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On Tuesday the euro hit a 2-1/2-month low versus dollar, effected by concerns about the health of euro zone banks, while traders have also been prompted by a slip in German economic sentiment to dump the single currency…

On Tuesday the euro hit a 2-1/2-month low versus dollar, effected by concerns about the health of euro zone banks, while traders have also been prompted by a slip in German economic sentiment to dump the single currency…

On Monday after Dubai’s announcement that it had received help from Abu Dhabi to repay its debts improved risk appetite and reduced some of the U.S. currency’s safe-haven appeal and as a result of this, the euro has shown a rise versus…

This week the dollar ended with the highest rate against the European common currency. This happened after it has been suggested by the positive reports in the U.S. that the North American economy’s pace of recovery is accelerating. This in turn…

On Friday, the dollar reaches its strongest levels in a month versus many of its widely traded rivals, as better-than-expected U.S. economic data has supported anticipations that the key U.S. rates could rise sooner than expected…

On Thursday after a narrower-than-expected U.S. trade deficit for October and better continuing jobless claims, the dollar fell versus euro and reduced its gains against the yen . This has pared the safe-haven demand for…

On Monday in New York, the dollar cut off its overnight gains against the euro as investors are waiting for a speech later in the day by the head of the Federal Reserve to see whether ultra-low interest rates will end sooner than…

On Friday as investors waited for the U.S. government’s monthly employment report to offer clues to the potential pace of tightening in U.S. monetary policy so, the dollar was slow versus a basket of major currencies.In November the U.S. economy lost 130,000 jobs, as compared to…

After that The European Central Bank President Jean-Claude Trichet expressed support for a strong dollar and as he announced small steps toward the withdrawal of extraordinary liquidity measures, the dollar recovered from near 16-month lows against the euro. European Central Bank President’s Statement It has been said by Trichet that the euro zone had a [...]

On Wednesday after worse-than-expected U.S. private-sector jobs data boosted safe-haven demand, the dollar rose, whereas the yen fell broadly on fears monetary authorities may step in to stem the currency’s strength…