Japan's current account continued to show surplus in January adding to signs of recovery in the world's second largest economy. Japanese exports to China rose to at the fastest pace since 1985, and shipments to the U.S gained giving more support for forex news :: view details »

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There will be something of a lull in US trends in the very short term with markets awaiting further economic data later this week. The main focus is likely to be on the Euro-zone economy and Euro in the near term. Positive news will push the Euro hi forex news :: view details »

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Machine orders in Japan dropped in January after it showed progress by the end of last year reaching the highest since August 2000. Japanese companies still concerned about the strength of recovery after stimulus measures waned and some major econom forex news :: view details »

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Bond traders are in no mood to be the last one out of the exit today. Friday's U.S. employment report provided enough reason to start lightening the safe-haven payload of government debt, while the support from French President Sarkozy for the gover forex news :: view details »

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The Dollar was firmer against its major European rivals in overnight trading. The main reason for the risk aversion were downbeat comments from rating agencies on Europe and the UK, and a dissipation of the rally started from last Friday’s non-farm forex news :: view details »

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Bonds caught fire in trading today after failing to follow through yesterday, and this triggered the usual response in the JPY crosses, with the JPY taking back much of the previous two days' losses. Significantly for the general JPY outlook, USDJPY forex news :: view details »

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New York Stock Exchange forex news :: view details »

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On Friday's trading session we saw the release of the monthly Nonfarm payrolls report. The report showed that the US shed 36K jobs for the month of February. The report beat expectations of -60K. The market indeed did anticipate a worse number due t forex news :: view details »

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U.S. Dollar Trading (USD) was strong initially after the February Payrolls beat expectations at -36k vs. -56k forecast. The gains were short lived however as stock markets extended gains and yen crosses staged major short covering rallies. Also of n forex news :: view details »

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There was again no hard fresh news to guide the price action in the major currency cross rate. Nevertheless, concerns on the budgetary situation in Europe and the UK (reinforced by comments from rating agency Fitch) continue to weigh on the euro and forex news :: view details »

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You can almost see the headlines coming now. European politicians are crying foul over rogue derivative bets that helped derail the Greek fiscal wagon. But while the picture is there for all to see, even the German financial regulator BaFin says tha forex news :: view details »

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