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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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Crude Oil Down as Manufacturing in Europe & China Slows

Crude oil fell today after reports showed that manufacturing in China and Europe slowed, meaning that demand for fuel may decline. Traders were also [...] read more »
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Traders Shun Risk on French Elections, Loonie Weakens

The Canadian dollar fell against the US dollar and the Japanese yen today on concerns about the French elections. The currency trimmed its losses, bu[...] read more »
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Australia’s Dollar Sinks on Falling PPI

The Australian dollar slumped today as the unexpected decline of producer prices in the first quarter of this year led to speculation that Australia’[...] read more »
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Euro Down on PMI, Concerns About French Elections

The euro was down today on concerns about the outcome of the presidential elections in France. The report that showed the manufacturing index falling[...] read more »
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Second Week of Gains for Yen

The Japanese yen gained for the second week as risk aversion sentiment prevailed on the Forex market, while the Bank of Japan refrained from easing i[...] read more »
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Australian Dollar Falls, China to Blame

The Australian dollar fell as signs of economic slowdown in China spooked Forex traders led to concerns that demand for assets of the South Pacific n[...] read more »
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Euro Down as ECB Doesn’t Want to Buy Spain’s Debt

The euro fell today as Spanish borrowing costs rose, but the European Central Bank signaled that it’s not going to buy nation’s debt, spurring talks [...] read more »
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Sugar Falls on Oversupply, Oil Declines as China Grows Slower

Sugar tumbled today as experts talked about oversupply on the market. Crude oil fell today on slowing economy of China and as Saudi Arabia signaled t[...] read more »
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Rand Slips as China’s Economic Growth Slows

The South African rand slid today after the government report showed that China’s economic growth slowed in the first quarter of this year more than [...] read more »
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EUR/USD Falls on Rising Spanish Borrowing Costs

EUR/USD sank today as rising Spanish borrowing costs triggered speculation that the debt crisis is worsening and the European Central Bank needs to r[...] read more »
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Won Gains as North Korean Rocket Launch Fails

The South Korean won rose today after North Korean rocket launch failed, easing tensions in the region. The overall positive mood on the Forex market[...] read more »
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Loonie Follows Aussie in Advance

The Canadian dollar jumped yesterday and so far has kept its gains today as stocks and commodities advanced on speculation that the Federal Reserve w[...] read more »
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Australia’s Employment Shows Huge Growth, AUD Surges

The Australian dollar jumped today as employment in Australia demonstrated surprisingly huge growth that was about seven times above forecasts, causi[...] read more »
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Oil Gains on Anticipation of QE, Weather Boost Corn & Wheat

Oil climbed as central banks of developed nations signaled that they may stimulate their economies. Corn gained and wheat on concerns that low temper[...] read more »
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