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Strong currency hurts gold futures trade
Gold-futures trading in the past three months dropped 10 per cent from the preceding three months because of the baht's appreciation, which pressured domestic gold prices, a brokerage said yesterday.
Read more...Euro falls as bank 'stress test' worries resurface
The euro fell against the dollar on Tuesday over renewed concerns surrounding the health of European banks, dealers said.
Read more...FX round-up: Dollar holds steady in light trading
LONDON (SHARECAST) - The dollar held steady against the yen and the euro in reduced holiday trading on Monday. US financial markets were closed for the Labor Day holiday and will resume today.
Read more...Euro Slides To Multi-day Lows Against Majors
(RTTNews) - The euro declined against its major rivals in early trading on Tuesday as European stocks slumped on fresh worries of the health of European Banking systems on doubts over Europe's "stress tests" on major banks.
Read more...EURUSD: Remain Short as Risk Aversion Returns
I sold EURUSD at 1.2660 . A shallow recovery has taken rates higher for re-test of 1.29 but I am expecting the re-emergence of risk aversion in the autumn months to boost safety-linked demand for USD and will remain short. My initial target remains at 1.2130, with a stop-loss to be activated on a daily close above 1.2925. DailyFX provides forex news on the economic reports and political events ...
Read more...Your Source for Daily FOREX Market News and Analysis
The US Dollar and Japanese Yen advanced as shares slid in Asian trade, boosting demand for the safety-linked currencies. Stock index futures hint more of the same is ahead in European trading hours.
Read more...Yen Soars To Multi-day Highs Against Most Majors
(RTTNews) - The Japanese yen strengthened across the board on Tuesday in early European trading as a slide in most Asian and European stocks propelled traders to seek safe-haven currencies.
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