Archive for March 5th, 2010


France24
US deficit tops Obama forecast by 1.2 trillion US dollars: CBO
Sydney Morning Herald
The US government budget deficit for the next decade is expected to be wider by 1.2 trillions US dollars than projected by President Barack Obama's
US deficit tops Obama's forecast by US$1.2 trillion: CBOChannel News Asia
US deficit, debt to exceed Obama forecasts: CBOSydney Morning Herald

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New Zealand Dollar To Underperform Ahead of RBNZ Rate Decision
Daily FX
The New Zealand dollar remains the worst performing currency amongst the commodity bloc, and the exchange rate is likely to face increased volatility over

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DOLLAR BULLS ARE LOOKING BEYOND FEB PAYROLLS
NASDAQ
The improvement in risk appetite helped to drive currency traders out of the safety of US dollars and back into higher yielding and riskier currencies such

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Dollar and precious metals at a glance
BusinessWeek
NEW YORK Key currency exchange rates Friday, compared with late Thursday in New York: Dollar vs: Exchange Rate Pvs Day Yen 90.38 89.10 Euro $1.3624 $1.3576
Dollar and precious metals at a glanceBusinessWeek

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Forex Connect: Monetary Policy Pulling on a String
ForexTV.com
Liquidity Traps turn monetary policy into “pushing on a string” which much of the last 2 years demonstrated (in this case MP was effective in driving risk

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Globe and Mail

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Globe and Mail
Dollar lower on better-than-expected jobs report
The Associated Press
"Although the knee-jerk reaction was to buy (US dollars) on a positive number, the concern over the Greek debt crisis kept action in the (euro) and (dollar)
Gold ends lower on strong dollarPeople’s Daily Online
Gold ends slightly higher as dollar retreatsFocus News
Dollar weakens as US jobs data fuels risk takingInquirer.net

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FXWRAP: Dlr Mixed, Yen Lower As Payrolls Data Heartens
Market News International
Such has been the nature of currency trading in recent weeks as yesterday's hero becomes today's pariah. In afternoon dealings Friday, the pound was trading

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ECB's Constancio Not Opposed to Foreign Exchange Intervention
BusinessWeek
“Episodes of overshooting and undershooting” may “develop in exchange-rate markets, which may have an impact on price trends,” Constancio told the European
RPT-FX risk to inflation could merit ECB move-ConstancioReuters

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Globe and Mail
FOREX-Dollar rises vs yen as US jobs data boosts optimism
Reuters
NEW YORK, March 5 (Reuters) – The dollar soared against the yen on Friday after a government report showed US employers cut fewer jobs
WORLD FOREX: Dollar Up Vs Yen, Euro Little-Changed Post JobsWall Street Journal
Forex AnalysisForex Hound
WORLD FOREX: Euro Edges Lower Vs Dollar As Banks Take ProfitsMarketWatch
Reuters -Wall Street Journal
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