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Greenback Remains Stronger as Swine Flu Continues to Work Through Markets
The U.S. dollar is broadly stronger on Tuesday, except against the Japanese yen, as the effects of the swine flu continue to work their way through the financial markets on Tuesday.After holding an emergency meeting on Monday, the World Health Organization raised its pandemic threat level on the swine flu from three to four, citing evidence of increased human-to-human transmission. Japan Finance Minister Kaoru Yosano said it is difficult to judge how the swine flu will affect
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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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Sterling Weakens as Swine Flu Spreads Beyond Borders
The pound sterling has weakened further as cases of the swine flu increased around the globe, and in the aftermath of further promises from the Bank of England to widen its Asset Purchase Facility further if needed.On Sunday, the World Health Organization called the deadly swine flu a stage three pandemic, having infected individuals from around the world who travelled to Mexico. Mexico has attributed 103 deaths to the virus, but no one has died outside of
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U.S. Markets, up at the Opening; Euro and Pound higher
FXstreet.com (Barcelona) ? Stock markets in the U.S. are going through gains in the at the opening buoyed by a string of better than expected corporate earnings news. Euro and Pound are rallying in early U.S. session.Dow Jones Industrials trades 0.62% above its opening level, while the Nasdaq Index adds 0.69% and S&P Index trades 0.63% above its opening level.Ford, American Express and Microsoft shares have risen after releasing positive earnings results in the 1Q. On the macroeconomic front, U.S.
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U.S. Stock markets dip after House sales data; Yen and Euro slightly stronger
FXstreet.com (Barcelona) ? U.S. stock markets have reversed moderate gains at the opening, after the release of U.S. Existing home sales; The Euro tries to pick up and the Dollar softened against the Yen.Dow Jones Industrials drop 0.54% below their opening level, while the Nasdaq Index loses 0.34% and the S&P Index trades 0.28% below its opening price.The Euro has dropped to 1.3000 from intra-week high at 1.3088, and at the moment of writing trades at 1.3035 resistance level. USD/JPY,
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Yen losses strength; EUR/USD stays bellow 1.3000
FXstreet.com (Córdoba) ? The rise in the markets brought pressures to the yen and lost part of yesterdays gain. USD/JPY broke resistance zone at 98.70 and went to 98.90 (intra-day high) at the final hours of the American session. The pair has moved in an up trend during the day. For the day USD/JPY has risen more than 100 pips (0.70%). Against the rest of the currencies the yen also fell, correcting Monday?s moves. Considering the opening of the markets
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U.S. Markets mixed on early trade; Euro and Pound, higher
FXstreet.com (Barcelona) - U.S. Markets are fluctuating between positive and negative levels at the opening times, on the back of recovery signs on U.S. manufacturing. Euro and Yen have bounced from weekly lows and tthe Dollar has appreciated against the Yen.Dow Jones Industrials Index trades 0.05% above its opening level while the Nasdaq Index rises 0.17% and the S&P Index goes through losses by 0.42%.On the macroeconomic domain Consumer prices Index has remained unchanged from march to April, while
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Les Capitaux Échangés Sur Le Forex En Croissance De 54% Sur 1 An
En Avril 2008, 33 institutions financières anglaises actives sur le forex ont participé à l'élaboration semestrielle de l'estimation des capitaux échangés sur le marché des changes.Selon ces institutions le turnover quotidien sur le forex en Angleterre est de 1'683 milliards de dollars en avril 2008. Le turnover sur les intruments OTC était de 136 milliards de dollars en avril 2008. Le turnover combiné est de 1'820 milliards de dollars chaque jour soit 31% plus élevé qu'en octobre 2007 et 54%
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European markets drop affected by swine flu; Euro and Pound try to pick up
FXstreet.com (Barcelona) - European markets are feeling the pressure from swine flu and main indexes are going through losses at the opening. Euro and Pound attempt recovery after declines in Asian session.Eurostoxx 50 Index drops 1.71% with German DAX Index 1.57% down, and French CAC 1.62% down and London FTSE Index 1.51% down, short after the opening.Swine flu outbreak seems to be the hot topic on the markets today. In one hand, shares of pharmaceutical firms such as Roche or
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