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US daily FX turnover up 11.8 pct in April vs Oct-Fed

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Average daily volume in the over-the-counter U.S. foreign exchange market rose to $754 billion in April, up 11.8 percent from six months earlier, the Federal Reserve Bank of New York said on Monday. The total was just shy of record turnover of $762 billion seen in the six months to October 2008. The Fed said volume across all instrument types and execution methods and among most currency pairs rose in the latest reporting period.

Euro edges higher vs dollar; yen rises on risk aversion

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The euro edged up against the dollar on Monday but was below early highs as investors speculated European bank stress tests weren't strict enough to support a rally in the euro zone single currency. Demand for the yen rose as appetite for risk faded, with European shares sliding and U.S. stock futures lower. Still, analysts said euro gains may not wane completely as recent data in the region had been supportive for the currency.
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Euro off highs vs dollar, stress test relief fades

The euro edged up against the dollar on Monday but came off early highs as investors concluded that although European bank stress tests revealed no horrors they delivered no compelling reason to buy the single currency.
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Dollar loses vs yen as risk cut after Bernanke

The dollar slid towards a recent seven-month low versus the yen on Thursday after Federal Reserve Chairman Ben Bernanke expressed concern about the U.S. economy but steered clear of hinting about further easing as some had hoped.
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Euro extends falls vs dlr, Bunds gain after GS results

The euro fell to a session low against the dollar while Bund futures extended gains on Tuesday after Goldman Sachs (GS.N) released second quarter results. The euro fell to a low of $1.2840 EUR= from just above $1.2870 before the earnings were released, close to 2 cents from the high of $1.3028 reached earlier in the day.
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Euro retreats from 2-mth high vs dollar

The euro fell on Tuesday, reversing a climb to its highest against the dollar in more than two month, as European shares fell and investors reckoned its gains have been overdone before bank stress test results.
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Dovish Fed nudges dollar to 2-month low vs euro

The dollar fell to a two-month low against the euro and a basket of currencies on Thursday after dovish U.S. Federal Reserve minutes heightened concerns about the outlook for the U.S. economy. Fed officials last month felt they should be ready to consider additional steps to boost the U.S. economy if an already softening outlook took a noticeable turn for the worse.
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Euro rises vs dollar, inflation data boosts pound

The euro rose on Tuesday after a smooth Greek treasury bill auction helped ease some concerns about Europe's debt crisis and took some of the sting out of another credit rating downgrade for Portugal. A strong start to U.S. corporate earnings season also boosted general appetite for risk, traders said, while data showing the U.S. trade deficit widened unexpectedly in May weighed on the dollar.
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Microsoft CEO touts new Windows tablets vs iPad

Microsoft Corp Chief Executive Steve Ballmer touted new tablet-style devices running the Windows 7 operating system from about 20 manufacturers at a conference on Monday, underlining the giant software company's eagerness to counter the explosion of interest in Apple Inc's iPad.
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Dollar falls vs yen, euro after ISM data

The dollar fell against the yen on Tuesday after a lower-than-expected reading on growth in the U.S. non-manufacturing sector raised concerns about the outlook for the economy.
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Dollar drops vs euro as U.S. jobs report disappoints

The U.S. dollar slipped against the euro on Friday, extending the previous day's steep losses on concerns over the U.S. economic recovery after disappointing U.S. jobs data. U.S. private payrolls rose less than expected in June and overall employment fell for the first time this year as thousands of temporary Census jobs ended, indicating the economic recovery is failing to gain traction.
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U.S. dollar falls vs euro after jobs report

The U.S. dollar fell against the euro on Friday, extending the previous day's steep losses on concerns over the U.S. economic recovery after worse-than-expected U.S. jobs data. The report showed a larger-than-expected drop in U.S. June nonfarm payrolls to 125,000, due to layoffs of temporary government workers, even as the unemployment rate unexpectedly fell to 9.5 percent.
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Yuan hits new peak vs dollar, up 0.8 pct since depegging

China's yuan jumped against the dollar on Friday to its highest since a landmark 2005 revaluation but its broader gains were less impressive as it slumped against the euro. Traders and analysts said the moves suggested the Chinese central bank wanted to hold the yuan's overall value steady against a basket of currencies by offsetting gains made against the dollar with losses against the euro.
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Dollar drops to 7-mo low vs yen on global growth concerns

The dollar fell to a seven-month low against the yen on Thursday as economic reports in both the United States and China added to investors' uncertainty about the global economic recovery. The euro, however, rallied broadly after European banks borrowed less money than expected from a European Central Bank's tender, cooling concerns over euro zone banks' funding issues.
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Dollar falls to 7-month low vs yen on growth concerns

The dollar touched a seven-month low against the yen on Thursday as Chinese and U.S. economic reports added to investors' uncertainty about the global economic recovery. Chinese manufacturing PMI data showed slower growth in June, heightening concerns over the global economic recovery and weighing on high-yielding currencies.
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Dollar extends slides vs yen after US jobless claims

The dollar extended declines against the yen on Thursday after data showed initial U.S. weekly jobless claims came in higher than expected. The dollar dropped to 87.49 yen JPY= after the data from around 87.61 prior to the release of the data. The euro fell to $1.2357 EUR= from $1.2369 prior to the data's release. The euro had already risen 1 percent against the dollar before the data's release.
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Dollar extends losses, hits 7-month low vs yen

The dollar hit a seven-month low versus the yen on Thursday, stung by broad weakness and as traders took a stab at stop-loss orders suspected around the dollar's weakest of the year.
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Euro hits record low vs Swiss franc, Aussie down

The euro hit a record low against the Swiss franc and the Australian dollar also fell on Thursday as weaker-than-expected Chinese data added to doubts about the strength of the global recovery. The Chinese data sparked selling in higher-yielding currencies, with one trader saying low liquidity and short-term speculators taking punts on the euro against the Swiss franc and the Australian dollar against the yen added to the volatility.
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Yuan weakens vs dollar, volatility remains healthy

The yuan CNY=CFXS weakened slightly against the dollar in the onshore spot market and offshore forwards on Tuesday as investors saw little opportunity for the Chinese currency to appreciate sharply in the near term after the end of the G20 summit over the weekend.

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