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  • North American Edition2015-04-27 10:47 UTC

    The euro gave back of last week's gains as Greek concerns flowed after last week's ebb. EUR-USD dipped to a low of 1.0821 from the upper 1.08s. EUR-JPY and other euro crosses came under moderate pressure, too. Sterling has been in correction mode after Friday's strong rally against the dollar to an eight-week high at 1.5188. The pair has drifted to a low of 1.5122 so far. Read More 

  • European Edition2015-04-28 06:28 UTC

    The euro continues to ebb and flow in sympathy with the ebb and flow of Greek exit concerns, rising in the latest phase on news that Athens has revamped its negotiating team. The dollar's yield advantage over the euro has also narrowed, albeit moderately, over the last couple of trading days, shrinking to the 175-76 bp area from around 180 bp at the 10-year T-note over Bund comparison. EUR-USD logged a three-week high at 1.0926 yesterday, breaching the ... Read More 

  • Asian Edition2015-04-27 18:48 UTC

    The dollar was broadly lower to start the N.Y. week, likely as the market prices in a pushed back FOMC rate lift-off. While few expect a rate hike at the next meeting in June, due to recently soft U.S. data, there has been growing expectations for a Autumn, or even a 2016 start to normalizing rates. As a result, dollar sellers stepped up today, looking for a more dovish Fed outlook. EUR-USD cleared 1.0900 to post three-week highs of 1.0926. as USD-JPY ... Read More 

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