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  • North American Edition2014-11-24 10:59 UTC

    The dollar was generally firm, though lost ground to the euro following an unexpected rise in the November German Ifo sentiment survey. EUR-USD recovered from an Asia-session dip to 1.2362, leaving the Nov-6 trend low at 1.2358 unchallenged, and extended gains to a peak of 1.2414 following the Ifo report. ECB's Constanzio also said that the Eurozone is not at risk of sliding into "full deflation," though the inflation rate is "dangerously" low. EUR-CHF ... Read More 

  • European Edition2014-11-24 07:49 UTC

    The dollar majors have generally seen narrow ranges in early week trade in low-liquidity conditions in the absence of Japanese markets, which were closed due to a public holiday. EUR-USD did, however, dip to a low of 1.2362 before recovering toward the 1.2400 level, near net-unchanged from Friday's closing level. The move left the Nov-6 trend low at 1.2358 unchallenged. ECB's Constanzio said that the Eurozone is not at risk of sliding into "full ... Read More 

  • Asian Edition2014-11-21 19:09 UTC

    The dollar firmed up versus the European major currencies, though was soft against the dollar bloc and the yen in the wake of China's surprise rate cut and ECBspeak signaling improved odds for QE. There was no data on Friday, and while Wall Street was higher, it traded well off its best levels as the session progressed. EUR-USD trade to lows of 1.2376 after tripping stops under 1.2400, while USD-JPY ran into sellers over 118.00, and posted lows under ... Read More 

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