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23/10/2012 | OzForex
Sterling rose against the USD yesterday as an independent report showed that UK insolvencies declined in September boosting confidence that an economic recovery in the UK is strengthening. The report has helped to support the Pound as the markets look tow
22/10/2012 | OzForex
The US Dollar took back ground it had lost against the Euro and GBP last week, during on Friday’s session. Cable sunk back below 1.6 to 1.5990 and EURUSD fell back to 1.3030
19/10/2012 | OzForex
USD climbed yesterday against the Euro and Sterling following worse than expected initial jobless numbers from States and weak corporate earnings from Google
18/10/2012 | OzForex
Strong jobs data yesterday and better than expected retail sales from the UK this morning have helped to give the Pound a boost against the USD, supporting its recent move above 1.61
17/10/2012 | OzForex
The Euro was higher against 14 of its 16 major peers yesterday following the announcement from Moody’s and the continued speculation of good news surrounding Spain’s bailout request.
16/10/2012 | OzForex
Optimism returned to the markets on Tuesday morning with the US Dollar opening weaker against the Euro and GBP following strong US retail sales on Monday and growing anticipation that Spain will request a formal bailout soon.
15/10/2012 | OzForex
Hopes of global recovery, fuelled last week by better than expected US jobs data, have been tempered by forecasts of a lacklustre third quarter earnings season that has seen the Dow Jones Industrial Average fall 2.1 precent in the last week.
12/10/2012 | OzForex
United States Dollar
Marginal risk appetite returned to the markets yesterday boosted by a strong US jobless figure. The USD weakened as investors sought higher yielding assets and reversed gains posted earlier in the week. Despite the Dollar positioning itself for ...
11/10/2012 | OzForex
Credit ratings agency Standard & Poor’s cut Spain’s credit rating from BBB+ to BBB- one level above junk status.