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Jan. 7 (Bloomberg) -- The euro rose against the dollar and the yen on speculation the European Central Bank will avoid trimming interest rates as low as its major counterparts. The euro also gained against the British pound and the Swedish krona ...
Read moreHONG KONG, Jan 7 (Reuters) - Hong Kong shares dropped 3.2 percent on Wednesday as China Construction Bank (CCB) slid after an equity sell-down by Bank of America while telecom stocks retreated after Beijing handed out long-awaited 3G licences. CCB ...
Read moreJan 06 - Euro Falters as CPI Suggests ECB Will Cut Rates (Forex Video) Jan 05 - Forex Trading Signals Well-Positioned for Gains in the New Year Jan 06 - Dollar May Reverse Gains on Weakening Service Sector Jan 06 - Euro Zone Inflation to Fall Below 2 ...
Read moreJAKARTA, Jan 7 (Reuters) - Indonesia's central bank slashed interest rates more than expected on Wednesday and said it may cut again to spur economic growth, just days after the government announced a $6.6 billion fiscal stimulus package. The half ...
Read morebe more," said Calyon's Keeble. The ECB lent 7.559 billion euros in 182-day paper. Table . The euro zone's central bank also conducted an auction of 98-day paper, and lent 9.454 billion euros-worth. Table
Read moreNEW YORK (Reuters) - The dollar slumped Wednesday, reversing sharp gains against the euro and yen earlier this week, as steep job losses in the private sector rekindled fears of a prolonged U.S. recession. The report, compiled by ADP Employer ...
Read moreLast week as we wrapped up our analysis for the year, we noted that with the euro buying $1.40 at the time, its reversal from $1.4719 signaled a drop to $1.35 “for the first week of January.” The ensuing slide to as low as $1.3317 ushered in by a ...
Read moreNEW YORK, Jan 7 (Reuters) - The dollar fell across the board on Wednesday, reversing sharp gains against the euro earlier this week, as steep job losses in the private sector reignited fears of a prolonged U.S. recession. The report, compiled by ADP ...
Read moreNEW YORK, Dec 31 (Reuters) - The U.S. dollar rose on Wednesday and was headed for its first yearly gain against the euro since 2005 as the worst financial crisis in 80 years led investors to take refuge in the greenback. The dollar was on track to ...
Read moreThe USD started the day on a strong note rising to early highs against most pairs in New York but has since falling back to make lows in some cases. Traders note that today's US data was as expected and showed no real surprises suggesting that today ...
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