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Japanese Yen Mixed as Uncertainty Creeps In

Japanese yen is mixed today, heading higher against the euro, but lower against the US dollar and the UK pound. Uncertainty about Greece is creeping [...] read more »
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UK Pound Lower as Concern about Isolation Grows — Forex News

Yesterday, UK pound gained solidly against the euro, but today some of those gains are being given back. UK pound is lower on a combination of risk a[...] read more »
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Euro Struggles Continue on Bank Capitalization Concerns

Bank capitalization concerns are the main focus today, especially after the debacle involving UniCredit. Worries about bank capitalization, and a con[...] read more »
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Japanese Yen Continues to Gain in Forex Trading

Japanese yen continues to gain in Forex trading. Indeed, yen closed out 2011 at highs not seen for years — and not seen for a decade in the case of t[...] read more »
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Aussie Rangebound Today in Thin Trading

Aussie is trading rangebound today, for the most part, with low volumes. Right now, Aussie is seeing some support from an improvement in gold prices,[...] read more »
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Canadian Dollar Falls as Risk Aversion Rises

Risk aversion was the main driver today on the Forex market, as the week came to a close. With risk aversion rising, the Canadian dollar dropped, end[...] read more »
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Yuan To Move Toward Flexibility on Currency Market

Chinese Premier Wen Jiabao is planning to allow the yuan to increase in flexibility on the currency market, according to state-run CCTV. read more »
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Euro Weakens in Forex Trading

The euro is weaker in forex trading today as, once again, the stability of the eurozone is called into question. An Italian bond auction resulted in [...] read more »
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Japanese Yen Rises on Safe Haven Demand

Japanese yen is rising today as Q3 GDP results indicate that Japan is recovering from the March 2011 earthquake and tsunami. Also boosting the yen to[...] read more »
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UK Pound Drops on Risk Aversion

UK pound is lower today as risk aversion sets in. Concerns about Europe are affecting the financial markets today, with banks retreating — and other [...] read more »
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US Dollar Mixed in Forex Trading

US dollar is mixed in forex trading today as many currencies trade rangebound as the Forex market — and other markets — look for direction. Economic [...] read more »
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Yen Continues to Strengthen

Japanese yen continues to strengthen, prompting Prime Minister Yoshihiko Noda to assure Japan’s parliament that leaders are ready to intervene if it [...] read more »
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Forex Traders More Cautious Today

Forex traders are showing a little more caution today, after yesterday’s enthusiastic shift toward risk appetite. Euro is moving a little lower again[...] read more »
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EUR/USD Surges Past 1.41 Level on Eurozone Deal

Forex traders are almost delirious with happiness today as eurozone leaders announced a deal to contain the sovereign debt crisis — at least for now.[...] read more »
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Currency Wars Explained

During times of recession, currency devaluation often becomes a tool meant to provide a competitive advantage to a country – and help stimulate econo[...] read more »
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