Yearly Archives: 2012
New Data Cements Aussie Rate Cut
The Aussie Dollar struck a 2-week low versus the U.S. Dollar as expectations of a rate cut were bolstered on weaker than expected inflation data. Continue reading
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Euro Retreats Ahead of Debt Auctions
The Euro slipped off a 2-week peak versus the U.S. Dollar, pushed there on news that the IMF has decided to increase its safety net intended for the Eurozone by 100%. Continue reading
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Euro Retreats Ahead of Debt Auctions
The Euro slipped off a 2-week peak versus the U.S. Dollar, pushed there on news that the IMF has decided to increase its safety net intended for the Eurozone by 100%. Continue reading
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Yen Holds near Lows ahead of BOJ Meeting
The Japanese Yen continues to hold close to recent lows against the U.S. Dollar, as investors are hesitant to move too aggressively ahead of next week’s policy. Continue reading
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Yen Holds near Lows ahead of BOJ Meeting
The Japanese Yen continues to hold close to recent lows against the U.S. Dollar, as investors are hesitant to move too aggressively ahead of next week’s policy. Continue reading
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Euro Up but Spain Auction Weighs
In the Eurozone, the focus will turn to Spain and the next auction of Spanish 2-year and 10-year. Analysts says that the Euro is likely to be under renewed pressure as the auction looms, and could test support at $1.30. Continue reading
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Euro Up but Spain Auction Weighs
In the Eurozone, the focus will turn to Spain and the next auction of Spanish 2-year and 10-year. Analysts says that the Euro is likely to be under renewed pressure as the auction looms, and could test support at $1.30. Continue reading
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Risk On Trade Lifts Aussie, Loonie
The safe haven currencies fell in Asian trading as commodity-linked currencies staged a comeback. The Japanese Yen fell broadly and extended its fall from the 7-week peak versus the U.S. Dollar struck earlier in the week. Continue reading
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Risk On Trade Lifts Aussie, Loonie
The safe haven currencies fell in Asian trading as commodity-linked currencies staged a comeback. The Japanese Yen fell broadly and extended its fall from the 7-week peak versus the U.S. Dollar struck earlier in the week. Continue reading
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China Stocks Fall While Japanese Rise
Chinese stock prices plummeted for the second day following reports that the country’s FDI (foreign direct investment) was down 2.8% in Q1 2012 as compared with the same period last year. Continue reading
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