January 9th, 2012
The dollar finished a strong week in characteristic robust fashion, rising to a fresh 16-month peak versus the reeling euro. Traders were influenced by European debt fears and the latest in a series of encouraging reports about the U.S. jobs…
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January 6th, 2012
The dollar continued its assault on the euro and crept higher versus other major rivals on Thursday, bolstered by its sovereign haven status.
After a holiday reprieve European debt concerns were once again front and center, driving the beleaguered euro…
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December 29th, 2011
The dollar surged to its highest since January versus the slumping euro on Wednesday, as enthusiasm about Italy’s successful bond auction gave way to concerns about the European banking sector.
The euro weakened after a report in the Financial Times…
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December 28th, 2011
The dollar was little changed on Tuesday, bolstered by data showing that U.S. consumer confidence rose in December to its highest in eight months.
The news is the latest in a series of headlines indicating that the world’s biggest economy…
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December 22nd, 2011
The dollar stayed near its highest since January on Wednesday, rebounding from early losses amid renewed concerns about Europe’s fragile banking sector.
A massive lending facility form the European Central Bank saw robust demand, indicating that the region’s major banks…
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December 20th, 2011
The euro held its ground versus the dollar Monday in New York, amid muted reaction to the sudden death of North Korean dictator Kim Jong-il.
Kim died on Saturday morning while on a train journey outside the country’s capital, the…
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December 19th, 2011
The euro crept slightly higher versus the dollar on Friday, edging away from this week’s 11-month low amid a lull in the newsflow from debt-savaged Europe.
The single currency was making gradual gains until the release of tame inflation figures…
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