360° Coverage : Forex: European Equities Optimistic but European Currencies Lag

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Forex: European Equities Optimistic but European Currencies Lag

Source: DailyFX, Dec 10 2012, 7:36am CST

The Euro was already looking weak headed into the new week, having just come off two days of significant declines in a row as a result of the disappointing European Central Bank Rate Decision on Thursday. With ...

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Update
10

4 hours ago

Daily Market Commentary – May 21, 2013

Source: Forex Crunch  |   May 21 2013, 4:20am CDT

A quiet trading overnight as the major currencies traded in subdued ranges. The Reserve Bank of Australia released their latest meeting’s minutes, which stated that “conditions in the business sector, as assessed ...

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Update
9

4 hours ago

Welcoming good news for sterling?

Source: Forex Crunch  |   May 21 2013, 4:11am CDT

GBP: The inflation data today will be a key focus, with PPI (producer prices) also released. We would agree with the market view that CPI inflation should moderate from 2.8% to 2.6%. If seen, this would be the first fall i ...

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Update
8

5 hours ago

British inflation slides – GBP/USD Gaps Lower

Source: Forex Crunch  |   May 21 2013, 3:30am CDT

Annual CPI was expected to drop from 2.8% to 2.6%. The Retail Price Index (RPI) was predicted to slide from 3.3% to 3.1%. Core CPI should have fallen from 2.4% to 2.3%. GBP/USD traded around 1.5230, falling from the highs of 1.5280. Earlier in the ...

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Update
7

7 hours ago

FOREX-Dollar regains ground after Japan economy minister clarifies yen comments

Source: CNBC  |   May 21 2013, 1:09am CDT

* Japanese econ minister says he hopes FX market can find 'balance' TOKYO, May 21 (Reuters) - The dollar edged up against the yen on Tuesday after Japan's economy minister clarified earlier remarks about the ...

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Update
6

8 hours ago

RANsquawk - DAILY EUROPEAN OPENING NEWS 21/05/13

Source: CME Group  |   May 21 2013, 12:53am CDT

Japanese Economic Minister Amari said he cannot say when correction from strong JPY will end. (Newswires) he added that he hopes market finds balance on exchange rate and that it may be hard to lower corporate taxation due to fiscal position. ...

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Update
5

17 hours ago

Dollar Weakens on Japanese Minister Comments and Other Top Forex News.

Source: Forex News  |   May 20 2013, 3:04pm CDT

The dollar weakened against most of its major rivals on Monday, after japanese economy minister, Akira Amari said that further depreciation of the yen could harm Japan’s economy. The Bank of Japan has enacted massive monetary easing ...

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Update
4

21 hours ago

Why This European ETF Has The Potential To Surge Further

Source: ETF daily news  |   May 20 2013, 11:35am CDT

After relentless efforts by policymakers across the Atlantic, European markets are finally showing some sort of resilience. This has been especially true from the second half of last fiscal year after quite a fo ...

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Update
3

22 hours ago

EURO GOVT-Positive U.S. data weighs on safe-haven Bunds

Source: Reuters Mobile  |   May 20 2013, 10:47am CDT

* Upbeat U.S. consumer data sours appetite for safe-haven debt LONDON, May 20 (Reuters) - Low-risk German Bunds fell on Monday in the wake of upbeat U.S. data last week that eased concern about growth in the world's biggest ...

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Update
2

1 day ago

USD/JPY retreats on comments from Amari

Source: Forex Crunch  |   May 20 2013, 4:10am CDT

The USD/JPY has held the spotlight overnight, as the move towards 103.00 was slowed after comments made by Japan’s Economy Minister Akira Amari. He stated concern over the recent depreciation of the Japanese currency. He stated that the “excessive JPY ...

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Update
1

1 day ago

GBP/USD Outlook – May 20-24

Source: Forex Crunch  |   May 19 2013, 9:09am CDT

The pound’s troubles continue, as the currency lost almost two cents against the US dollar this week. GBP/USD closed the week at 1.5168. The upcoming week is a busy one, and the highlights include CPI, Retail Sales and GDP. Here is an outlook of the even ...

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