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Archive for May, 2009

The US dollar, euro, British pound, Australian dollar, and Canadian dollar all face very high event risk next week due to employment reports and a total of four rate decision. The US dollar, euro, British pound, Australian dollar, and Canadian dollar …

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May 29 (Bloomberg) — Australia’s dollar touched a level above 80 U.S. cents, heading for a record monthly advance, as investor confidence spurred purchases of higher-yielding assets. New Zealand’s dollar reached a seven-month high. The …

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FXstreet.com (Barcelona) - EUR/USD has reached a new 5-month high at 1.4170 but it has been rejects strongly about 70 pips to tests 1.4100 level. Currently the pair is trading around 1.4125/35, 1.30% above todays opening price. Valeria bednarik …

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MUMBAI: Indias forex reserves climbed by a whopping $6.432 billion to $260.639 billion for the week ended May 22, as compared to $254.207 billion in the previous week. Reserves had dipped by $1.734 billion for the week ended May 15. Foreign currency …

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FXstreet.com (Barcelona) - After falls 120 pips from 1.6175 to find support at 1.6055, GBP/USD has begun to rise to 1.6165. Currently the pair is trading around 1.6140/50, 1.25% above todays opening price. This week, Cable is continuing the last …

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MARRAKECH, Morocco, May 29 (Reuters) - The United Arab Emirates is not diversifying its foreign currency reserves away from the dollar and its real estate problems have been exaggerated, the central bank chief said on Friday. Gulf countries have seen …

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NEW YORK, May 29 (Reuters) - The U.S. dollar fell to five-month lows against a basket of currencies on Friday as an advance in global equities and signs of an easing global recession drove investors to snap up higher-yielding currencies and riskier …

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NEW YORK, May 29 (Reuters) - The U.S. dollar fell to five-month lows against a basket of currencies on Friday as an advance in global equities and signs of an easing global recession drove investors to snap up higher-yielding currencies and riskier …

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Fxstreet.com (Barcelona) - After finding support at 1.4070 from its 65 pips declines from 1.4135, EUR/USD has rebounded strongly to break 1.4135 level and post 1.4165 as new 5-month high. Currently the pair is trading around 1.4145/55, 1.45% above …

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ZURICH, May 29 (Reuters) - A Swiss court has declared foreign exchange brokerage Crown Forex bankrupt, the Swiss financial regulator said on Friday, warning that others could follow, given new requirements for forex providers. Financial regulator …

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