FOREX

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FX Summary - Feb 20

The greenback edged higher against the majors, climbing to 108.36 versus the yen and pushing the euro to 1.4615. A barrage of US economic data was released earlier in the session, with key indicators on inflation and housing

FX Summary - Feb 19

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The dollar is weaker against the euro and Aussie as the US market returns from holiday, falling to its lowest level in 3-months versus the Aussie at 0.9236 and a 2-week low against the euro at 1.4756.

Dollar Falls on Fed Rate Cut Expectations, Australia minutes

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The dollar fell on Tuesday amid continuing speculation that the Federal Reserve will lower interest rates, and minutes from the Reserve Bank of Australia indicating that it had wanted to raise its interest higher than it did earlier this month.
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High-yielding currencies gain led by Aussie dollar

High-yielding currencies, led by the Australian dollar, rose on Tuesday as investors added to risky trades amid strong gains in commodity prices and expectations of further interest rate increases in Australia.
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Dollar Rises vs Yen on Rise on Retail Sales

The dollar rose to its highest level against the yen on Wednesday after a government report indicated that retail sales in the U.S. rose more than expected, easing concerns about the likelihood of a U.S. recession.
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Yen Rises Against Euro, Dollar

The yen rose against the dollar and euro on Monday as stocks fell amid inflation concerns and continuing problems in financial markets.
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Euro up on tough ECB talk

The euro edged up against the dollar on Monday after tough talk from monetary policy-makers dented expectations for lower euro-zone interest rates while the yen climbed broadly as investors cut back on risky trades.
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Euro slides after Trichet's growth comments

The euro declined to two-week lows versus the dollar on Thursday after European Central Bank President Jean-Claude Trichet said euro zone growth risks are to the downside, signaling lower interest rates this year.
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Yen Rises versus euro, dollar

The yen rose against the dollar and euro on Wednesday after Asian stocks plunged amid worries about the U.S. economy.
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FX Summary - Feb 1

The dollar shrugged off a dismal labor report in early Friday trading – slipping initially following the release, but rallying sharply after traders digested the news. The greenback fell just shy of a fresh all-time low against the euro at
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Dollar drops on expectations of aggressive Fed

The dollar dropped against most major currencies on Monday with dealers anticipating that the Federal Reserve will have to cut interest rates aggressively after a policy meeting later this week to boost U.S. economic growth.
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Dollar Falls After Fed Chief's Comments

The dollar fell on Thursday after comments by Federal Reserve Chief Ben Bernanke echoed a statement made earlier this week signaling that the Federal Reserve would continue to cut interest rates, reducing the attractiveness of deposits in the currency.
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Dollar declines as Bernanke points to easing

The dollar dropped on Thursday after Federal Reserve Chairman Ben Bernanke told a congressional committee that more interest rate cuts may be necessary and that the economic outlook has worsened.
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Dollar Hits 2-Year Low Against Yen

The dollar on Tuesday, reaching its lowest level against the yen in two years after a report about slow retail sales triggered concerns that the U.S. economy will go into recession.
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FX Summary - Jan 15

The dollar regained its footing by the New York afternoon following earlier selling against the euro, sterling and yen. A sluggish retail sales report for December was the catalyst for the greenback’s drop to multi-year lows versus
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Dollar falls on weak retail sales

The dollar extended its declines against the euro and yen on Tuesday after data showed U.S. retail sales for December were below market expectations.
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FX Summary - Jan 10

The dollar tumbled against the euro, breaching the 1.48-level in the face of sharply divergent comments from each respective central bank’s chief. ECB President Trichet hinted at further tightening on the back of Eurozone economic
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FX Summary - Jan 8

The greenback was mixed against the majors in Tuesday trading, rallying against the yen while relinquishing yesterday’s gains versus the sterling. Fears on the stability of financial firms will continue to weigh on the dollar with earlier
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Dollar edges up as investors trim bearish bets

The dollar rose on Monday after losses the previous session, as investors trimmed bets against the currency given persistent U.S. inflation pressures that may prevent the Federal Reserve from cutting interest rates aggressively.
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FX Summary - Jan 4

The dollar slumped across the board after a government report showed job growth slowed to the lowest since 2003, raising the likelihood that the Fed may cut interest rates by the end of this month.
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FX Summary - Dec 28

The greenback extended its losses broadly after a report showed the nation's housing market deterioration has not ended yet. The dollar posed for the biggest weekly decline versus the euro. US new home sales fell from 728k to
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Yen Rises on Subprime Troubles

The yen rose on Thursday after a sign that the U.S. economy is still facing more trouble from the subprime mortgage market mess as financial firms continued to report high exposure and losses.
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FX Summary - Dec 20

The dollar continued to firm against the sterling following weak UK economic data, rising to its highest level in 4-months at 1.9813. However, the greenback was slightly softer against the yen and euro following the weak Philadelphia Fed survey.
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FX Summary - Dec 19

he dollar’s year end recovery extended into Wednesday trading, pushing the British pound beneath the psychologically key 2-level for the first time since mid-September. With no economic reports released from the US today, traders
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Yen Falls on ECB Cash Injection

The Yen fell on Tuesday after the European Central Bank injected more than $500 billion to the banking system, boosting the carry trade.

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