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The Dollar was stronger on Tuesday as investors continue to seek for safety. But a late rally on Wall Street limited dollar gains against Euro and Sterling and boosted it against the Yen on hopes that financial market turmoil may be starting to ease
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The US Dollar and the Yen rose on Monday, benefiting from safe-haven flows after weak economic data heightened fears about a deep economic slowdown around the world. The Yen was broadly higher, reaching a one-month high versus the Dollar as plunging
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The Dollar rose versus the Euro in thin trade on Friday as volatile equity markets and fears of a deepening global recession led investors to seek the US currency as a haven. Extreme risk aversion and repatriation flows have been supporting the US c
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The Yen gained against the Dollar and Euro on Thursday as worries about the cost of fiscal stimulus packages and whether they would succeed in limiting a global recession kept the low-yielding currency supported. The Dollar, normally a beneficiary o
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The Dollar rose against the Euro on Wednesday as few weak US economic reports renewed worries of a deepening economic recession, leading investors to buy the Dollar as a safe haven. Dollar gains versus the Euro recently have been linked to repatriat
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The Dollar fell against the Euro and a basket of currencies on Monday as risk aversion eased after the US government agreed to inject $20 billion of new capital to rescue troubled Citigroup. Stock markets jumped across the globe in a sign of higher
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The Dollar soared against the Yen on Friday, buoyed by Wall Street's surge, while US Treasuries added to earlier losses, following reports New York Federal Reserve Bank President Timothy Geithner has been tapped as the new Treasury secretary. The ma
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The Dollar dropped against Yen on Thursday, pushed by Wall Street's plunge as fears of a worldwide downturn that was much deeper than initially thought made investors shift in the safer assets. Meanwhile, Dollar and Yen rose against the Euro and oth
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The dollar regains it’s winning ways this morning as last week’s encouraging White house intervention regarding Chrysler and GM stimulates markets. We have however seen volumes and activity slowly wind down as the world prepares to celebrate Christm
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Most major currency pairs were confined to narrow ranges and volume was lighter than usual with most Asian and European markets closed. Trading resumed in the United States after markets were shut on Thursday for the Christmas holiday. The Dollar ro
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The Dollar rose against the Euro on Monday, reversing early losses in a late surge as investors snapped up the greenback in thin trading after the single currency failed to sustain gains fueled by fighting in the Middle East. The conflict had earlie
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The Dollar rose strongly against Euro and Yen on Monday, buoyed by a planned US stimulus package and increased expectations of interest rate cuts by European and British central banks. Investors welcomed news that US President-elect Barack Obama i
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