Yearly Archives: 2012

Euro on Receiving End of Pressure

The common currency Euro was close to striking a 2-week trough versus the U.S. Dollar early during the Asian trading session on the heels of a political crisis which appears to be brewing in Italy. Continue reading

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Euro on Receiving End of Pressure

The common currency Euro was close to striking a 2-week trough versus the U.S. Dollar early during the Asian trading session on the heels of a political crisis which appears to be brewing in Italy. Continue reading

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Euro Pressured as Markets Digest Cuts

Markets were disappointed with the outcome of Thursday’s European Central Bank policy meeting and Mario Draghi’s comments afterward and as a result sent the Euro hurtling toward its sharpest drop in a month against the U.S. Dollar. Continue reading

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Euro Pressured as Markets Digest Cuts

Markets were disappointed with the outcome of Thursday’s European Central Bank policy meeting and Mario Draghi’s comments afterward and as a result sent the Euro hurtling toward its sharpest drop in a month against the U.S. Dollar. Continue reading

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Euro Edges Lower Ahead of ECB Meeting

The Euro edged off a 7-week peak against the U.S. Dollar and a multi-month peak against the Japanese Yen during the Asian trading session as investors take a breather to wait and see what the European Central Bank might next do as the conclusion of today’s policy setting meeting. Continue reading

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Euro Edges Lower Ahead of ECB Meeting

The Euro edged off a 7-week peak against the U.S. Dollar and a multi-month peak against the Japanese Yen during the Asian trading session as investors take a breather to wait and see what the European Central Bank might next do as the conclusion of today’s policy setting meeting. Continue reading

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Canadian Dollar Up on Rate Hike Hint

The Canadian Dollar edged higher against its neighbor the U.S. Dollar during the Asian trading session after the Canadian central bank announced that it would leave interest rates unchanged but reaffirmed its outlook for tighter monetary policy in the … Continue reading

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Canadian Dollar Up on Rate Hike Hint

The Canadian Dollar edged higher against its neighbor the U.S. Dollar during the Asian trading session after the Canadian central bank announced that it would leave interest rates unchanged but reaffirmed its outlook for tighter monetary policy in the … Continue reading

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Dollar Falls on Dismal Data

The U.S. Dollar edged lower against the Japanese yen during the Asian trading session following economic news from the U.S. which showed that manufacturing activity struck a 3-month low last month, a level unseen in several years. Continue reading

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Dollar Falls on Dismal Data

The U.S. Dollar edged lower against the Japanese yen during the Asian trading session following economic news from the U.S. which showed that manufacturing activity struck a 3-month low last month, a level unseen in several years. Continue reading

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