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USD Mixed Following ADP Employment Report

The U.S. dollar is mixed against majors in the aftermath of a larger-than-expected decline in U.S. employment for March and ahead of what could shape up to be a battle among G20 leaders in London.According to Automatic Data Processing Inc, the U.S. labour market lost 742k jobs in March, much worse than the 663k contraction expected and follows February's 706k fall. The result comes ahead of nonfarm payrolls from the Bureau of Labor Statistics on Friday, which

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USD Mixed After Promises to Loosen FX Controls On Yuan

The U.S. dollar is mixed on Thursday after an announcement Chinese officials will continue loosening currency controls.On Wednesday, People's Bank of China Deputy Yi Gang said the central bank will increase the flexibility of the yuan keeping it basically stable at a reasonable and balanced level.According to the Wall Street Journal on Thursday, General Motors has announced its intention to idle its U.S. operations for up to nine weeks in an effort to cuts costs and reduce

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US Dollar Mixed After Quiet European and Asia-Pacific Sessions

The greenback is mixed against majors on Wednesday after a relatively quiet session in Europe and Asia, and on the back of some mixed equity market sentiment.Foreign direct investment into China increased to US$8.4 billion in March versus $5.83 billion in February, but remained lower by 9.5% compared to twelve months ago, according to the Ministry of Commerce on Wednesday. Following the release, Commerce Ministry spokesperson Yao Jian said the data implies that the country's foreign exchange

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Yen Mixed as Government Gears Up for Equity Purchases

The Japanese yen is mixed on Wednesday following ongoing strength in global equity markets that was sparked by good news from Citigroup on Tuesday.Global equities ignited after reports that Citigroup CEO Vikram Pandit had released an internal memo suggesting the financial giant was profitable in the first two months of 2009. The ensuing 6.4% rally in the S&P 500 was matched by a 4.55% gain in the Nikkei.In other news, the Japanese government will begin purchasing stocks

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Euro Mixed in Aftermath of Fed Actions, ECB Speakers

The euro is mixed against majors following the Fed's surprise decision on Wednesday to begin purchasing Treasuries, and some commentary from European Central Bank speakers and German lawmakers on Thursday.On Wednesday, the Federal Reserve took unprecedented action to pump $300 billion into the purchase of long term U.S. Treasuries. The announcement sent the greenback plummeting against majors. An article in the Financial Times suggests that European Central Bank President Jean-Claude Trichet has signalled a preference for further

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Sterling Mixed Following Quiet Session In Terms of Events

The pound sterling is mixed on Wednesday in the aftermath of a light trading session in the UK, with the swine flu remaining the focus for FX traders.A 23-month-old child from Texas became the first American to die from the swine flu on Wednesday morning, as the Mexican government raised its own death count to 159 people.Meanwhile Cuba became the first country to impose an outright travel ban against Mexico, and nations across the globe released travel

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Sterling Mixed as All Eyes are on G20

The pound sterling is mixed on Tuesday following a light day for economic releases and as market participants gear up for the G20 meetings this week.Reuters, citing European officials on Tuesday, reported that the focus will likely not including finalizing a list of uncooperative tax haven or the U.S. dollar as the world's reserve currency. On Monday, Barclays announced that it would not take part in the UK government's asset insurance plan, since it has shored up

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Wall Street mixed; Dollar falls to new multi-month low

FXstreet.com (Córdoba) ? Markets in the U.S. are mixed on Wednesday at the half of the session. Dow Jones is falling 0.29% but the Nasdaq is up 0.58%. This is happening after the released of new data on real state and also on the day that General Motors announced that it failed to reach an agreement with its bondholders. GM filing into bankruptcy seems inevitable. EUR/USD failed to stay below 1.3900 and tested resistance zone at 1.3955. For the

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USD Mixed Following ADP Employment Report

The U.S. dollar is mixed against majors in the aftermath of a larger-than-expected decline in U.S. employment for March and ahead of what could shape up to be a battle among G20 leaders in London.According to Automatic Data Processing Inc, the U.S. labour market lost 742k jobs in March, much worse than the 663k contraction expected and follows February's 706k fall. The result comes ahead of nonfarm payrolls from the Bureau of Labor Statistics on Friday, which

adp nonfarm employment change - uk bureau of labor statistics unemployment rate - is canadian dollar expected to continue rising march 2009

USD Mixed After Promises to Loosen FX Controls On Yuan

The U.S. dollar is mixed on Thursday after an announcement Chinese officials will continue loosening currency controls.On Wednesday, People's Bank of China Deputy Yi Gang said the central bank will increase the flexibility of the yuan keeping it basically stable at a reasonable and balanced level.According to the Wall Street Journal on Thursday, General Motors has announced its intention to idle its U.S. operations for up to nine weeks in an effort to cuts costs and reduce

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