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Archive for June 5th, 2009

Mumbai: India’s forex reserves rose by $ 1.667 billion to $ 262.306 billion, for the week ended May 29, as compared to $ 260.639 billion in the previous week. Reserves had gone up by $ 6 billion for the week ended May 22 after falling by $ 1.734 …

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The European Central Bank defended its independence on Thursday (4 June) as doubts grow over how long current Eurogroup chairman Jean-Claude Juncker will remain in his post. Speaking after a two-day meeting of the ECB’s governing board, the bank’s …

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NEW YORK, June 5 (Reuters) - The dollar on Friday posted its largest one-day gain against a basket of currencies in more than five months after data showed the United States shed fewer jobs than expected in May, boosting hopes for an economic …

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FXstreet.com (Córdoba) – Dollar keeps rising against the Yen. USD/JPY recently broke above 98.50 and went to 98.81 hitting the highest price since May 11th. So far today the pair has risen 2.15% from the opening price. The rally started after the …

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NEW YORK, June 5 (Reuters) - The dollar rallied on Friday, on track for its largest weekly gain in nearly two months against a currency basket, after data showed the United States shed fewer jobs than expected, boosting hopes for an economic recovery …

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NEW YORK, June 5 (Reuters) - The dollar rallied on Friday, on track for its largest weekly gain in nearly two months against a currency basket, after data showed the United States shed fewer jobs than expected, boosting hopes for an economic recovery …

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FXstreet.com (Córdoba) – Dollar keeps rising across the board. Against the Franc Swiss is extending previous gains mostly achieved after the release of the Non Farm Payroll before the opening bell in Wall Street. USD/CHF is rising 1.50% so far …

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FXstreet.com (Córdoba) – Dollar got stronger in the last minutes and fall below 1.4000 again and currently is testing the support at 1.3975 (intra-day low). So far today the pair is falling 1.40% from the opening price. The Euro started to fall …

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MONTREAL , June 5 /PRNewswire/ - FX or Forex trading refers to trading on the Foreign Exchange Market. This is the market where foreign currency is traded. As cash has the most liquidity, this market is the most liquid of the financial markets in the …

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FXstreet.com (Barcelona) - After falling around 300 pips from 1.4270 to find support at 1.3970 on better than expected US May NFP data, the EUR/USD has begun to rise to test 1.4040 level. Currently the pair has been rejected by this level and it is …

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