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Euro Dips on European Elections, Rebounds

The euro dipped to the four-month low today on the outcome of French and Greek elections the past weekend. The currency managed to rally, but remains[...] read more »
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Dollar Posts Weekly Gains Despite Disappointing Employment Growth

This week was good for the US dollar even though macroeconomic data made traders question whether economic recovery in the United States is stable en[...] read more »
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Aussie Falls as RBA Cut Growth Forecast

The Australian dollar tumbled as the Reserve Bank of Australia revised its growth forecast for this year downwardly, spurring speculation that more i[...] read more »
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Soybeans Rise on Increasing Demand, Oil Falls on US Payrolls

Soybean futures gained today as adverse weather hurt crops in Argentina and Brazil, boosting demand for US exports. Crude oil slumped today as growth[...] read more »
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Euro Drops Ahead of Elections on Weekend

The euro was falling today as elections in European countries this weekend and the next week add to uncertainty regarding the ability of the eurozone[...] read more »
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Pound Gains vs. Euro Ahead of Elections in France & Greece

The Great Britain pound gained against the euro today as Forex traders were nervous before the election in Greece and France this week. The currency [...] read more »
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Indian Rupee Falls as USA Spurs Risk Aversion

The Indian rupee fell today as unfavorable fundamentals reports from the United States caused speculations that the global economic recovery is falte[...] read more »
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EUR/USD Erases Losses as US Nonfarm Payrolls Below Forecast

EUR/USD was slowly falling today, but erased its losses in one big jump as the rate of US nonfarm payrolls growth was much smaller than anticipated b[...] read more »
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Oil Declines on Europe’s Problems & US Stockpiles

Crude oil slumped today on concerns that the European crisis will hurt the global economic growth and will damp demand for commodities. Markets remai[...] read more »
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EUR/USD Erases Gains After ECB Maintains Key Interest Rates

EUR/USD was falling today, but erased most of its losses after the press-conference the European Central as President Mario Draghi was less dovish th[...] read more »
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Britain’s Services PMI Down, Pound Follows

The Great Britain pound fell today against the US dollar after a report showed that the UK services index fell more than was expected by market parti[...] read more »
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Unexpected Growth of Unemployment Drives Kiwi Down

The New Zealand dollar slid today to the lowest level in more than two months as the nation’s unemployment rate rose, even though analysts said that [...] read more »
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Loonie Gains vs. Euro, Holds Ground vs. Greenback & Yen

The Canadian dollar climbed against the euro today as declining manufacturing of the eurozone weakened the shared 17-nation currency. Canada’s curren[...] read more »
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EUR/GBP Goes Lower as UK Construction PMI Beats Estimates

The Great Britain pound climbed to the highest level in almost two years against the euro today as better-than-expected macroeconomic data from the U[...] read more »
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Copper Suffers from Poor Economic Data from Europe & USA

Copper fell today as attractiveness of industrial metals declined on negative macroeconomic data from Europe and the United States. The bad fundament[...] read more »
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