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: 24/01/08 21:28
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10/06/08 - Daily Forex Market News from cmsfx.com
Credit Crisis Spreads in Europe, Global Stocks Tumble Boosting Risk Aversion
Monday, October 6th, 2008
European governments rushed to shore up their faltering banks as the credit crunch continued to wreak havoc on financial institutions. A meeting of top EU leaders failed to hammer out a coordinated approach, two more firms needed to be rescued and stocks tumbled.
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Time
: 3 min
25
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: 06/10/08 20:39
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10/14/08 - Daily Forex Market News from cmsfx.com
Risk Appetite Continues in Markets, Yen Declines, Dollar Down vs Euro and Pound
Tuesday, October 14th, 2008
Stocks in Asia and Europe rose as investors continued to respond positively to steps taken by governments to stem the credit crisis. The Yen retreated on an increase in risk appetite. The US session reversed some of those sentiment as US stocks faltered in late trading.
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Time
: 4 min
46
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: 14/10/08 23:17
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Forex Video | News Trade Alert | January 6, 2009
Tuesday's release of results from the latest non-manufacturing purchasing manager surveys in the UK and US might draw some attention prior to Tuesday's London close, but it's likely that further contraction of the services sectors in those countries is already baked in. Although the release of Eurostat's flash estimate for euro area CPI is not typically known for sparking volatility on the euro, a downside surprise from that report could weigh on the common currency.
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: 3 min
15
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: 06/01/09 05:01
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12/24/08 - Daily Forex Market News from cmsfx.com
US Data Mixed, Currencies Stick to Ranges, Except Franc
Wednesday, December 24th, 2008
In light pre-holiday trading most currency pairs stuck to tight ranges and showed limited movement. The Franc rose against the Pound, while the Kiwi gained on the Yen. US data showed jobless claims increasing, but durable goods orders fell less than expected.
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Time
: 3 min
26
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: 24/12/08 22:06
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11/05/08 - Daily Forex Market News from cmsfx.com
Service Sectors Contract Around the World, Some Pullback from Risk Appetite
Wednesday, November 5th, 2008
Traders saw another round of weak data from key country's services sectors, putting the focus again on global recession fears. The last week had seen a return to risk appetite but that was turned back as stocks in Europe and the US faltered.
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Time
: 6 min
09
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: 05/11/08 23:37
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Forex Video | News Trade Alert | November 20, 2008
Tomorrow's news calendar brings U.K. retail sales for October and the latest U.S. weekly jobless claims report. Although both reports have moved the market at times throughout the course of this year, the previous few releases failed to provide meaningful inspiration to the major currency pairs . However, Wednesday's DJIA close just below the 8000 level sets up what could be a very interesting Thursday.
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17
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: 20/11/08 03:31
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09/03/08 - Daily Forex Market News from cmsfx.com
Greenback Gains Overnight as Poor News Inundated Other Economies, Loonie Boosted by BOC Decision
Wednesday, September 3rd, 2008
GDP data from Australia pressured the Aussie, while the Euro and Pound fell overnight to the Dollar before recovering prior to the NY open. With US stocks down in afternoon trading, the Yen and Swiss Franc were boosted due to an increase in risk aversion.
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Time
: 5 min
06
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: 03/09/08 21:33
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09/10/08 - Daily Forex Market News from cmsfx.com
Dollar Strength Undeterred by Lehman, US Stocks Recover as Well Pushing Back Yen
Wednesday, September 10th, 2008
The bout of risk aversion seen yesterday was reversed, and Lehman's large loss did not deter US equity markets from rising. The Dollar and others rose against the Yen. The Euro fell closer to a one year low against the Dollar as its growth forecast for 2008 was lowered.
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Time
: 3 min
47
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: 10/09/08 22:25
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09/23/08 - Daily Forex Market News from cmsfx.com
Weak European Data Sinks Euro, Commodities Ease, Rand Down on Political Turmoil
Tuesday, September 23rd, 2008
Weak fundamental data from the Euro-zone including poor preliminary numbers on manufacturing and services PMI pressured the Euro. US housing prices continue to decline and the Richmond Fed was poor as well. Several currency pairs paused in their recent rallies.
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Time
: 5 min
41
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: 23/09/08 22:26
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