Foreign Exchange Markets

Dow Jones Tumbles Lead to Further US Dollar, Japanese Yen Strength

dailyfx.com
5 hrs ago 2 related
        

Written by David Rodriguez, Quantitative Analyst The US Dow Jones Industrials Average opened the week a good deal above long-term support levels, but a substantial decline threatens to take the Dow to fresh lows through...

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Central Bank Devalues Ruble Twice During Course of Week

sptimes.ru
1 hr ago 1 related
        

Staff Writer MOSCOW — The Central Bank on Friday allowed the ruble to depreciate for the second time in a week and said it would raise key interest rates in an effort to reduce capital outflows. The trading corridor of the...

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China's economy shrinks

newstrackindia.com
9 hrs ago 7 related
        

Beijing, Dec 1 (Xinhua) The Purchasing Managers' Index (PMI) of China's manufacturing sector dropped to 38. 8 percent in November, down 5. 8 percentage points from October, indicating that the country's economy has further...

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Dollar down on dire US data

news.com.au
1 hr ago 1 related
        

THE dollar opened weaker as the worst US manufacturing activity report in 26 years added to evidence the US was already in recession. A smaller than expected interest rate cut from the Reserve Bank of Australia (RBA) today is...

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atimes.com: Asia Time Online - Daily News atimes.com

Japan returns to deflation brink

atimes.com
45 mins ago 5 related
        

Japan is facing a return to the economy-wrecking effects of declining prices under the pressure of a stronger yen and falling global demand for its exports. Easing demand at home from an ageing population adds to concern. -...

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NewsWatch: Shares in Europe fall as investors eye downbeat data

marketwatch.com
8 hrs ago 5 related
        

European shares start December on a downbeat note Monday, with miners under pressure following more glum news on the Chinese economy, although Aer Lingus manage to buck the lower trend after a fresh bid from Ryanair.

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Precious metals slide across the board

theglobeandmail.com
1 hr ago 1 related
        

FRANK TANG AND JAN HARVEY NEW YORK, LONDON — Precious metals prices fell across the board Monday, with gold and silver hitting 10-day lows, as a sharply lower stock market and a higher U.S. dollar triggered a selloff in all...

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Loonie shakes political jitters, levels on GDP

theglobeandmail.com
7 hrs ago 3 related
        

VIRGINIA GALT Globe and Mail Update Political uncertainty, economic gloom and falling oil prices dragged the Canadian dollar down early Monday, but the fall was buffered by a report that Canada's economy performed better than...

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yahoo.com: Reuters Deals Today yahoo.com

INSTANT VIEW 1-Bernanke warns U.S. economy under strain

finanznachrichten.de
2 hrs ago 1 related
        

NEW YORK, Dec 1 (Reuters) - Federal Reserve Chairman Ben Bernanke warned on Monday that the U.S. economy remained under considerable strain and said that policy-makers must be ready to take decisive action to protect jobs and...

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Australian Dollar Could Fall on Reserve Bank of Australia's (RBA) Rate Cut Tonight

dailyfx.com
2 hrs ago 9 related
        

Written by Terri Belkas, Currency Strategist The Reserve Bank of Australia is anticipated to cut rates for the fourth time in as many months at 22:30 ET on Monday, with a Bloomberg News poll of economists calling for a 75 basis...

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