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  • North American Edition2014-11-25 11:57 UTC

    Consolidation prevailed among the dollar majors. EUR-USD oscillated in the low-to-mid 1.24s, trading firmer following an unexpected improvement in French business confidence to 94 in November from 91. In conjunction with the improvements in the German ZEW and Ifo readings, the data show that the situation is not quite as gloomy as the Eurozone November PMI readings of last week suggested. ECB member Noyer still said that the central bank must be ... Read More 

  • European Edition2014-11-26 08:14 UTC

    Narrow ranges have prevailed among the dollar majors. USD-JPY managed to eke out a two-day low at 117.59 after peaking at 117.93 in Tokyo, finding a footing amid reports of Japanese investor demand. EUR-USD posted a 1.2465-84 range, consolidating the gain seen after Monday's low at 1.2362. The OECD yesterday called on the ECB to consider QE to fight deflation risks, which will support the doves at the central bank and should help maintain the overall ... Read More 

  • Asian Edition2014-11-25 20:06 UTC

    Yields slipped a touch, as stocks posted modest gains, and the dollar pulled back fairly broadly in N.Y. trade on Tuesday, despite an upgraded Q3 GDP revision. Pre-Thanksgiving position squaring appeared to be the driving force, though a weaker consumer confidence print weighed on the greenback as well. EUR-USD found support into 1.2400, and later posted gains over 1.2480. USD-JPY meanwhile, peaked near 118.30 after the GDP data, eventually falling to ... Read More 

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