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The odds go up that the US go over the fiscal cliff

21/12/2012 | OzForex

United States Dollar: The US dollar strengthened against most of its major counterparts yesterday as riskier currencies like the EUR, AUD and NZD were sold off after a Republican proposal to deal with the so-called fiscal cliff failed to get enough support, intensifying ...
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US ''fiscal cliff discussions heat up and financial markets sit and wait

20/12/2012 | OzForex

United States Dollar: GBP/USD remains steady this morning, positioned around 1.6262, after climbing to 1.6307 yesterday - its strongest level in almost three months. There has been a raft of data released that helped GBP/USD breach 1.6300 and also for it to come back ...
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GBP/USD and EUR/USD strengthen

19/12/2012 | OzForex

United States Dollar:GBP/USD strengthened for the fourth consecutive day and climbed to the highest level in three months as speculation grew that the BOE will release minutes today that will show ...
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China''s vast manufacturing sector expands

14/12/2012 | OzForex

United States Dollar: US Budget talks continue without any further formal release. The fiscal cliff negotiations are the biggest issue dominating the markets at the moment and there is a real possibility that an agreement will not be reached before the New Year and some ...
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The US announce third major round of quantitative easing

13/12/2012 | OzForex

Once again the US dollar struggled against all of its major counterparts (except the Japanese Yen) as the Federal Reserve
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US dollar remains lower as Fed concludes meeting

12/12/2012 | OzForex

Another tough day at the office for the US dollar yesterday as discussions over the ‘fiscal cliff’ continue
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Financial markets sit and wait as Obama speaks later today

11/12/2012 | OzForex

United States Dollar: The US dollar weakened against most of its main counterparts yesterday, due to on-going ‘fiscal cliff’ policy disputes. Democratic lawmakers and Obama continue to insist that Republicans accept higher tax rates for top earners before ...
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Euro nears two week low

10/12/2012 | OzForex

United States Dollar: GBP/USD remains uneventful, opening at 1.6026 and now holding around 1.6035. Investors are wary of buying sterling after UK finance minister George Osborne last week announced that Britain would miss debt-reduction targets, raising concerns the ...
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Euro lower this morning after ECB discuss negative deposit rates

07/12/2012 | OzForex

United States Dollar: The Bank of England left interest rates on hold in its monetary policy announcement yesterday. It also left its asset purchase target unchanged, all of which was expected by markets. Cable moved lower on the news to 1.6035, this after starting the day above ...
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The UK''s triple A credit rating under threat

06/12/2012 | OzForex

United States Dollar  GBP/USD had a fairly quiet day yesterday, hovering around the 1.6100 mark. Things haven’t got any more exciting this morning with a drop to 1.6075 but then a slight rise to break 1.6100. We’re currently sat at 1.6104. In a half ...
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