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Business news briefs

posted by dexter 743 days ago in USD, Fundamental made popular 743 days ago

Discount retail chain Dollar General Corp. has opened a store at 4359 W. Saginaw Highway. The Goodlettsville, Tenn.-based company's newest area store spans 9,014 square feet and is expected to have six to 10 employees, the company said.

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IMF estimates NZ dollar overvalued by 10-25 percent

posted by dexter 787 days ago in NZD, Fundamental

The International Monetary Fund (IMF) estimates the New Zealand dollar is overvalued by 10 to 25 percent, but supports the free floating exchange regime as appropriate for this country.

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AUD Drops as Retail Sales, Home Approvals Unexpectedly Fall

posted by dexter 788 days ago in AUD, Retail Sales, Housing made popular 788 days ago

The Australian dollar fell for the first day in three after retail sales and home-building approvals unexpectedly declined in February, easing pressure on the central bank to raise the benchmark interest rate next week.

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Euro Banks Face $209 Billion Shortfall on Real Estate Debt

posted by dexter 789 days ago in EUR, Fundamental, Housing made popular 789 days ago

European banks may face a 156 billion-euro ($209 billion) shortfall in funds needed to refinance commercial real-estate debt in the next two years, DT...

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Chinese Soybean Imports May Advance to Record on Feed

posted by dexter 794 days ago in Fundamental, Agriculture

Soybean imports by China, the world’s biggest, may climb to a record on demand for livestock feed and increased crusher capacity, helping absorb surging global supplies, the country’s third-biggest processor said.

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Canadian consumers benefit when loonie and oil prices rise

posted by dexter 799 days ago in CAD, Oil

With the Canadian dollar's recent rise toward parity, and oil trudging higher over the last few months, the days of pricey gasoline might seem to be once again close at hand.

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Dollar slides vs euro as Fed vows to keep rates low

posted by dexter 802 days ago in USD, EUR, JPY

The dollar fell against the euro and yen on Tuesday after the Federal Reserve kept U.S. interest rates unchanged and reiterated a pledge to keep rates "exceptionally low" for an "extended period."

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Dollar loses strength versus rupee

posted by dexter 809 days ago in USD, Fundamental

The dollar lost strength versus the rupee in the interbank market, dealers said on Tuesday.

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Volatility Subdued while Asia Celebrates New Year

posted by dexter 830 days ago in Fundamental

Overnight price action has once again been mired by the absence of major market players around the world as holidays have limited trading flows. With North American markets coming back this morning following Family Day and President’s Day respect

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Euro falls vs US dollar to $1.3610, worries over Greek

posted by dexter 831 days ago in USD, EUR, Fundamental

The euro fell slightly early Monday as concerns persisted over the ability of the 16-nation currency zone to deal with swelling budget deficits.

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Dlr Soft, Stocks, Commodities Rally As Jitters Fade

posted by dexter 844 days ago in USD, Fundamental

The dollar declined and commodity and stock prices firmed Tuesday as recent concerns about Greek budget woes and tighter global monetary policy faded and risk appetite improved.

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Wheat Gains as U.S. Export Sales Improve Amid Falling Prices

posted by dexter 849 days ago in USD, Fundamental, Agriculture

Wheat rose for the first time in five sessions after U.S. export sales reached the high end of analysts’ forecasts for a second straight week.

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