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U.S. Retail Sales Tops Expectations in November, FOMC Takes Center Stage

Advance retail sales in the world’s largest economy rose 0.8 percent in November after climbing a revised 0.8 percent the month prior, while retail s[...] read more »
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Euro Erases Friday's Losses as Risk Appetite Returns on PBOC Hold, Tax Cuts

The People’s Bank of China refraining from tightening rates and the expected approval of U.S. tax cuts have fostered a return of risk appetite and he[...] read more »
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British Pound Bounces Back As BoE Maintains Current Policy, Euro Searches For Support

British Pound bounced back from a low of 1.5732 during the European trade as the Bank of England maintained its current policy in December, and the G[...] read more »
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Euro To Face Increased Headwinds As ECB Maintains Current Policy, U.S. Dollar To Benefit As Mar

Euro pared the overnight advance as the European Central Bank talked down speculation for further easing, and the single-currency is likely to face i[...] read more »
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Euro Advances On Speculation For Further Easing, Relief Rally To Be Short-Lived

The Euro advanced to a high of 1.3135 on speculation that the European Central Bank will expand its asset purchase program in order to stem the risks[...] read more »
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Euro Extends Decline as EU Holds Cautious Tone, U.S. Dollar Benefits From Flight to Safety

The U.S. dollar advanced against its major counterparts during the overnight session, and the near-term rally in the greenback may pick up pace going[...] read more »
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Euro or Greenback…..Both Hurt….But Which Hurts the Least?

After breaking to fresh multi-day lows below 1.3300, the Euro has bounced, with the market managing to establish back above 1.3300. The initial selli[...] read more »
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FOREX TREND MONITOR: US Dollar to Thrive on Risk Aversion

Last week’s price action proved indecisive as global equities and the US Dollar – the benchmarks for their respective sides of the “risk on” vs. “ris[...] read more »
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Euro, British Pound To Face Headwinds As Risks For Contagion Intensify

he Euro fell back from a high of 1.3785 during the overnight trade as Ireland opted to seek a bailout from the EU, and the single-currency may face i[...] read more »
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Eur/Usd Sell Failed to Trigger Thursday;Will Look to Sell Higher Up On Friday

Fed Chair Bernanke has been under some intense scrutiny over the past several days, with pressure and criticisms on the latest injection of liquidity[...] read more »
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Euro, Risk Appetite Climb As Ireland Intimates It Will Tap Funds Offer

The euro spiked higher as Ireland’s central bank Governor said that he expects Ireland to ask for assistance from the EU and IMF. read more »
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U.S. Retail Sales Jump 1.2 Percent in October, Empire Manufacturing Enters Negative Territory

Advanced retail sales in the world’s largest economy rose 1.2 percent in October after climbing 0.7 percent the month prior amid expectations of 0.7 [...] read more »
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Kruger 11 12

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Euro Bounces Back As Policy Makers Prepare For Bailout, Shows Muted Reaction To 3Q GDP

The Euro showed little reaction to the weaker-than-expected 3Q GDP reading as the exchange rate rallied to a high of 1.3745, and the single-currency [...] read more »
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All Eyes Turn to G20 as Fed QE Stokes

The Euro and the British Pound were little changed in overnight trade, with the single currency drifting sideways 1.38 to the US Dollar while sterlin[...] read more »
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