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U.S., Europe suspected of backdoor moves to strengthen dollar
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Yen Slightly Down Following Japan's Industrial Production Report; Now At 104.71 Versus Dollar
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Yen Slightly Down Following Japan's Industrial Production Report
(RTTNews) - Following the release of the Japanese final industrial production report for March, the yen weakened slightly against its major counterparts. As of now, the yen is worth 104.70 versus the dollar, 203.90 per pound, 162.05 against the euro and
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Asian stocks rise as dollar holds its ground
HONG KONG -- Asian stocks rose cautiously on Friday as the dollar steadied against the yen and oil prices hovered below record highs, offering a rare lull in the market's gyrations. Most stock markets across Asia were modestly higher, but Sydney's main
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UPDATE 1-Gold edges down in Asia as dollar weighs
(Updates prices, adds comments) By Risa Maeda TOKYO, May 16 (Reuters) - Gold edged down on Friday as resilience in the dollar hampered investor buying, although crude oil prices clawed back toward $125 a barrel. Analysts said many investors are now
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Yen stable after brisk growth in Japanese economic figures
TOKYO -- The yen was steady against the dollar in Asian trade Friday after unexpectedly strong Japanese economic growth figures, with investors focused on the outlook for global interest rates, dealers said. The dollar was changed hands for 104.73 yen in
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Forex - U.S. dollar weaker in Tokyo after overnight gains, but outlook positive
TOKYO (Thomson Financial) - The U.S. dollar was weaker against the euro in midday trade in Tokyo on Friday, coming under pressure from short-term players after the U.S. unit gained overnight against Europe's single currency on growing optimism that the
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Callaway says dollar has bears on run
SAN FRANCISCO (MarketWatch) -- Polar bears weren't the only lumbering carnivores declared endangered this week. Wall Street bears were scarce as well. That because some benign inflation news, a major high-tech merger and a continued rally in U.S. stocks
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Rupee ends at new low of 42.75
3:21 IST The spot rupee continued its downtrend and ended at a fresh 13-month low of 42.75, pressured by the dollar demand from oil companies for import payments and participation by banks in the non deliverable forward (NDF) market. The rupee weakened
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Asian stocks rise as dollar holds its ground
The latest Reuters articles on M&A, IPOs, hedge funds and more By Tom Miles HONG KONG (Reuters) - Asian stocks rose cautiously on Friday as the dollar steadied against the yen and oil prices hovered below record highs, offering a rare lull in the
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Australian Dollar Gains Ground Against Majors
(RTTNews) - The Australian dollar strengthened against its major counterparts during early Asian deals on Friday. While the Aussie reached 3-day highs against its US and European counterparts, it climbed to 2-day highs against the yen and the Canadian
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VENTURE CAPITAL JOURNAL - "Cheap dollar may help slow exit market"
With the current credit crunch mostly inhibiting U.S. IPOs, many venture capital and private equity firms turned to overseas markets. But as that exit strategy has slowed of late as well, U.S. startups have begun exploring additional exit routes,
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Forex: Dollar Dips At Upper Y104 Level On Grim U.S. Outlook
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Dollar dithers vs yen, off two-month high
struggling to sustain gains near two-month highs as weak economic data raised concerns about U.S. growth prospects. Strong first-quarter growth in Germany and France helped support the euro as the data highlighted the relative strength of the European
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