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Diposting oleh d3nfx Kamis, 23 Februari 2012

Top Forex News


US Dollar Lower Across the Board

Posted: 23 Feb 2012 06:19 AM PST

A sheet of new hundred-dollar billsUS dollar is lower across the board as equities show some spunk today. US stock futures are expected to open higher, and British stocks are higher today. There is a measure of risk appetite today as Forex traders consider what could be positive economic data.

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Euro Rises as German Business Confidence Reaches Seven-Month Record

Posted: 23 Feb 2012 04:32 AM PST

Various euro denominationsThe euro advanced today as German business confidence this month reached the highest level in seven months, easing concerns about economic growth of the eurozone. The concerns haven’t completely disappeared, though, and the currency gave up some of its gains.(...)
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Rand Gains as South Africa Strives for Smaller Budget Deficit

Posted: 23 Feb 2012 03:55 AM PST

A lion on 50-rand noteThe South African rand gained today as South Africa may avoid credit rating downgrade from rating agencies by decreasing its budget deficit faster than was previously estimated.(...)
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Yen Falls as Traders Anticipate More Stimulus from Bank of Japan

Posted: 22 Feb 2012 02:11 PM PST

Many 10,000-yen notesThe Japanese yen slipped today versus the US dollar and the euro today as Forex traders were concerned that the Bank of Japan will continue expanding its asset purchase program to counter deflation.(...)
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Pound Slips as Minutes Show Probability of Quantitative Easing

Posted: 22 Feb 2012 10:17 AM PST

Great Britain pound symbolThe Great Britain pound erased its gains versus the Japanese yen and slumped against the US dollar and the euro today as the minutes of the Bank of England monetary policy meeting showed that some policy makers voted for a bigger increase of asset purchases.(...)
Read the rest of Pound Slips as Minutes Show Probability of Quantitative Easing (169 words)

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