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2007 December

Archive forDecember, 2007

Forex - Dollar enjoys good run as risk appetites recover

Forex - Dollar enjoys good run as risk appetites recover
Forbes - LONDON (Thomson Financial) - The dollar continued to enjoy the good run it has seen all week, helped by some recovery in overall risk appetites, which saw the euro dropping below the 1.47 usd for the first time in 10 days. Rises in equity prices …

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Forex - US dollar mixed after Wall Street falls, JPMorgan downgrades …

Forex - US dollar mixed after Wall Street falls, JPMorgan downgrades …
FXStreet.com - SYDNEY (Thomson Financial) - The US dollar was mixed against major currencies halfway through the morning session in Sydney on Wednesday, after a mostly weaker performance overnight as Wall Street fell for the second session in a row on concerns the …

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Forex - Euro gains vs dollar after Trichet comments

Forex - Euro gains vs dollar after Trichet comments
Forbes - LONDON (Thomson Financial) - The euro gained sharply against the dollar after hawkish comments from European Central Bank President Jean-Claude Trichet. In a press conference following the ECB’s decision to leave the benchmark euro zone interest rate …

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Mid Day Forex Technical Report Sterling Lifted by Inflation Data …

Mid Day Forex Technical Report Sterling Lifted by Inflation Data …
FXStreet.com - Sterling rebounds against dollar today after strong inflation data released from UK. PPI output accelerated from 3.8% to 4.5% yoy in Nov, beating expectation of 4.2% and being highest pace since 1991. Output prices accelerated from 8.5% yoy to 10.3 …

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Forex - Dollar rises as Fed, other central banks move to shore up …

Forex - Dollar rises as Fed, other central banks move to shore up …
Forbes - LONDON (Thomson Financial) - The dollar strengthened after the Federal Reserve announced it will combine forces with four other central banks to shore up liquidity on financial markets. The Fed, in cooperation with the Bank of Canada, the Bank of …

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FOREX-Yen recovers as investors cautious on c.bank plan

FOREX-Yen recovers as investors cautious on c.bank plan
Reuters - LONDON, Dec 13 (Reuters) - The yen recovered from one-month lows versus the dollar and euro on Thursday as investors worried whether measures announced by major central banks on Wednesday would succeed in easing money market stress. Under the plan …

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Forex - Pound continues to drop after dovish BoE minutes, softer …

Forex - Pound continues to drop after dovish BoE minutes, softer …
Forbes - LONDON (Thomson Financial) - The pound weakened steadily after the publication of dovish Bank of England (BoE) minutes and a fall in the retail sales survey by the Confederation of British Industry (CBI). The BoE minutes showed its decision to cut …

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Forex - Ongoing fallout from BoE minutes pushes pound to fresh 3-mth …

Forex - Ongoing fallout from BoE minutes pushes pound to fresh 3-mth …
CNBC - LONDON (Thomson Financial) - The pound dropped to fresh three-month lows against the dollar as the fallout from yesterday’s dovish Bank of England minutes continued. The minutes showed the nine-member Monetary Policy Committee voted unanimously to …

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Malaysia’s mid-December forex reserves 101.1 billion US dollars

Malaysia’s mid-December forex reserves 101.1 billion US dollars
CNBC - KUALA LUMPUR (Thomson Financial) - The Malaysian central bank said Friday its international reserves stood at 101.1 billion US dollars as of mid-December, flat from the level recorded at end-November. The central bank’s reserves position is …

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FOREX-Yen hits six-week low, euro rises as trade thins

FOREX-Yen hits six-week low, euro rises as trade thins
Reuters - NEW YORK, Dec 24 (Reuters) - The yen dipped to a six-week low against the dollar on Monday and fell against the euro as a pre-Christmas equities rally boosted investors’ risk appetite. Sterling also fell to a record low against the euro for the …

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