Foreign Exchange Markets

Euro Slides Versus Dollar

BY BRADLEY DAVIS The euro retreated from its intraday highs Friday morning to trade lower against the dollar as U.S. stocks wavered and investors digested U.S. unemployment numbers. Around midday, the euro was at $1.4843 from...

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Market extends gains for straight third day on positive global cues

Friday, November 06, 2009 (New Delhi) The key benchmark indices extended last two days' strong gains as US dollar fell against a basket of major currencies. BSE clocked a turnover of Rs 5997 crore, higher than Rs 5972.13 crore...

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G20 officials seek support for future growth

An anti-G20 protestor displays a banner saying "Nae Tae G20" (No to G20) during a small protest against the G20 Finance Ministers meeting in St. Andrew's , Scotland Friday Nov. 6, 2009. British Treasury chief Alistair Darling,...

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When the Punch Bowl Goes Away (Broker Talk)

Even though the Federal Reserve didn’t raise interest rates this week, the government inches closer to raising interest rates and ending massive stimulus programs. These brokerages weigh in. Who’s Talking: Liz Ann Sonders,...

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Zimbabwe: Currency Comeback Speculation Unsettling

DESPITE the serious shakiness of the inclusive government, apparent from the onset, investors had begun showing renewed interest in the country since its formation. The main attraction has been the hope for an economic revival...

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Headline unemployment rate creates dollar shocker

We’re not quite sure what all the fuss is about this morning when it comes to splicing and dicing the non-farm payrolls report. A 10.2% headline national rate of unemployment - the first in 26 years grabbed attention upon the...

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Forex: EUR/USD: Euro bounces up from 1.4810, back to 1.4870

Forex: EUR/USD: Euro bounces up from 1.4810, back to 1.4870FITITOL-->FXstreet.com (Barcelona) - Euro post-NFP decline has been held at 1.481o support level, and the pair has picked up reaching back to pre-payrolls levels,...

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Devaluation of US Currency - The Most Important Causative Factors

why we have seen massive devaluation of the US currency, at the end of the day, all indications are that it really is a simple supply and demand issue, which comes from the conceptual understanding of supply side economics. But...

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Yen surges against Pound and Euro on weak U.S. employment data

Yen surges against Pound and Euro on weak U.S. employment dataFITITOL-->FXstreet.com (Barcelona) - The Yen has soared across the board on the back of a sudden risk aversion wave after a weaker than expected U.S. Non-Farm...

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Bull Market Inter-market Analysis on Stocks, Dollar, Gold

Gold Bull Market Forecast 2009, 2010 Update Gold recently had a stellar run, pushing to new all time highs on a near daily basis, galvanising wider mainstream press attention to the precious metal. Gold Secular Bull Market From...

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