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Euro at 18-month low on debt woes; stocks sink

posted by junray 743 days ago in EUR made popular 743 days ago

The euro slid to an 18-month low versus the dollar and global shares fell sharply on Friday over fears that Europe's fiscal austerity plans may derail economic recovery.

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Euro Rises To 2-day High Against Dollar And Yen

posted by junray 779 days ago in USD, EUR, JPY

After sliding for several days on worries about Greece's debt woes, the euro climbed to a 2-day high against the US dollar and the Japanese yen in early deals on Friday.

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Oil bounces above $83 as dollar slips vs euro

posted by junray 787 days ago in USD, EUR, Oil made popular 787 days ago

Oil rose above $83 on Wednesday, supported by the euro's rise against the dollar despite U.S. government data showing crude inventory rose more than expected and gasoline stocks had a surprise build.

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Euro may show upward move against USD

posted by junray 788 days ago in USD, EUR, Fundamental made popular 788 days ago

Short term investors may keep eyes on sectors and stock specific trading rather then focus on nifty levels.

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Greece to Sell 7-Year Bonds in 1st Issue Since Rescue

posted by junray 789 days ago in EUR, Fundamental

Greece plans to sell seven-year bonds, its first debt offering since the European Union agreed to help the nation finance the region’s biggest budget deficit.

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Euro at 10-month dollar low on Portugal downgrade

posted by junray 794 days ago in USD, EUR, Fundamental made popular 794 days ago

The euro slid to a ten-month low Wednesday amid mounting concerns that the International Monetary Fund will play a pivotal role in any bailout of Greece. The news that Portugal's debt has been downgraded by one of the world's leading credit ratin

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Oil prices slide most in three weeks

posted by junray 799 days ago in Oil made popular 799 days ago

Oil prices fell by 1.9 per cent Friday, taking their biggest one-day dip in three weeks, as the U.S. dollar firmed against foreign currencies, slashing investment flows into oil and other commodities.

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Dollar Backpedals As Fed Holds Steady

posted by junray 802 days ago in USD, Fundamental, Inflation made popular 802 days ago

The dollar was generally weaker Tuesday afternoon after the Federal Reserve kept its key interest rate near zero and signaled rates would remain extraordinarily low for an extended time.

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N.Z. Has Little Scope for Rate Rise as Spending Slows

posted by junray 809 days ago in NZD, Inflation, Consumer made popular 809 days ago

New Zealand’s central bank has little scope to raise borrowing costs before June as rising unemployment curbs consumer spending and housing demand, according to economists.

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Greek PM hopes to reform economy

posted by junray 810 days ago in EUR, Fundamental made popular 810 days ago

Greece's prime minister is hoping his trip to Washington will boost efforts to get his country out of a financial crisis. But Secretary of State Hillary Clinton said Monday that Greece is not asking for any specific help from Washington.

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Crude ends up as optimism lifts euro, stocks

posted by junray 816 days ago in USD, EUR, Oil made popular 816 days ago

U.S. crude futures ended more than 1 percent higher Tuesday on a brighter economic outlook and signs of progress in cobbling up financial support for debt-stricken Greece.

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Euro Worst to Come as Greece Hammerlocks ECB on Rates

posted by junray 824 days ago in EUR, Fundamental, Inflation

Derivative traders are signaling that the euro’s slump to a nine-month low will continue even if European Union leaders bail out Greece.

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