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Archive for  December 2012

  • FTSE 100 index falls as weak oils counter firm miners

    • News Desk
    • Dec 15th, 2012
    • Comments Off on FTSE 100 index falls as weak oils counter firm miners

    Britain's top shares eased modestly on Friday as weakness in the energy sector, following cautious broker comment, countered gains by the miners after strong manufacturing data from China. Such a balancing act mirrored investors desire

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  • Pound slips versus euro

    Sterling fell to its lowest in more than a week against the euro on Friday after Standard & Poor's lowered its outlook on UK government debt to negative, putting the UK's prized triple-A rating at

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  • Yen slips in Asia

    The yen slipped to nine-month lows on Friday as Japan looks set to get a prime minister keen to push for more money printing by the central bank to stimulate the moribund economy. Japanese media

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  • Yen weakens broadly

    The yen fell against the dollar and euro on Friday and looked vulnerable to further selling on expectations that the Bank of Japan will ease monetary policy aggressively in coming months. The euro was steady

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  • Early trade in New York: Dollar falls versus yen, euro

    • News Desk
    • Dec 15th, 2012
    • Comments Off on Early trade in New York: Dollar falls versus yen, euro

    The dollar fell from a near nine-month high against the yen and dropped for the fifth straight day against the euro on Friday after a US report on inflation showed prices fell in November for

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  • Dollar steadies in New York

    The dollar held steady against the euro on Thursday after falling for three straight days as investors refrained from actively selling the US currency due to uncertainty surrounding a looming fiscal crisis. The so-called "fiscal

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  • Swiss franc rises

    The Swiss franc pushed higher against the dollar on Friday adding to four straight sessions of gains and hitting its highest since early May after the US Federal Reserve said it would extend its bond

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  • Yuan weakens

    China's yuan weakened on Friday with bullish market sentiment curbed by what traders suspected was central bank intervention containing the currency's rise. The yuan closed at 6.2415 per dollar, down 0.1 percent from Thursday's close.

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  • US fiscal crisis worries weigh on Asian forex

    • News Desk
    • Dec 15th, 2012
    • Comments Off on US fiscal crisis worries weigh on Asian forex

    The South Korean won retreated from a 15-month high and most Asian currencies were steady to lower on Friday, hurt by concerns about the lack of progress in talks aimed at heading off a looming

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  • Australian and New Zealand dollars hold gains

    • News Desk
    • Dec 15th, 2012
    • Comments Off on Australian and New Zealand dollars hold gains

    The Australian and New Zealand dollars extended their already massive gains versus an embattled yen on Friday on growing expectations the Bank of Japan will step up its money-printing, putting the currencies on track to

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