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U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion

posted by Alice 725 days ago in USD made popular 725 days ago

The U.S. Dollar finished the first full session back from the holiday week-end by posting gains against most major currencies. Risk aversion was the theme today as traders punished the Euro and the commodity linked-currencies while seeking shelte

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Euro crisis cools oil, eases subsidy burden in India

posted by Burum 725 days ago in EUR, Oil made popular 725 days ago

While the euro zone debt crisis is a looming threat to the global economy, it has brought some cheer to policymakers here.

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Euro area unemployment rate at 10.1% EU27 at 9.7%

posted by fxgirlie 725 days ago in EUR, Employment made popular 725 days ago

The euro area (EA16) seasonally-adjusted unemployment rate was 10.1% in April 2010, compared with 10.0% in March. It was 9.2% in April 2009. The EU27 unemployment rate was 9.7% in April 2010, unchanged compared with March. It was 8.7% in April 20

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US gold ends up in safetu bid over euro debt fears

posted by dennis 725 days ago in USD, EUR, Gold made popular 725 days ago

U.S. gold futures ran up to a two-week high on Tuesday in a flurry of buying, on renewed safe-haven purchases amid fresh worries over euro zone debt.

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Daily Forex Signal: USD/JPY May Have Reached Top

posted by ForexPlaybook 725 days ago in USD, JPY, Technical made popular 725 days ago

The US dollar held strong against the Japanese yen through much of today’s session, though ultimately lost ground as riskier assets were sold heavily into the close. The present market environment, which is decidedly risk averse, continues to fav

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Debt Fears Make the Euro Fall to the Lowest In 4 Years

posted by grimadventures 725 days ago in EUR made popular 725 days ago

Reports suggest that the euro has witnessed a drop so significant that it has touched the lowest ever since the last four years.

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Forex Daily Outlook – May 31

posted by forexcrunch 727 days ago in Daily made popular 727 days ago

The week begins with several important events, despite a holiday in the US and Britain. Canada’s GDP and a speech from Trichet are the highlights of the day.

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Crude Oil Rises as USD Decline Increases Commodity Demand

posted by jerome 727 days ago in USD, Oil, Consumer made popular 727 days ago

Oil declined on May 28 after a decision by Fitch Ratings to strip Spain of its AAA credit grade pushed the euro lower. A report tomorrow in the U.S., the world’s biggest oil consumer, will probably show the nation’s manufacturing expansion slowed

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As euro falls, American consumers watch for deals

posted by Binsonu 727 days ago in USD, EUR, Consumer made popular 727 days ago

The Greek crisis contagion has pushed the euro into free fall for months now. Every day seems to mark a new low; many analysts predict it will drop below $1.20 in the near future, and some more-bearish currency experts are even predicting parity

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Yen Drops to 112.46 Per Euro

posted by megumi 727 days ago in EUR, JPY made popular 727 days ago

Japan’s currency fell to 112.46 per euro as of 9:10 a.m. in Tokyo from 111.77 in New York on May 28. The yen declined to 91.40 against the dollar from 91.06.

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Gold slips as euro stabilises

posted by sora 727 days ago in USD, Fundamental, Gold

Gold edged down on Monday as the euro steadied against the U.S. dollar, but worries about Europe's debt woes still underpinned sentiment.

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Australian Market Trades Lower

posted by fahrell 727 days ago in EUR, AUD, Trade

Tracking cues from Wall Street where stocks declined on Friday amid fresh worries about euro-zone debts following a downgrade of Spain’s credit rating, the Australian market is trading lower on Monday with investors treading a cautious path.

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