Yearly Archives: 2012
Currency Traders to Focus on Bernanke
The Euro edged higher against the U.S. Dollar in Asian trading today as a spate of hedge fund buying triggered stop-losses. Continue reading
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Bernanke to Give U.S. Dollar Direction
The Euro steadied against the greenback in Asian trade as short-term focus is directed to Washington, D.C. where Federal Reserve head Ben Bernanke will be testifying before the U.S. Congress tomorrow. Continue reading
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Bernanke to Give U.S. Dollar Direction
The Euro steadied against the greenback in Asian trade as short-term focus is directed to Washington, D.C. where Federal Reserve head Ben Bernanke will be testifying before the U.S. Congress tomorrow. Continue reading
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Euro Pressured by Italian Rate Cut
The Euro continued to hold close to a 2-year low against the U.S. Dollar following Italy’s credit rating cut by Moody’s late yesterday. Continue reading
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Euro Pressured by Italian Rate Cut
The Euro continued to hold close to a 2-year low against the U.S. Dollar following Italy’s credit rating cut by Moody’s late yesterday. Continue reading
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U.S. Dollar Rises on Fed Minutes
The U.S. Dollar briefly rose against the Japanese Yen in the Asian trading session, following the Bank of Japan’s announcement that it would make no changes to its current monetary policy except for some minor tweaking to its asset purchase program. Continue reading
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U.S. Dollar Rises on Fed Minutes
The U.S. Dollar briefly rose against the Japanese Yen in the Asian trading session, following the Bank of Japan’s announcement that it would make no changes to its current monetary policy except for some minor tweaking to its asset purchase program. Continue reading
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Support Erodes for Euro as Doubts Grow
The Euro continued to hold close to a 2-year low versus the U.S. Dollar as investors consider that the German court which is to decide on the legal usage of the Eurozone Stability Mechanism won’t rule in favor of broader implementation. Continue reading
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Support Erodes for Euro as Doubts Grow
The Euro continued to hold close to a 2-year low versus the U.S. Dollar as investors consider that the German court which is to decide on the legal usage of the Eurozone Stability Mechanism won’t rule in favor of broader implementation. Continue reading
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Euro Lower as E.U. Meeting Disappoints
As analyst had expected and as markets had feared, the E.U. finance ministers meeting yielded no definitive outcome and highlighted only the shortcomings of the most recent summit. Continue reading
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