Posts published in January 2012

Australian Dollar Gains After Weeks of Losses

The Australian dollar gained against the US dollar and the Japanese yen this week after several weeks of losses. The Aussie ended flat against the euro after a long stretch of weekly gains. The Australian…

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Pound Climbs on Retail Sales & Worries About Europe

The Great Britain pound jumped as UK retail sales rose last month, while concerns about the future of the European Union increased demand for the sterling as a haven from the sovereign-debt crisis in Europe. British…

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Euro Drops as Greek Debt Talks Resume

Euro is dropping, falling from highs not seen for two weeks, as Greek debt talks resume. They’re still working out the details with private bondholders on how to proceed. The euro’s…

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Japanese Yen Mixed as Uncertainty Creeps In

Japanese yen is mixed today, heading higher against the euro, but lower against the US dollar and the UK pound. Uncertainty about Greece is creeping into the picture, weighing on the euro,…

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Euro Breaks through 1.29 Level

Euro is breaking higher today, moving through the 1.29 level against the US dollar. Good news regarding debt auctions in Europe, plus good labor market news in the United States,…

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