Sunday, March 7, 2010

Dollar rises versus yen

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The dollar soared against the yen on Friday after a government report showed US employers cut fewer jobs than expected last month, boosting ...

Forex outlook: dollar to rise in afterglow of US jobs report

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The dollar is expected to rise next week in the afterglow of a better-than-expected US employment report and as the euro struggles on ongoin...

IMM speculators cut long US dollar bets sharply

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Currency speculators cut by more than half their long bets on the US dollar in the latest week, according to Commodity Futures Trading Commi...

Days of 'special' yuan policy numbered: central bank

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China flagged on Saturday it will let the yuan resume its rise at some point as it unwinds the super-loose policies it has been pursuing to ...

East African currencies largely rangebound next week

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The Kenyan and Tanzanian shillings are expected to trade in narrow ranges against the dollar in the week to Wednesday while the Ugandan shil...

Canadian dollar hits six-week high

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The Canadian dollar regained its upward track against the US dollar on Friday after US data showed employers cut fewer jobs than expected in...

Bangladesh banking talks commit to fighting poverty

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Leaders of a world group on sustainable banking said on Saturday they had committed to building a different and positive financial future fo...

US regulators close banks in Illinois and Maryland

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US bank regulators closed Bank of Illinois bank of Normal, Illinois and Waterfield Bank of Germantown, Maryland on Friday as deteriorating l...

US Treasury Outlook: retail spending data offer another view

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US Treasury investors will turn their focus on $74 billion in note supply and data on retail spending next week in the wake of a less gloomy...

Treasuries tumble

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US Treasuries fell sharply on Friday in their worst sell-off in nearly a month, after better-than-expected jobs data fuelled economic recove...

Wall Street soars

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US stocks jumped and the Nasdaq hit an 18-month closing high on Friday as US employers cut fewer jobs than expected last month and consumers...

Brazilian stocks up

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Brazilian stocks jumped and the currency rose for the first time in three days on Friday after better-than-forecast US jobs data and expecta...

Turkish stocks jump 2.3 percent

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Turkish stocks staged a late rally on Friday as investors took better-than-expected US jobs data as a good sign for global equities, while b...

Canadian main stocks index higher

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Toronto's main stock index shot to its highest level in more than seven weeks on Friday after data showed the US economy shed fewer jobs...

Emerging Markets: LatAm stocks at six week highs

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Investors bought Latin American stocks, bonds and currencies on Friday, encouraged to put more cash at risk after better-than-expected US jo...

Korean bond ends mixed

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South Korean government bond prices ended mixed on Friday on increased selling in the afternoon on perceptions a recent rally driven by abun...

Canadian bonds lower

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Canadian bonds fell across the curve on Friday, mimicking moves in US Treasuries, after the US jobs data firmed expectations of recovery. Gu...

US corporate bonds spreads tighten

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US corporate bond yield spreads tightened on Friday, in step with rising stocks and falling US Treasury debt prices after data showed US emp...

Argentine bonds up

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Argentine sovereign debt prices rose on Friday on growing expectations that the government will launch soon a planned swap of about $20 bill...