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Japanese Yen Falls Lower on Economic Uncertainty
USD/JPY is trading near recent highs and a weaker outlook for the Japanese economy could lead to further losses in the yen, according to currency strategists.The U.S. dollar has made significant gains against the Japanese yen on Tuesday following Monday's sharp sell-off. USD/JPY continues to hold on to major gains, trading above 98.00 JPY. The cross has seen a steady rise since hitting session lows at 97.00 JPY in overnight trading. The yen is one of the
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European markets open with gains; Euro and Pound, little moved
FXstreet.com (Barcelona) ? European markets have opened Friday?s session with gains once concerns about U.S. banks? stress tests have vanished. Major currencies remain moving sideways, ahead of April?s non-farm payrolls report.Eurostoxx 50 Index adds 1.54%, and German DAX index gains 1.57% while French CAC Index trades 1.34% above its opening level. Banking stocks are moving higher once fears about bankruptcies in the U.S. are gone; Commerzbank rose 3.5% and shares of Royal Bank of Scotland rocketed 13%.Euro Pound and Yen,
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U.S. Markets open with moderate gains; Euro gives back previous gains
FXstreet.com (Barcelona) ? U.S stock markets are going through moderate gains at the opening times, cheered by better than expected quarterly earnings by Apple and Ebay. The Euro has lost most of the gains pocketed during the European session, Pound and yen remain in range.Dow Jones Industrial Index remains edges up 0.18% while the Nasdaq Index adds 0.32% and the S&P Index trades 0.43% above its opening level minutes after the opening bellShares of Apple and Ebay have surged after
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U.S. markets holds up; EUR/USD sustains gains
FXstreet.com (Córdoba) ? U.S. markets soar today and have been able to maintain its gains through the session. The Dow Jones Industrial Average is rising almost 200 points to 8404 and the S&P 500 recently climbed above 900 for the first time since January. Markets are extending the optimism about economic future. This moved increase risk appetite across the board generating a big increase in European currencies which have been trying to break important levels. EUR/USD hasn?t been able
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Markets holds gains; GBP/UDS fights to stay above 1.5300
!--TITOL: h1Markets holds gains; GBP/UDS fights to stay above 1.5300FITITOL--br /FXstreet.com (Córdoba) ? Markets in the U.S. are rising today. Dow Jones is up 2% and Nasdaq 1.95%. Wall Street got an extra impulse after the National Association of Home Builders released its sentiment index showing the highest level since September. Dollar lost slightly across the board after the report except against the Yen. br /br /GBP/USD was able to stay above 1.5300; that level is now working as a
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Forex: USD/JPY: Dollar gives away today's gains, and tests 96.10 resistance
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Euro Holds Gains Against U.S. Dollar
A small rise in market sentiment could be helping the euro move higher against the U.S. dollar Wednesday afternoon.It has been a relatively quiet day for the euro. No major data was released during the European session and flat U.S. equity markets are not providing much direction for EUR/USD.The cross jumped over a cent following the North American open and has managed to hold gains above 1.30 USD, hitting a high of 1.3037 USD. Negative news from GM
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European markets open with gains; nervous consolidation for Euro and Pound
FXstreet.com (Barcelona) ? European markets have opened Tuesday?s session with very moderate gains after Tesco PLC UK affirmed that consumption grew considerably in the UK in the last two months. Euro and Pound remain trading in range above recent lows.Eurostoxx 50 index trades 0.58% above its opening level, while French CAC rises 0.60% and German DAX trades 0.82% up. In London, the FTSE 100 Index edges up 0.36%.Retailers are driving gains on Tuesday, specially after Tesco, UK retail giant, released
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U.S. markets open with gains; Euro and Pound shrug off losses
FXstreet.com (Barcelona) ? U.S. markets have opened the week with strong gains ahead of the release of crucial employment report and banks stress tests this week. Euro and Pound have soared on early U.S. session to pare losses from European session.Dow Jones Industrials index adds 1.88% and Nasdaq Index rises 1.53%, while the S&P Index trades 1.53% above its opening level.Positive macroeconomic data has added optimism to investors, and construction spending increased in February for its first time in
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