Category Archives: News
European Banks Stress Tests Reveal No Shocks
The EUR hovered close to a two-month record vs the USD on Tuesday, retaining support after last week’s European bank stress tests revealed no issues while demand for riskier assets weighed on the dollar increased significantly. Continue reading
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Skepticism Over the Credibility of the Euro Zone’s Bank Stress Tests
The EUR hit a seven-week record vs the JPY on Monday as an increase in shares prompted dealers to unwind long yen positions Continue reading
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Euro and Greenback Slip in Asia Ahead of Stress Test Outcome
In Asian trading today, the common currency Euro and the U.S. Dollar both fell versus the safe-haven Japanese Yen on investor profit taking. Continue reading
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Following Bernanke Testimony, U.S. Dollar Slips Against Yen in Asian Trading
Following the testimonial remarks of Ben Bernanke, to the U.S. Congress’s Banking Committee, the U.S. Dollar fell in Asian trading on renewed investor concern over the pace of the American economic recovery. Continue reading
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Following Bernanke Testimony, U.S. Dollar Slips Against Yen in Asian Trading
Following the testimonial remarks of Ben Bernanke, to the U.S. Congress’s Banking Committee, the U.S. Dollar fell in Asian trading on renewed investor concern over the pace of the American economic recovery. Continue reading
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Euro off 10-week High against Greenback as Investors Await Stress Test Results
The common currency Euro slipped from a 10-week peak yesterday, but still managed to edge up versus the U.S. Dollar in Asian trading today. Continue reading
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More Disappointing U.S. Data pushes Greenback Nearer 2-Month Low against Euro
With currency investors trimming their long term holdings in the U.S. Dollar, the greenback slipped in Asian trading, closing in on the 2-month trough struck last week against the common currency Euro. Continue reading
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More Disappointing U.S. Data pushes Greenback Nearer 2-Month Low against Euro
With currency investors trimming their long term holdings in the U.S. Dollar, the greenback slipped in Asian trading, closing in on the 2-month trough struck last week against the common currency Euro. Continue reading
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Euro Retreats off 2-Month Highs on Profit-Taking
Investor profit taking brought the Euro lower against both the Japanese Yen and U.S. Dollar in Asian trading today. Continue reading
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Pace of the U.S. Economic Recovery Pressures U.S. Dollar in Asian Trading
The U.S. Dollar remained under pressure in Asian trading today following the release of tepid economic data from the United States which is seen by many as evidence that the pace of the economic recovery is slowing. Continue reading
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