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Saturday, 04 September 2010 |
A more stable, not flexible, yuan would help China's effort to internationalize the currency while foreign pressure on faster yuan appreciation is "counter-productive", Ronald McKinnon, professor of international economics at Stanford University, said on Thursday
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Saturday, 04 September 2010 |
Maintaining the relative stability of major reserve currencies and ensuring fiscal sustainability are important in order to achieve strong and balanced global growth, China and India said
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Saturday, 04 September 2010 |
Sep 3, 2010 11:42 PM GMT+0300 - The dollar and yen fell against most major counterparts as U.S. private employers added more jobs than forecast in August, easing concern the recovery in the world’s biggest economy is slowing and fueling risk appetite
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Friday, 03 September 2010 |
Friday in early European deals, the euro strengthened against other major currencies as equities rose ahead of key U.S. jobs data due later in the day. The euro jumped to a 2-day high against the yen.
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Friday, 03 September 2010 |
Japanese Yen intervention looks unlikely after capital spending soared in the second quarter. A quiet European session looks likely, with all eyes on the US jobs report as traders size up the prospects for the global recovery
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Friday, 03 September 2010 |
Sep 2, 2010 11:58 PM GMT+0300 -The dollar fell against 13 of its 16 major counterparts after pending U.S. home resales unexpectedly rose, signaling the housing market may start to stabilize and boosting investor appetite for higher-yielding assets
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Thursday, 02 September 2010 |
The euro is largely holding on to gains it made against the dollar after manufacturing reports from the U.S. and China helped calm fears of a slowing global recovery.
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Thursday, 02 September 2010 |
The Euro inched lower in Asian trade and cues from risk sentiment pointing to further weakness, with a rate decision from the European Central Bank and the release of revised Euro Zone GDP figures likely to
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Thursday, 02 September 2010 |
A three-year report into currency dealing shows rapid growth in trading, with the majority of business happening in London.
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Thursday, 02 September 2010 |
Foreign-exchange trading rose to $4 trillion a day on average even as growth in the market slowed in the three years through April, a Bank for International Settlements survey showed. Trading increased 20 percent, down from a 72 percent pace in the three years to 2007, according to
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Thursday, 02 September 2010 |
Sep 2, 2010 12:03 AM GMT+0300 - The dollar and yen fell against most of their major counterparts as reports showed manufacturing in the U.S. and China accelerated, spurring demand for higher- yielding assets. The Aussie advanced to a three-week high against the
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