Yearly Archives: 2012

Aussie Dollar Dips despite RBA Decision

The Reserve Bank of Australia announced earlier that it would make no changes to its current interest rate, set at 4.25%, though it held on to the easing bias discovered with the most recent reading of the minutes. Continue reading

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Profit Takers Send USD/JPY Higher

The U.S. Dollar fell against the Japanese Yen as investors decided to take profits following the recent rise to a 9-month peak; analysts say that U.S. Dollar buying is limiting losses in the short term. Continue reading

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Profit Takers Send USD/JPY Higher

The U.S. Dollar fell against the Japanese Yen as investors decided to take profits following the recent rise to a 9-month peak; analysts say that U.S. Dollar buying is limiting losses in the short term. Continue reading

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Euro Steadies but Remains on Defensive

The common currency Euro held steady against the U.S. Dollar and edged higher versus the Australian Dollar in Asian trading. Continue reading

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Euro Steadies but Remains on Defensive

The common currency Euro held steady against the U.S. Dollar and edged higher versus the Australian Dollar in Asian trading. Continue reading

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LTRO Outcome Sends Euro, Aussie Lower

In Asian trading, the U.S. Dollar came up off of a 3-month low versus a weighted basket of currencies following Ben Bernanke’s speech yesterday which this time around did not allude to the possibility of additional easing. Continue reading

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LTRO Outcome Sends Euro, Aussie Lower

In Asian trading, the U.S. Dollar came up off of a 3-month low versus a weighted basket of currencies following Ben Bernanke’s speech yesterday which this time around did not allude to the possibility of additional easing. Continue reading

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Euro, Aussie Gain ahead of ECB’s LTRO

The Euro edged higher in Asian trading, accompanied by other commodity-linked currencies as investors have pinned their collective hopes on today’s LTRO offering from the European Central Bank. Continue reading

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Euro, Aussie Gain ahead of ECB’s LTRO

The Euro edged higher in Asian trading, accompanied by other commodity-linked currencies as investors have pinned their collective hopes on today’s LTRO offering from the European Central Bank. Continue reading

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Yen Slips on Month-End Buying Spree

The Japanese Yen slipped further from the 9-month trough struck yesterday as end of the month buying by Tokyo-based exporters helped propel it through a correction. Continue reading

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