular 724 days ago

The euro is trading above $1.22, and ahead of its latest four-year low against the dollar.

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Yen Slumps on Political Uncertainty

posted by jonell 724 days ago in JPY made popular 724 days ago

With the yen falling on Japan's political uncertainity, Rob Rennie, currency strategist at Westpac Bank, speaks to CNBC's Karen Tso and Martin Soong about his outlook for the currency.

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Australia boasts trade surplus as exports surge

posted by jerome 724 days ago in AUD, Trade made popular 724 days ago

Australia reported its first trade surplus in 13 months in April as booming exports of iron ore and coal helped lift earnings by over A$2 billion, a dramatic turnaround that is set to fuel economic growth this year.

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Euro devaluation boosts French exports

posted by hinata 724 days ago in EUR, GDP made popular 724 days ago

With the devaluation of the euro, French exports rose by 3.9 percent in the first quarter of 2010, figures of the French national statistics bureau, Insee, show.

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Risk Becomes Easier To Bear

posted by mountaindewd 724 days ago in Fundamental, Daily

Today’s trading was mixed, but the obvious theme was a big reversal in risk tolerance. The big movers of the day were the commodity currencies and the yen, while the pound and euro lie nearly motionless as traders await more information to determ

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Aussie dollar higher by noon

posted by Binsonu 724 days ago in AUD made popular 724 days ago

THE Australian dollar was higher at noon as investors continued to move into risk assets on the release of strong domestic trade data.

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NZ commodity prices continue to break records, led by dairy,

posted by krissylinne 724 days ago in NZD made popular 724 days ago

New Zealand commodity prices recorded their 14th straight monthly gain in May, pushing the ANZ Commodity Price Index to a new record, led by dairy products, skins and kiwifruit.

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Daily Economic Roundup - June 3, 2010

posted by gosspipgirl 724 days ago in Fundamental made popular 724 days ago

Ho hum, 'twas a quiet day in the markets yesterday. Could the major pairs be warming up for strong moves later on? Read up on the economic catalysts on today's schedule!

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US weekly gasoline demand up 3.7 pct

posted by megumi 724 days ago in USD, Retail Sales made popular 724 days ago

U.S. retail gasoline demand rose 3.7 percent in the week ending May 28 due to the Memorial Day holiday, the SpendingPulse report said on Tuesday.

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NZD Nears Two-Week High on Rates; Aussie Bonds Fall

posted by camac 724 days ago in AUD, NZD, Inflation made popular 724 days ago

The New Zealand dollar traded within 1 U.S. cent of its strongest since May 20 as speculation its central bank will raise interest rates from a record low next week boosted demand for the nation’s assets.

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AUD Near One-Year Low Versus Canada’s on Rates

posted by erzon 724 days ago in AUD, Inflation made popular 724 days ago

The Australian dollar traded near its lowest since 2009 against Canada’s currency on speculation its central bank will lag behind policy makers in the North American nation in raising interest rates.

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