By Katie Martin LONDON (Dow Jones)--The dollar has climbed against most other major currencies in the European trading session, as investors showed relief ...
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WORLD FOREX: Profit-taking Pushes Dollar Higher
Source: online.wsj.com
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Vulnerable to External Influences – The Economic State of Australia (Part II)
By MoneyMorning.com.au [Ed Note: You can read Part I here] The commodity boom has created a “two track” economy. The mining and...
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Dukascopy Morning Forex Overview - Sept 02 09
Previous session overview The euro and dollar fell to fresh seven-week lows against the yen in Asia Wednesday as investors wary of further falls in global share prices bought the safe-haven Japanese unit. In morning trade, Japanese institutional investors reacted to an overnight slide in the Dow...
Pimco’s El-Erian: Fed unlikely to raise rates this year
Of course, he’s talking his book, but more than likely he has it right, saying it is unlikely the Fed will hike rates this year. The market got a bit excited earlier this week at the notion that a hike could come before year-end but those hopes have moderated. Further, El-Erian says the...
Bangladesh Bank Lifts Repo Rate 50bps to 7.75%
The Central Bank of Bangladesh increased its repurchase rate by 50 basis points to 7.75% from 7.25% previously; also lifting the reverse repo rate...