Posted On: December 28, 2011
The European Central Bank lent a record-setting amount of money to regional banks today in order to keep credit flowing, Bloomberg reported.
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Posted On: December 13, 2011
The value of the monetary unit of Japan strengthened Tuesday when held against two key rivals.
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Posted On: June 08, 2011
U.S. Federal Reserve Chairman Ben Bernanke's comments on Tuesday spurred a decline in investors' appetite for risk, causing a rise in the U.S. dollar, Swiss franc and Japanese yen, MarketWatch reported.
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Posted On: June 01, 2011
U.S. economic reports caused the dollar to fall to its lowest rate in three weeks, according to Bloomberg.
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Posted On: May 10, 2011
Following the natural disasters in Japan in March, the Japanese government and the Group of Seven combined on a plan to sell yen and buy dollars in an effort to lessen the Japanese currency's rise, reported The Wall Street Journal.
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Posted On: April 15, 2011
Fluctuations in the value of the yen after the catastrophic earthquake and tsunami have caused significant problems for the Japanese economy as it attempts to recover from the disaster.
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Posted On: April 13, 2011
Japan's yen dropped suddenly after hitting new record highs in the wake of a second earthquake, though, this one did not cause significant damage to the already battered country.
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Posted On: April 12, 2011
More nuclear radiation seeping from the damaged nuclear reactors at Fukushima Daiichi caused a momentary halt in what had been the beginnings of a downward trend for the yen, but global stock values also decreased.
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Posted On: April 11, 2011
The yen rallied again early this week as insurance companies snapped up the currency in order to cover the enormous bills for reconstruction in post-earthquake Japan, Bloomberg reported.
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Posted On: April 08, 2011
The euro's lengthy and surprising domination of the U.S. dollar appeared to waver recently, with news from the European Central Bank that interest rates would not increase by as much as predicted.
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