By Don Curren Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The yen has risen to its highest level in more than a week as the greenback remains under broad ...
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WORLD FOREX: Yen Firm As Dollar Remains Under Pressure
June 16 2009, 7:21pm | Comments »
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Forex Market Update: US Dollar Remains Under Pressure as Risk ...
A broad rise across European equity markets boosted risk appetite and weighed heavily on the dollar. EUR/USD traded up to 1.4144 and Cable hit 1.6442 highs ...
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June 10 2009, 3:18pm | Comments »
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Usd/Jpy comes under renewed pressure
Usd/Jpy is attracting some selling interest currently, with 98.45 capping this morning’s rally, attention is now turning to the downside. US Yields are little changed from yesterday, a tad lower if anything, but Traders are looking to probe some sell stops located in the 97.75/80 area. Note too that the Japanese Retail FX market were short the Yen crosses as of Friday, but it seems a sell rallies mentality pervades, with exporters seen on the offer.
June 9 2009, 3:27pm | Comments »
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Forex Market Update: Euro Under Pressure as IMF Calls For Further ...
Despite the retreat in the dollar on Monday in NY, the dollar again re-asserted itself in Asian trading on Tuesday, led by fresh EUR losses in a delayed ...
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June 9 2009, 9:26am | Comments »
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EUR/JPY still under pressure
Not much respite so far for the cross, currently down at 136.15. Dealers tell me that there are lots of stops on the 135 handle, particularly under 135.20, if the fall continues. USD/JPY bids are reported at 97.25/50 but that’s a ways off yet.
June 9 2009, 6:28am | Comments »
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WORLD FOREX: Dollar Stands Firm; Politics Pressure Pound
By Katie Martin LONDON (Dow Jones)--The dollar has built on recent gains in European trading hours Monday, although sterling's post-election stumble has ...
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June 8 2009, 12:39pm | Comments »
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Cable under pressure
Cable is under heavy pressure early, presently down at 1.5870 from an early 1.5930. The USD is seeing across the board strength, while sterling is weak in it’s own right as the market continues to fret over Brown’s future. Technical support now lies at 1.5850/55. Could well be sell stops just below there.
June 8 2009, 9:14am | Comments »
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Forex Market Update: US Dollar Remains Under Pressure, Led by AUD ...
The USD remained under pressure, led by AUD then GBP, which made fresh trend highs of 0.8264 and 1.6624 respectively. The broad-based selling pressure on ...
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June 3 2009, 10:51am | Comments »
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