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Yen Falls as Investors Less Scared of QE End
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The Japanese yen fell today as comments of US policy makers made investors less scared and reduced demand for the currency as a safe haven. Not that need for safety was helping the yen previously. US policy makers were trying to hush speculations about an end to quantitative easing. They were successful to some degree. […]

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Yen Drops on Good News from USA & China
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The Japanese yen was soft today amid positive macroeconomic reports from the United States and signs that China will take steps to stabilize the banking system. Positive data from the USA boosted the dollar as well as some higher-yielding currencies. The People’s Bank of China injected liquidity to some financial institution and signaled that the […]

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Pound Falls as Current-Account Deficit Widens
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The Great Britain pound dropped today as the current account deficit widened unexpectedly last quarter, leading to concerns about sustainability of economic growth. UK economic growth remained unrevised in the final estimate, showing 0.3 percent increase in the first quarter of 2013 after the contraction by 0.2 percent in the preceding quarter. Yet the current […]

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UK Pound Drops on Weak Economic News
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UK pound is heading lower against the US dollar today, dropping as weak economic news weighs. On top of that, it’s not helping that a Bank of England policymaker is publicly calling for more asset purchases to help stimulate the flaggin economy. David Miles, one of the policymakers on the Bank of England’s Monetary Policy […]

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Euro Gets Boost After Confidence Report
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Euro is getting a boost today, thanks in part to the latest confidence report out of the eurozone. Also helping the situation for the euro is the fact that there has been some improvement in Germany’s numbers as well. If consumers are getting ready to spend, and if things are improving in Germany, there is […]

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Draghi Promises to Remain Accommodative; Euro Drops
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Bonds in the euro area are on the rise, and the euro is losing ground, thanks to the latest remarks by Mario Draghi. He’s promised to keep monetary policy accommodative, and that means a lower euro for now. President of the European Central Bank, Mario Draghi, has said that monetary policy will remain accommodative. Many […]

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