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Text Size EU Morning Report Dollar falls to record lows against yen, focus turns to BoJ The US dollar edged lower against its major counterparts on fears the US economy may slide back into recession. Risk appetite remains weak, world equities turned
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Text Size EU Morning Report Japanese yen plummets after the Bank of Japan intervention The US dollar strengthened against a basket of currencies today. ADP Employment Change in July gave support to the greenback after it revealed higher than expected
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Text Size EU Morning Report Lack of US debt ceiling plan weighs on the dollar The US dollar fell against its major counterparts weighed by the lack of an agreement on the US debt ceiling. The US risks of losing its AAA rating if a plan is not agreed
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Text Size Attention turns to the EU leaders meeting The euro edged higher on rising hopes that the EU leaders will find an agreement on the eurozone debt crisis during their meeting in Brussels today. French President Sarkozy and German Chancellor
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Text Size EU Morning Report The dollar plummeted after Bernanke's dovish tone The US dollar fell during the US session after rating agency Moody's warned that the United States may lose its Aaa credit rating. Moody's action to place the US rating
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Text Size EU Morning Report Attention turns to today's Non Farm Payrolls report The euro rose yesterday recovering some of its losses after the European Central Bank meeting yesterday. The ECB hiked the rates by 25 basis points to 1.50% in an effort
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Text Size EU Morning Report Euro remains firm on expectations for an interest rate hike The euro rallied after the second phase of the austerity vote in Greece was completed and the Greek parliament voted in favor of the legislation for the
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Text Size EU Morning Report Attention turns to today's Non Farm Payrolls report The euro rose yesterday recovering some of its losses after the European Central Bank meeting yesterday. The ECB hiked the rates by 25 basis points to 1.50% in an effort
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Text Size EU Morning Report Attention turns to today's Non Farm Payrolls report The euro rose yesterday recovering some of its losses after the European Central Bank meeting yesterday. The ECB hiked the rates by 25 basis points to 1.50% in an effort
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Text Size EU Morning Report The dollar slides on weak economic data The euro plummeted during yesterday's US session after ECB's Jean-Claude Juncker said that Greece may not receive the next tranche of financial aid by the International Monetary Fund
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