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Pound Drops After BoE Releases Minutes of Monetary Policy Meeting

The Great Britain pound dropped today, reaching the lowest level in a month against the US dollar and the lowest in two months versus the Japanese ye[...] read more »
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AUD/USD Reaches This Year’s Low

The Australian dollar continued its tumble today, reaching the lowest level this year against the US dollar, as adverse market sentiment and the inte[...] read more »
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Crude Oil Slips as Iran Cooperates with UN

Crude oil pulled back today after earlier advance as Iran reached an agreement with the International Atomic Energy Agency to allow the United Nation[...] read more »
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Dollar Gains on Negative Risk Sentiment & Good US Fundamentals

The US dollar advanced today as fears that the crisis in Europe is worsening drove investors to safer currencies and the dollar in particular as the [...] read more »
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US Existing Homes Sales Advance, EUR/USD Sinks

EUR/USD was trading sideways till 11:30 GMT and than sharply fell. The decline continues as of now. read more »
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Pound Falls as CPI & HPI Drop

The Great Britain pound fell against the US dollar today after reports showed that inflation slowed and house prices unexpectedly declined, adding in[...] read more »
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Yen Slides as Fitch Downgrades Japan

The Japanese yen fell today as Fitch Ratings downgraded Japan’s sovereign credit rating because country’s actions to reduce public huge public debt a[...] read more »
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Oil & Wheat Jumps on China, Wheat Drops on Weather

Commodities advanced today as China’s Premier Wen Jiabao said that the country would focus on boosting economic growth. Wheat, on the other hand, end[...] read more »
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Mexican Peso Profits from Promise of Faster Growth in China

The Mexican peso advanced today as China pledged to boost its economic growth, reducing the negative impact of the crisis in Europe and increasing de[...] read more »
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Yuan Gains as Wen Promises to Boost Growth, Retreats

The Chinese yuan gained today, before retreating below opening level, after the central bank set the reference rate higher and the head of China said[...] read more »
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Bad Week for Loonie in Spite of Some Good News

The Canadian dollar had a pretty bad week as talks about the European debt crisis plagued the Forex market, driving traders away from riskier commodi[...] read more »
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Chile’s Central Bank Holds Main Interest Rate, Peso Advances

The Chilean peso rose even after Chile’s central bank refrained from increasing interest rates. Good prospects for the nation’s economy and possibili[...] read more »
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Euro Drops to 4-Month Low, Closes Above Opening Level

The euro reached the lowest level in four months against the US dollar and the lowest in three months versus the Japanese yen today on fears that the[...] read more »
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Gold & Silver Rally for Second Day, Crude Oil Extends Losses

Gold and silver climbed on speculation that the Federal Reserve would stimulate the economy. Crude oil extended its losses as concerns that the US ec[...] read more »
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EUR/USD Fluctuates, Attempts to Avoid Fifth Day of Losses

EUR/USD was falling today, heading for a fifth straight day of losses. The currency pair rebounded later and currently stays flat. read more »
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