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Archive for  January 2010

  • South Korean treasury bonds lost ground on Friday as a strong stock market and bond sale plans prompted debt investors to take profit on recent gains. A softer tone on rate policy from the Bank

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    • News Desk
    • Jan 17th, 2010
    • Comments Off on US Treasury Outlook: bonds benefit in the first two weeks

    US Treasuries investors will watch in a holiday-shortened next week to see if bonds can continue recent price gains, driven by worries the economic recovery is slowing and by continued global demand for US debt.

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    • News Desk
    • Jan 17th, 2010
    • Comments Off on US Treasury Outlook: bonds benefit in the first two weeks

    US Treasuries investors will watch in a holiday-shortened next week to see if bonds can continue recent price gains, driven by worries the economic recovery is slowing and by continued global demand for US debt.

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  • US stocks slid on Friday after J.P. Morgan Chase & Co reported deep fourth-quarter loan losses and raised concerns about bank profits. Following a poor retail sales report earlier in the week, a weaker-than-expected Reuters/University

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  • Euribor bank-to-bank lending rates continued their downward march on Friday, after the European Central Bank left rates on hold at a record low 1 percent and signalled no plans to change them any time soon.

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  • The Canadian dollar retreated against the US currency on Friday, pressured by lower commodity prices, as the greenback gained broadly on US economic data. Oil, a key Canadian export, slipped to around $78 a barrel

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  • The South Korean won gained against the dollar on Thursday as rekindled hopes for a global economic recovery after firm Australia job data and eased woes on China's bank reserves requirements boosted appetite for riskier

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    • News Desk
    • Jan 17th, 2010
    • Comments Off on IMM speculators turn against US dollar in latest week

    Speculators turned against the US dollar in the latest week, according to Commodity Futures Trading Commission data released on Friday. The value of the dollar's net short position was around $2.7 billion in the week

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  • The US dollar gained against most major currencies on Friday, helped by US reports indicating a rise in manufacturing alongside stable consumer price inflation, while pressure on the euro persisted over concerns about the Greek

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    • News Desk
    • Jan 17th, 2010
    • Comments Off on East African currencies seen mostly weaker

    The Kenyan shilling was expected to hold steady against the dollar in the week to Wednesday, while the Ugandan and Tanzanian currencies were seen easing, traders said. KENYA Kenya's shilling was seen holding steady but

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