10/23/08 - Daily Forex Market News from cmsfx.com
Euro Halts Slide vs Dollar, Though Pound Sets Fresh 5-year Low
Thursday, October 23rd, 2008
The Reserve Bank of New Zealand cut rates by 1%. Retail sales were down in the UK, as were industrial new orders in the Euro-zone. The Pound set a fresh 5-year low as it continues to be pressured, though not as badly as earlier in the week. The Yen gained on weak stocks.
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54
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: 23/10/08 23:16
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10/31/08 - Daily Forex Market News from cmsfx.com
Dollar and Yen Rally as Markets Retrace Gains from Middle of the Week
Friday, October 31st, 2008
Currency markets saw high yeilders give up some of their gains from earlier in the week as traders consolidated their positions and Asian stocks fell. Data showed weak consumer spending from Japan and the US, and the first rate cut by the Bank of Japan in 7 years.
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Time
: 6 min
11
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: 31/10/08 23:02
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12/09/08 - Daily Forex Market News from cmsfx.com
Japanese GDP Data and Weak US Stocks Bring Risk Aversion Back to Markets
Tuesday, December 9th, 2008
Japan's 3rd quarter GDP figure was revised down to show a -0.5% change which undershot forecasts and gave the Asian session and overnight trading an increased bout or risk aversion. US stocks fell which boosted the value of the Yen and Dollar.
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Time
: 5 min
07
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: 09/12/08 22:48
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11/06/08 - Daily Forex Market News from cmsfx.com
ECB, BOE and SNB Cut Interest Rates
Thursday, November 6th, 2008
The three key central banks in Europe all slashed rates, with the Bank of England taking an ax to rates with a 150 basis point reduction. The ECB and SNB lowered rates by 50 basis points. Weak data from the US helped sunk US stocks, continuing a day or risk aversion in global markets.
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Time
: 6 min
42
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: 07/11/08 00:24
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12/22/08 - Daily Forex Market News from cmsfx.com
Euro Gives Up Earlier Gains, Yen Down on Trade Data, Pound Pressured
December 22, 2008
Recap: The week started with relatively quiet trading. The Euro rose against the Dollar but weakened following poor data on industrial orders. The Yen was pressured following a weak trade balance, which showed exports down a record amount.
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Time
: 4 min
41
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: 22/12/08 22:55
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04/07/08 - Daily Forex Market News from cmsfx.com
Recap: Aussie Gains on Greenback; EUR/USD Pares Earlier Losses on Euro-zone Sentix Investor Confidence Data
The Australian Dollar shrugged of weaker fundamental data (Construction PMI & Building Approvals) to climb against the US Dollar and Yen. The Euro, after initially falling to the Greenback, recovered as investor confidence data (Sentix) surprised on the upside. The CAD/JPY pair formed a double top formation after building approvals fell by 1% in Canada.
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07
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: 07/04/08 22:13
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02/01/08 - Daily Forex Market News from cmsfx.com
A Surge in US Jobless Claims Highlights a Big Day of Fundamental Releases
Manufacturing in Australia and the UK slowed, while the Euro-zone and US showed improvements in January. However, the US' employment report showed negative job growth. The Dollar managed to pare its earlier losses, while the Pound lost ground in anticipation of a rate cut.
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06
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: 01/02/08 23:35
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01/25/08 - Daily Forex Market News from cmsfx.com
Inflation Rises in Japan, Cools in Canada; Yen Gains in Late Friday Trading
The Euro and Canadian Dollar saw weekly gains on the greenback, while the Yen's strong start in the beginning of the week did not last. As equity markets around the globe recovered from a steep sell off on Monday, as risk appetite came back to the forex markets.
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: 2 min
46
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: 26/01/08 00:32
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01/12/09 - Daily Forex Market News from cmsfx.com
Yen Gains as Risk Aversion Grips Forex Markets
Monday, January 12th, 2009
Recap: With global stocks sinking to start the week, the Yen gained on its main rivals, extending gains seen at the end of last week. Commodity currencies like the Aussie and Loonie were pressured as oil fell more than $3 a barrel.
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: 3 min
18
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: 12/01/09 23:47
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08/26/08 - Daily Forex Market News from cmsfx.com
Euro Sinks vs Dollar Following Weak German Data, Pound at 2-Year Low
Tuesday, August 26th, 2008
Germany released weak business and consumer confidence, along with its final version of 2nd quarter GDP at -0.5%. The Euro slid to a new 6-month low against the Dollar, and the Pound fell further to a 2-year low. US stocks were stable, helping the Dollar vs the Yen.
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: 5 min
06
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: 26/08/08 21:50
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