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Dollar storms to 101 yen, highest in 4 yearsThe dollar extended its relentless rally against the Japanese currency on Friday to break above 101 to its highest since April 2009, after signs that Japanese investors are buying more foreign assets provided yet another reason to sell yen. More… |
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G20 steps back from currency brink, heat off JapanThe Group of 20 nations declared there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy. More… |
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Currency wars come to Moscow G20 talksIt may not be hand-to-hand combat, but 'currency wars' came to Moscow on Friday as finance officials from the Group of 20 nations sparred over Japan's expansive policies that have driv More… |
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Kuwait fund fears currency war in SE AsiaThe decline of the yen could spark a currency war in southeast Asia, Badr al-Saad, the head of Kuwait's sovereign wealth fund, said in comments aired on Saturday. The Chinese economy will grow between 7.7 per cent to 8 per cen More… |
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QP Samurai: Flood of yen bonds unlikelyQatar Petroleum is set to sell its maiden yen-denominated bond this week in a deal that would raise the profile of Middle East credits among Japanese investors. But the bond may herald a t More… |
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Dollar hits 11-month high vs yenThe dollar hit an 11-month high against the yen on Wednesday, building on its broad gains after a modest brightening of the Federal Reserve's economic forecasts nudged traders to downplay expectations of further monetary easing. & More… |
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Dollar hits 11-month high versus yen, euro slipsThe dollar hit an 11-month high against the yen and hovered near a seven-week high versus a basket of currencies on Tuesday, backed by expectations of a US economic revival. The dollar recouped knee-jerk losses against the yen made a More… |
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Dollar hits 3-1/2 month high vs yenThe dollar hit a fresh 3-1/2-month high against the yen on Wednesday and was seen extending its recent gains as the Bank of Japan's easing steps the day before helped trigger more stop-loss buying. On top of the BOJ's expansion of More… |
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Euro hits 16-month low vs dollarThe euro hit a 16-month low versus the dollar on Monday, hurt by negative news from the euro zone over the weekend, with the risks of further declines seen in coming months. The euro hit its lowest level since September 2010 of $1.2 More… |
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Euro vulnerable as contagion fears growThe euro recovered from steep falls against the dollar on Thursday as market participants took profit on short positions, but more weakness was expected as investors fretted the euro zone crisis was spreading to Germany. &nb More… |
