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Safe Heaven Currencies Continue to Rise on High Risk Aversion |
| The U.S. Dollar and Yen firmed against most major counterparts on Monday as investors trimmed stretched risk positions in higher-yielding currencies. The safe heaven currencies were bolstered by continuing investor concerns over mounting |
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Bernanke Reaffirms Low Interest Rates |
| Rumors of another possible downgrade of Greece by Standard & Poor convinced traders to sell the EUR in favor of higher yielding currencies like the Yen, as well as the EUR\'s traditional rival |
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Forex Market Anticipates the Release of U.S. Unemployment Claims |
| The U.S. Unemployment Claims is the primary publication today that is set to determine the level of the USD when it is released at 13:30 GMT. |
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USD Furthers Gains on EUR ahead of Bernanke Testimony |
| The U.S. Dollar saw some major gains on the Euro last night. The pair went as low as 1.3500 before rebounding to its current level of about 1.3540. Today, |
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U.S Dollar Up ahead of Bernanke Testimony |
| The U.S. Dollar briefly stayed higher versus the EUR on Monday and near an 8-month high versus other major currencies as traders await Fed Chairman Ben Bernanke\'s |
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U.S Dollar Up ahead of Bernanke Testimony |
| The U.S. Dollar briefly stayed higher versus the EUR on Monday and near an 8-month high versus other major currencies as traders await Fed Chairman Ben Bernanke\'s |
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EUR/USD Trading Near a 9-Month Low |
| This week began with a relatively quiet trading session; however this calmness is likely to end today. The German ZEW Economic Sentiment and the U.S. Long-Term |
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Greece Worries Continue to Impact Euro |
| With a slow news day forecasted for today, the Euro continues to be weighed down by Greece\'s deficit worries. Further impacting the hard hit currency |
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Dollar Gains from Greece Rescue Plan |
| The U.S Dollar touched a 7-month high against the EUR Thursday after European leaders indicated they will support Greece, but not necessarily deliver direct aid. |
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Market Awaits Bernanke\'s Testimony on Future Monetary Policy |
| The Dollar continued to drop against the Euro yesterday, mainly due to speculations regarding a possible rescue plan for Greece. As a result, crude oil and precious metal rose as well. |
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Euro-Zone Debt Concerns Weigh Heavily on EUR |
| Traders are expecting a slow news day, and as such may experience thin trading conditions and low liquidity. The few reports expected shouldn\'t cause too much of a stir, |
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Dollar Rises to 8-month high on U.S. Non-Farms Report and European Worries |
The dollar climbed to an eight month high versus the EUR on Friday after the release of the U.S. jobs report. Credit concerns in Europe are weighing on the market as traders. |
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Dollar Gains Ahead of Non Farm Employment Data |
The USD was higher against its major counterparts Wednesday, heading toward its highest levels versus the EUR since last summer, following the release of better than expected economic data from the U.S. |
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Aussie Central Bank Shocks the Forex Market |
| Australia surprised economists by holding interest rates steady after the market unanimously predicted an interest rate hike. Also a chain of positive news has helped spot crude oil prices jump over 5.5% during the past two days. |
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Dollar Anticipates Release of U.S. Pending Home Sales |
| The U.S. Pending Home Sales is the primary publication today that is set to determine the level of the USD when it is released at 15:00 GMT. The other main releases that are set to dominate forex trading, |
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