The Euro plunged against the US dollar in the overnight session – from a high of 1.2876. Currently trading at 1.2655, the single currency was able to sell off to a low of 1.2627 before rebounding a bit – after speculation heightened of another r 35 Vote(s) Read More Euro Plummets On SdanampP Downgrade Speculation
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Wall Street took a tumble today as J.P. Morgan posted 23% drop in fourth quarter earnings as revenues shrank. Investor look at J.P. Morgan to set the tone for the rest of financials as it is the first major bank to post quarterly results. The Dow 37 Vote(s) Read More Wall Street Takes a Tumble [...]
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The Euro received another hit and extended losses to fresh daily lows amid news wires citing EU sources warning of imminent multiple euro zone downgrades later today. 34 Vote(s) Read More EUR USD drops below 12700 on downgrades report
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The euro eased a touch against the dollar, meanwhile. On Thursday, the European Central Bank said its flood of cheap three-year loans is helping banks and supporting morale across the euro zone. Interest rates in the euro zone are unlikely to go … 36 Vote(s) Read More Gold eases as euro dips
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FXstreet.com (Barcelona) – USD/SGD is currently at 1.2881 off from 5-days lows printed early in the… For more information, read our latest forex news. Read More Forex USD SGD struggling with yesterdays lows around 12881
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FXstreet.com (Barcelona) – EUR/USD has broken higher above 1.2850 to test resistance at 1.2870. In… For more information, read our latest forex news. Read More Forex EUR USD on a second attempt higher in Asia
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Think tank warns that UK economy barely grew in the final quarter of 2011, as ECB President says giving lenders access to cheap, three-year loans had eased “major funding constraints” among European banks. Read More Debt crisis as it happened January 12, 2012
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FXstreet.com (Barcelona) – The single currency is resuming its momentum, sparked yesterday after… For more information, read our latest forex news. Read More Forex EUR USD trading firmly above 12800
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The British economy just about scraped growth in the fourth quarter of 2011 according to the National Institute of Economic and Social Research (NIESR), but weaker data elsewhere darkened the economic outlook. Read More UK grew 01pc in fourth quarter, says think tank Niesr
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