March 2008
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HONG KONG (Thomson Financial) - The U.S. dollar weakened against the euro in afternoon Asian trade on Tuesday as investors bet the European Central Bank (ECB) would delay cutting interest rates as inflation surges.
Written by admin on March 31st, 2008 with no comments.
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HONG KONG (Thomson Financial) - The U.S. dollar weakened against the euro in afternoon Asian trade on Tuesday as investors bet the European Central Bank (ECB) would delay cutting interest rates as inflation surges.
Written by admin on March 31st, 2008 with no comments.
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KUALA LUMPUR, April 1 (Bernama) -- The ringgit opened higher against the U.S. dollar as it appreciated further in tandem with the continued weakening of the greenback in global markets, a dealer said.
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JAKARTA, April 1 - Indonesia's largest coal miner, PT Bumi Resources Tbk, suffered an unexpected net loss in the fourth quarter, partly due to a foreign exchange loss and lower revenue from its port facilities.
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JAKARTA, April 1 - Indonesia's largest coal miner, PT Bumi Resources Tbk, suffered an unexpected net loss in the fourth quarter, partly due to a foreign exchange loss and lower revenue from its port facilities.
Written by admin on March 31st, 2008 with no comments.
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ECB concerned with inflation, XAU and Oil tumble.
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SYDNEY (Thomson Financial) - The U.S. dollar was trading slightly higher against major currencies in Sydney morning trade on Tuesday, helped by U.S. Treasury Secretary Henry Paulson releasing a 218-page proposal to overhaul US financial regulations.
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SYDNEY (Thomson Financial) - The U.S. dollar was trading slightly higher against major currencies in Sydney morning trade on Tuesday, helped by U.S. Treasury Secretary Henry Paulson releasing a 218-page proposal to overhaul US financial regulations.
Written by admin on March 31st, 2008 with no comments.
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Listen to our Evening DailyFX Forex Radio PodCast: http://media.dailyfx.com/podcasts/FXRadioPM033108.mp3
Written by admin on March 31st, 2008 with no comments.
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·EUR/USD tests record highs near 1.59 after Euro-zone CPI accelerates at fastest pace in nearly 16-years. · ECB's hawkish bias should support EUR/USD, but recent consolidation may lead to a break lower.
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