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EUR/USD: Euro rose on well-received Spanish and French auctions, trading flat this morning
For the 24 hours to 23:00 GMT, EUR rose 0.16% against the USD and closed at 1.3461, as investor sentiment was lifted after the Spanish bond auction met its target sale. Spain sold €3.75 billion ($5 billion) of government bonds, … Continue reading
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EUR/USD: Euro rises after Central Banks’ announce joint liquidity measures
For the 24 hours to 23:00 GMT, EUR rose 0.84% against the USD and closed at 1.3439, after the coordinated central bank action to make more funds available to lenders to help contain the Europe’s debt crisis. The U.S. Federal … Continue reading
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EUR/USD: Euro trading flat this morning, Investors eye German retail sales and EU unemployment data
For the 24 hours to 23:00 GMT, EUR rose 0.08% against the USD and closed at 1.3327. However, gains in euro were limited after the European Central Bank (ECB) failed to fully offset its purchases of Euro-zone government bonds, highlighting … Continue reading
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EUR/USD: Euro fell after warning from Moody’s, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.06% against the USD and closed at 1.3317. Euro came under pressure, after Moody’s Investors Service cautioned that the rapid acceleration of the Euro-zone sovereign and banking crisis threatens the credit … Continue reading
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EUR/USD: Euro rises amid news that IMF was preparing an aid package for Italy
For the 24 hours to 23:00 GMT, EUR declined 0.85% against the USD, on Friday, and closed at 1.3231, as a meeting of the leaders of the Euro-zone’s three biggest economies failed to offer a near-term solution to the worsening … Continue reading
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EUR/USD: Euro trading lower on mounting sovereign debt woes
For the 24 hours to 23:00 GMT, EUR rose marginally against the USD and closed at 1.3344, after a report showed that German business confidence improved unexpectedly in November, indicating that the Euro-zone’s largest economy is coping with the debt … Continue reading
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EUR/USD: Euro fell after weak German bond sale, trading higher this morning
For the 24 hours to 23:00 GMT, EUR declined 1.27% against the USD and closed at 1.3342, as a weak German bond auction disappointed investors. The Euro also came under pressure, following reports that Belgium and France were in fresh … Continue reading
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EUR/USD: Euro advanced following IMF’s revamp of its credit-line program, trading lower this morning
For the 24 hours to 23:00 GMT, EUR rose 0.22% against the USD and closed at 1.3514, after the International Monetary Fund revamped its credit-line program to improve liquidity and financing needs for its members, a move seen as a … Continue reading
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EUR/USD: Euro continues to decline, following warning about France’s credit rating
For the 24 hours to 23:00 GMT, EUR declined 0.23% against the USD and closed at 1.3485, as concerns over France losing its AAA credit rating spurred investors’ to flock to safe-havens assets. Moody’s Investors Service cautioned that rising French … Continue reading
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EUR/USD: Euro extends its Friday’s gains, amid hope of reforms in Italy
For the 24 hours to 23:00 GMT, EUR rose 0.30% against the USD, on Friday, and closed at 1.3510, amid hopes that technocrats in Italy can assist the nation avert a sovereign debt crisis. New Italian Prime Minister, Mario Monti … Continue reading
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EUR/USD: Euro continues to rise despite rising Italian, Spanish yields
For the 24 hours to 23:00 GMT, EUR rose 0.14% against the USD and closed at 1.3470, as relatively upbeat U.S. economic boosted appetite for riskier assets. Meanwhile investors remained concerned over unsustainable borrowing costs in Italy. Spanish and French … Continue reading
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