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2007 August

Archive forAugust, 2007

U.S. Forex Market Commentary

U.S. Forex Market Commentary
FXStreet.com - The euro weakened vis- -vis the U.S. dollar today as the single currency tested bids around the US$ 1.3635 level and was capped around the $1.3710 level. Technically, today s intraday low was right around the 23.6% retracement of the move from $1 …

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FOREX-Calm ahead of payrolls, credit still in focus

FOREX-Calm ahead of payrolls, credit still in focus
Reuters UK - LONDON, Aug 3 (Reuters) - The dollar steadied against other major currencies on Friday, hugging tight ranges as investors shifted their focus to upcoming U.S. employment data from the credit and stock market volatility of recent weeks. The monthly …

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FOREX-Yen down as risk appetite back on table after Fed

FOREX-Yen down as risk appetite back on table after Fed
Reuters - LONDON, Aug 8 (Reuters) - The low-yielding yen fell against the dollar and euro on Wednesday after the Federal Reserve’s statement cooled expectations for a near-term U.S. interest rate cut and boosted stocks and other riskier assets. The Fed left …

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FOREX-Yen turns down after Fed ops soothe stock market

FOREX-Yen turns down after Fed ops soothe stock market
Reuters - NEW YORK, Aug 10 (Reuters) - The yen turned down against the dollar after the Federal Reserve injected cash into the banking system for a second time on Friday, supporting stocks and reassuring nervous financial markets. The dollar was up 0.1 percent …

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Top Forex News Sites

Top Forex News Sites
Colleyville Courier - http://www.findyourresearch.com/ Money In Your Pocket - Find out How Forex , stocks, CFD’s or futures. If you trade at all you NEED to read this so that your bank account grows and Grows and GROWS. Allthingsforex.COM - Forex News and More Forex News …

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Forex - Euro Weakened Against Dollar In Early Asian Deals []

Forex - Euro Weakened Against Dollar In Early Asian Deals []
RTT News - 8/16/2007 2:08:51 AM Extending Wednesday’s losses, the European currency remained lower against its US counterpart in the early Asian deals on Thursday. Moving from the New York session close of 1.3443, the pair touched as low as 1.3385 by about 11 …

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FOREX-Yen retreats as carry trade regains favor

FOREX-Yen retreats as carry trade regains favor
Reuters - NEW YORK, Aug 22 (Reuters) - The yen fell and high-yielding currencies rose on Wednesday as growing expectations of a U.S. rate cut to ease tight liquidity conditions instilled a sense of calm and prompted investors to reenter risky carry trades. Sen …

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Forex - Dollar struggles as US data yet to reflect credit troubles

Forex - Dollar struggles as US data yet to reflect credit troubles
Forbes - LONDON (Thomson Financial) - The dollar struggled after a fleeting boost from unexpectedly strong home sales, on fears that the data has yet to reflect the recent subprime troubles, and as the safe haven flows that it had enjoyed eased. The much …

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Forex - Asia currency summary

Forex - Asia currency summary
CNBC - BEIJING (XFN-ASIA) - Asian currency rates against the US dollar at 0900 GMT (vs previous late levels): -Australian dollar: 1.2133 (1.2011) -Hong Kong dollar: 7.8013 (7.8023) -Indian rupee: 41.125 (40.980) -Indonesian rupiah: 9,398.0 (9,388.0 …

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FOREX-Yen slips vs dollar, euro as Wall Street rallies

FOREX-Yen slips vs dollar, euro as Wall Street rallies
Reuters - NEW YORK, Aug 29 (Reuters) - The yen slid against the euro and the dollar on Wednesday, reversing two days of gains, as investors took recovering U.S. stock markets as a cue to slash short-term bets that the Japanese currency would strengthen …

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