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Archive for December, 2009

(RTTNews) - Crude oil finished slightly higher amid hopes economic recovery will improve energy demand. Oil finished the week and the year notably higher. Light sweet crude oil finished at $79.36 per barrel, up 8 cents for the session. Prices briefly …

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The infamous US Nonfarm Payrolls report headlines a busy week of economic event risk and sets the stage for strong US Dollar volatility in the days ahead. The first dose of event-driven volatility will likely come on Monday’s US ISM Manufacturing …

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(RTTNews) - The euro moved to the downside against other majors on Thursday in New York as global equities moved lower on light volume, reducing the appeal of riskier currencies. There is no major economic news expected from the Eurozone today and …

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(”=WORLD FOREX:Dollar Exits 2009 With Biggest Monthly Gain Vs Euro, Yen,” published at 1:13 p.m. EST Thursday misstated the U.K. pound’s day-earlier level against the dollar, in the seventh paragraph. The correct version follows.) NEW YORK (Dow Jones …

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NEW YORK, Dec 31 (Reuters) - The dollar rose to its highest level in more than three months against the yen on Thursday in holiday-thinned trading after data showed U.S. jobless claims fell to their lowest since mid-2008, affirming optimism about the …

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In 2008, a substantial deterioration of the global economy led to a considerable appreciation of the U.S. dollar against other major currencies. In general, periods of economic uncertainty prompt an increase in investor’s demand for less-risky …

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NEW YORK, Dec 31 (Reuters) - The dollar rose to its highest level in more than three months against the yen on Thursday in holiday-thinned trading after data showed U.S. jobless claims fell to their lowest since mid-2008, affirming optimism about the …

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FXstreet.com (Córdoba) – The Pound bottomed during 2009 at 1.3502 on January and peaked at 1.7045 in August. A year ago GBP/USD closed at 1.4600/40, which shows that the Pound gained 10% during 2009. Cable failed during the second half of the year …

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NEW YORK (Dow Jones)–The dollar exited 2009 with the biggest monthly gains against the euro and the yen in almost a year as signs of a faster recovery in U.S. labor markets fueled expectations the Federal Reserve will lift interest rates sooner than …

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FXstreet.com (Buenos Aires) –EUR/USD has traded between 1.2455 and 1.5144 level this year, with a general bullish tone since that 1.2455 low form past March 2009. According to the ecPulse.com team if a Fibonacci retracement is apply to such rally …

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