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0 : 59
|1 USD|| |
|1 EUR||1.37213|| |
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EUR/USD2013-12-09 11:18 UTC
EUR-USD popped to a fresh six-week peak of 1.3729 during the European AM session, since settling back a little. This continues the upward run we've saw on Thursday and Friday following the unexpected reluctance of the ECB to detail further easing measures. EUR-JPY was a driven in early London trade, reportedly on the back of model fund buying, though the cross stalled just shy of the 141.55 high posted in the early Asia session. The market ... Read More ►
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XE Market Analysis
North American Edition2013-12-09 11:18 UTC
EUR-USD popped to a fresh six-week peak of 1.3729, continuing the upward run we've saw on Thursday and Friday following the unexpected reluctance of the ECB to detail further easing measures. EUR-JPY was a driven in early London trade, reportedly on the back of model fund buying, though the cross stalled just shy of the 141.55 high posted in the early Asia session. Leads were mixed, including sub-expectations Japanese GDP, forecast-beating China exports ... Read More ►
European Edition2013-12-09 07:55 UTC
Asia markets were mostly in risk-on mode following stronger than expected China exports and biggest trade surplus since 2009, which helped offset sub-expectations Japanese GDP while backing up Friday's solid U.S. jobs report. The AUD popped higher in early trade, though failed to sustain gains, and moderate yen weakness following disappointing Japanese GDP figures, which has revived market talk about the possibility of fresh monetary stimulus by the BoJ, ... Read More ►
Asian Edition2013-12-06 19:36 UTC
The dollar rallied very briefly following the much better November employment report, though despite increased fear of December Fed tapering, the unit quickly turned south. Treasury yields blipped higher, though with the market there positioned for a good jobs report, yields quickly tumbled lower again. Equities, for the first time in recent memory actually reacted positively to the better economic news, taper notwithstanding. EUR-USD dipped initially ... Read More ►
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