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Jobless Claims Fall Again Showing Signs of a Recovering Economy
The Labor Department reported on Thursday, jobless claims numbers didn’t change between this week and last, keeping numbers down and seeing...
FOREX-Yen cuts earlier gains as it slides vs Aussie
The yen reversed steep early gains and slid on Monday in choppy trade as market players bought the Australian dollar against the Japanese currency ahead of an expected rate hike in Australia this week. The yen advanced broadly in early Asian trade, touching its highest levels in several weeks,...
Asian forex market wrap
IMF says Euro-zone banks need a recovery plan A very quiet morning has turned into a big down-day for the JPY crosses Initial gains on regional bourses turn into losses Some US Banks allowed to repay TARP China to ease rules on investment overseas by its citizens/corporations Australian job ads...
Chrysler sale to Fiat group gets Supreme Court go-ahead
This sale had been delayed as various interested parties took action in the Supreme Court but the deal is now set to be...
French industry output data much worse than expected
French April industry output fell a hefty -1.4% m/m, much worse than expected, versus median forecast of -0.2%. Data has dented risk appetite a little, with EUR/USD falling back below 1.4100 to 1.4085 at writing. Cable is back below 1.6400 at...