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Greenback unable to close the five day-rally on the market’s fed slump

The Dow Jones FXCM Dollar Index has suffered a serious influence in the last five days. Risk trends have shown a little progress in the past session and the Fed announced that its MBS purchases will...

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Yen strengthens its positions against the dollar

The yen succeeded to strengthen its position against the dollar and has reached the strongest level in the last week as the second round of easing of the Bank of Japan disappointed investors. The Bank...

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Yen vs. dollar reaches a 4 month low level

Thursday, the yen managed to reach a four-month low level on the Japanese importers selling the currency. The rest of the major currencies remained steady as investors looked to crucial events in the...

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Euro dangles near 2-month low vs. dollar

The euro became loose near a two-month low versus the greenback on Tuesday and with an outlook clouded by the Parliament of Greece that voted the steps of austerity needed to improve the situation of...

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Euro weakens against Dollar before the ECB meeting

The rally between the euro and the dollar reached a two-month low level as the European Central Bank is ready to announce the interest-rate decision after Mario Draghi stated that the crisis has...

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Euro drops to a two-month low level

The euro currency falls to a two-month low level against the greenback and the Swiss franc while the European finance ministers try to decide how to offer additional financial help to Greece,...

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Yen falls to a 6-month low level

The yen dropped to the lowest level in the last six months against the dollar. The prospects of the Japanese elections expected the next month will transfer power to the opposite party that pleads to...

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Euro strengthens position after US budget talk

Euro strengthened its position at the strongest level this month against the dollar after the US lawmakers reached an agreement regarding the fiscal cliff, reducing demand for safe assets. The European...

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Greenback weakens against Euro after Greek buyback

The European currency managed to improve its position against the dollar in the last six weeks after the extension of Greek’s debt and the falling of the borrowing costs for the euro zone countries....

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European currency slips before ECB meeting. Jobs data lift the Australian Dollar

The European currency slipped in Asian Trade, moving away from a seven-week high period against the Greenback and a 7-1/2 month high against the yen before the ECB meeting. The European Central Bank is...

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