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Archive for February 4th, 2010

TOKYO (MarketWatch) — The Swiss franc fell to multi-month lows against the euro and dollar in Asia Friday as market participants said Switzerland’s central bank made a rare and aggressive intervention to curb its currency. The euro spiked around …

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PR Log (Press Release) – Feb 05, 2010 – The economy has slowly started to lift itself up from the deep chasm of recession. Many are looking to automated forex system trading like Usd Bot. Many are still skeptical on the type of risk to be taken …

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TOKYO, Feb 5 (Reuters) - The euro leapt against the Swiss franc on Friday on rumours of Swiss intervention, after earlier plunging to a 15-month low against the franc and tumbling to its lowest level in more than eight months against the dollar …

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BRASILIA, Feb 4 (Reuters)- Brazil’s government is mulling changes in the foreign exchange rules as part of a long-term plan to make the real a fully convertible currency, though market demand will be the key driver for those changes, a top finance …

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A growing trend of global recovery, expectations for Renminbi appreciation, interest margin between Renminbi and foreign currency and rapidly rising asset prices will lead to an increase in cross-border capital inflow, said Yi Gang, head of the State …

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Suggested high of 1.4815 in EUR/CHF Forex: GBP/USD recovering after earlier losses. Current price 1.57489 How’s this for price action?? FXstreet.com (Sydney) – The GBP has recovered some of its earlier losses against the USD and is trading at 1 …

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FXstreet.com (Sydney) – The EUR has continued to tumble against the dollar and has fallen below 1.3700 for the first time since May last year. The pair could not hold its head above the 1.3720 it had earlier opened at before the pair fell to an …

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(RTTNews) - The Reserve Bank of Australia is predicting modest increases in inflation and gross domestic product, along with a moderation in joblessness. The RBA issued its quarterly Monetary Policy Statement Friday in Sydney, saying that if the …

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Foreign Ministry spokesman Ma Zhaoxu said China did not deliberately pursue a trade surplus with the United States. “At the moment, looking at international balance of payments and forex market supply and demand, the level of the yuan is close to …

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(RTTNews) - The dollar soared to fresh multi-month highs versus the euro and sterling on Thursday as traders reacted to discouraging US jobs data and key interest rate decisions from across the Atlantic. However, it was likely that deepening concerns …

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