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Yen Gains Even as Bank of Japan Adds Stimulus

The Japanese yen gained today as demand for safety overcame Bank of Japan’s attempts to weaken the currency. The yen slumped earlier as the BoJ expan[...] read more »
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Euro Falls as S&P Downgrades Spain

The euro fell today as Standard & Poor’s downgraded Spain’s sovereign credit rating, adding to speculations that the debt crisis is spreading across [...] read more »
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EUR/USD Gains for Third Day Even as Fears Return to FX Market

EUR/USD rose today for the third day even as fears that other European countries would follow Greece in requesting a bailout returned to Forex market[...] read more »
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Swedish Consumer Confidence Rise, Krona Follows

The Swedish krona climbed today against most major currencies after a report showed that confidence on Swedish households improved this month, reduci[...] read more »
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GBP/USD Higher as Consumer Confidence Improves

The Great Britain pound rose today against the US dollar after a report showed that confidence of Britons unexpectedly improved last month, muting sp[...] read more »
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USD/JPY Gains as Fed Doesn’t Mention QE3

The US dollar gained against the Japanese yen today before retreating to the opening level as the Federal Reserve refrained from adding stimulus to t[...] read more »
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Advance of Crude Oil & Cattle; Drop of Gold on Lack of Demand

Cattle futures climbed, following yesterday’s drop. Crude oil advanced after the Federal Open Market Committee said that the US economic recovery wil[...] read more »
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EUR/USD Stays Higher Even After FOMC Refrains from QE3

EUR/USD was higher today as falling yields for European bonds had a positive effect on the market sentiment. The euro retained its gains even as the [...] read more »
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Will Bank of Japan Intervene? Investors Unsure, Yen Fluctuates

The Japanese yen fluctuated today, staying nearly flat at present, as Forex market participants were unsure whether the Bank of Japan would intervene[...] read more »
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Pound Falls as GDP Shrinks

The Great Britain pound fell today after a government report showed that the UK economy unexpectedly declined in the first quarter of this year, redu[...] read more »
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Rand Gains for Second Day on European Bonds & US Corporate Profits

The South African rand gained today for the second day after yields on European bond fell, easing nervousness about Europe’s troubles, and as US corp[...] read more »
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EUR/USD Falls as European Bonds Gain

EUR/USD gained today after yield on Spanish, Italian and Dutch bonds fell, weakening fears of the European crisis. read more »
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Aussie Goes Down as CPI Growth Below Expectations

The Australian dollar fell today as a government report showed that nation’s consumer prices rose in the last quarter far slower that was anticipated[...] read more »
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Traders Sell Won in Favor of Dollar on European Politics

The South Korean won fell today as concerns about the political situation in Europe caused traders to sell riskier assets of Asian nations in favor o[...] read more »
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Pound Goes Higher vs. Euro as Future of Europe Still Uncertain

The Great Britain pound rose against the euro and erased its losses versus the US dollar as fears of Europe’s troubles drove investors to the relativ[...] read more »
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