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Dollar strengthens against euro again

posted by minxybrilo 531 days ago in USD, EUR

The US dollar was supported during the week by a sharp sell-off in US Treasury bonds that boosted yields up. The dollar index, which measures the US dollar value against a basket of six major global currencies, rose 1.2 percent during the week.

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U.S. tax deal to boost growth, buttress Fed policy

posted by minxybrilo 536 days ago in USD

The economy stands to get a much-needed boost from the tax deal struck by the Obama administration and Republican lawmakers which could lift growth next year by as much as a full percentage point.

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Dollar tumbles after disappointing jobs report

posted by minxybrilo 537 days ago in USD, Employment made popular 537 days ago

The dollar tumbled broadly Friday after a November jobs report showed a higher rate of unemployment in the U.S., a sign that the economic recovery is still struggling.

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US Dollar Mixed Ahead of U.S. Jobs Data; Aussie Down

posted by minxybrilo 541 days ago in USD, Employment made popular 541 days ago

The U.S. dollar ended the Asian session mixed on Friday, with market players refraining from making fresh moves ahead of the release today of the closely watched U.S. jobs report.

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Australian Dollar Slides To New 2-month Low Against Greenbac

posted by minxybrilo 543 days ago in USD, AUD, NZD made popular 542 days ago

The Australian dollar extended its recent downtrend versus its US and New Zealand counterparts on Wednesday morning in Asia.

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Australian Dollar Weakens on Decline in Business Profits

posted by minxybrilo 543 days ago in EUR, AUD

The Australian dollar tumbled today on concerns about the conflict in and the sovereign-debt crisis in Europe. However, the main contributor to the Aussie’s decline was the report showing an unexpected decline in the business profits in the natio

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Australian Dollar Rises After Building Approvals Surge

posted by minxybrilo 544 days ago in AUD made popular 544 days ago

The Australian Dollar is up slightly after Building Approvals for the month of October rose an impressive 9.3% month-over-month, well ahead of the 1.4% consensus estimate. The gains more than reversed September’s 5.3% decline, and allowed approva

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Gold steady, eyes on Europe debt woes

posted by minxybrilo 544 days ago in EUR, Gold

Spot gold was steady on Tuesday, supported by continued worries about the fiscal health of euro zone nations.

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Dollar sags as RBA signals steady rates

posted by minxybrilo 548 days ago in AUD, Inflation

The Australian dollar stumbled and bond futures jumped on Friday after the Reserve Bank signalled interest rates may not rise in coming months, a tone that was slightly less hawkish than some had expected.

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Oil inches up after big jump; Europe debt in focus

posted by minxybrilo 548 days ago in EUR, Oil, Inflation made popular 548 days ago

Oil inched up in paltry trade on Thursday, extending its biggest gain in four months as the dollar edged lower, but ongoing concerns about the euro zone and Chinese inflation threatened to limit gains.

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Australian dollar opens higher on thin volume

posted by minxybrilo 548 days ago in USD, EUR, AUD made popular 548 days ago

The Australian dollar opened higher this morning as European stocks strengthened amid thin trading with the Thanksgiving holiday in the US.

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China’s 4% Inflation Target Appropriate, CPPCC Vice Chair Sa

posted by minxybrilo 549 days ago in Inflation made popular 549 days ago

China must experience 4 percent inflation at its current stage of economic development, Huang Mengfu, vice chairman of the Chinese People’s Political Consultative Conference, the country’s top policy advisory body, said at a conference in Shangha

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