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On Track: EADS Reports First Quarter (Q1) Results 2012
The interest result of EUR -73 million (Q1 2011: EUR -47 million) deteriorated compared to the 2011 level, mainly due to lower interest income related to the lower gross cash level and a reduction of the average interest rate compared to last year.
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RIL hits back at Oil Min on cost recovery issue
New Delhi: Smacked by a hefty penalty of over USD 1 billion for its failure to meet gas output targets, Reliance Industries on Friday hit back at the Oil Ministry saying there was no provision in the contract to disallow any part of its investment in ...
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Dollar hits fresh 2-month low vs yen, US GDP disappoints
* Disappointing US growth keeps dollar under pressure * Dollar hits 2-mth low vs yen, 8-mth low vs sterling * Japanese exporters' offers weigh on dollar/yen -trader (Updates levels, adds comments) By Masayuki Kitano and Ian Chua SINGAPORE/SYDNEY, ...
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Stocks eye gains ahead of rates decision
The Australian dollar is higher, recently buying $US1.0459, up from Friday's close of $US1.0370 after Bank of Japan added more stimulus and investors bet the US Federal Reserve won't be quick to abandon efforts to support the US economy.
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European Banks' Dollar Funding Costs Fall to Nine-Month Low
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was 43 basis points below the euro interbank offered rate at 8:18 am in London from minus 44 yesterday, data compiled by Bloomberg show.
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GBP/USD Continues Uptrend With Stronger Momentum
On Tuesday Pound/Dollar increased insignificantly with almost 60 pips. The Cable appreciated from 1.6108 to 1.6165 yesterday, in line with the positive Interbank sentiment at almost +27%, closing the day at 1.6140. Today the British Pound pushed ...
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USD Weakens on Soft Data as QE3 Expectations Build Ahead of FOMC
Smooth bond auctions in Italy and Spain helped to relieve some stress on peripheral yields and lent support to the EUR/USD. The Federal Reserve is gearing up for a monetary policy announcement tomorrow and the latest round of US economic data should ...
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EUR/USD under pressure as Spain auction looms
By Forexpros | Forex News | Apr 18, 2012 02:27PM GMT | Add a Comment Forexpros - The euro remained lower against the US dollar in cautious trade on Wednesday, as concerns over the debt crisis in the euro zone dominated market sentiment ahead of a key ...
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EUR/GBP plummets ahead of US inflation figures
At the moment EUR/GBP is down 0.18% at 0.8248, with the immediate support at 0.8227 (low Apr.12) ahead of 0.8222 (low Jan.9) then 0.8217 (Lower Bollinger) and 0.8214 (low Sep.10 2010). A break above 0.8265 (MA10d) would bring 0.8276 (high Apr.10) then ...
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Australian Dollar Outlook - 03/28/2012
By Christine Gaylican | March 28, 2012 10:33 AM EST Bell FX Currency Outlook: The Australian Dollar has opened lower this morning following a fall in Chinese Industrial Profits yesterday, which was the first drop in profits since 2009.
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Yesterday's slide in AUD and NZD extended into the London session
The BHP comments noting falling Chinese demand for steel had an extended market reaction, while a report from China that its vehicle sales would miss forecasts added to concerns regarding the pace of its economic slowdown. Fed Chairman Bernanke spoke ...
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GBP/USD Weakens After BoE Minutes
On Wednesday Pound/Dollar sank with 230 pips on the BoE minutes. The Cable depreciated from 1.5815 to 1.5647 yesterday, in converse with the positive Interbank sentiment at almost +50%, closing the day at 1.5666. Today the British Pound weakened ...


