Posted On: February 29, 2012
Testimony from the chairman of the U.S. Federal Reserve boosted the value of the dollar on Wednesday against the common currency of the European Union.
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Posted On: February 29, 2012
The Brazilian real lost value against the world's reserve currency on Wednesday, a consequence of the government of the South American nation offering reverse currency swaps.
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Posted On: February 29, 2012
From Reuters
NEW YORK, Feb 29 (Reuters) - The dollar rose against the euro and yen on Wednesday after analysts said the U.S. Federal Reserve chairman hinted the bank was in no rush to expand its bala...
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Posted On: February 29, 2012
Wednesday saw the value of the common currency of the European Union drop against the U.S. dollar as the European Central Bank opened a loan program to provide embattled euro zone banks with liquidity.
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Posted On: February 29, 2012
The value of the Canadian dollar gained on Wednesday against its southerly rival in response to roughly 800 euro zone banks borrowing the equivalent of $712.2 billion from the central bank of Europe.
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Posted On: February 29, 2012
The value of the Swedish krona fell against the shared currency of the European Union on Wednesday.
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Posted On: February 29, 2012
From China Daily USA
BEIJING - Chinese exporters should encourage payment in the yuan, or renminbi, to cut costs, improve efficiency and act as "first movers" for internationalization of the currency...
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Posted On: February 28, 2012
An international credit agency slashing Greece's credit rating helped drive up 10-year gilts from the U.K.
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Posted On: February 28, 2012
Tuesday saw the value of the South African rand climb to its top value in five months against the U.S. dollar amid optimism for the European Central Bank kicking off more liquidity boosting on Wednesday.
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Posted On: February 28, 2012
From This is Money
The financial system is set to be flooded with another wave of cheap money when the European Central Bank launches a second round of cut-rate three-year loans to the region's banks...
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