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By John Detrixhe and Joseph Ciolli, Bloomberg |
March 20, 2013
The euro strengthened from a four- month low against the dollar as Cyprus sought alternatives to the European Union plan to help the nation avoid a banking collapse and the Federal Reserve maintained stimulus measures.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
February 6, 2013
The euro fell toward a one-week low versus the dollar as European Central Bank policy makers prepared to meet tomorrow amid political and banking turmoil that threatens to renew the region’s sovereign-debt crisis.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
January 16, 2013
The yen strengthened against the dollar for a second day after its 5.7% drop over the past month prompted criticism from leaders around the world that recent exchange-rate moves have been excessive.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
January 11, 2013
The yen reached the weakest since June 2010 versus the dollar after Japanese Prime Minister Shinzo Abe’s government said it will spend 10.3 trillion yen ($116 billion) in new stimulus efforts that tend to weaken a currency.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
January 4, 2013
The dollar fell from a three-week high versus the euro after data showed the U.S. unemployment rate was higher than forecast in December, fueling bets the Federal Reserve won’t end its stimulus efforts any time soon.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
October 1, 2012
The dollar fell from the strongest level in three weeks against the euro as a gauge of U.S. manufacturing unexpectedly rose, damping demand for the refuge of U.S. government securities.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
August 17, 2012
The euro headed for a weekly gain against all of its most-traded counterparts amid optimism that European leaders are moving closer to agreement on solving the region’s debt crisis.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
August 16, 2012
The euro strengthened against all of but one of its most-traded counterparts as German Chancellor Angela Merkel reiterated her commitment to working with the European Central Bank to resolve the region’s financial turmoil.