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Posts Tagged: 'currencies'

01Dec
 
The U.S. dollar index, which measures the greenbacks strength against a trade-weighted basket of six major currencies, was little changed at 92.97 by 05:15 a.m. ET (09:15 GMT). EUR/USD held steady at 1.1901, while GBP/USD slid 0.35% to trade at 1.3482, off a two-month high of 1.3550 hit overnight as traders...
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14Jun
 
The pound rose Thursday after hawkish remarks by Bank of England policy member Ian McCafferty. Sterling was up 0.37% at $1.2931 at 05:45 ET after a high for the session of $1.2952. McCafferty in remarks to The Times said the BoE should consider unwinding its 435 billion quantitative easing program....
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08Jun
 
The dollar pushed higher against other major currencies on Thursday, despite the release of disappointing U.S. jobless claims data as investors were awaiting the results of the U.K. election and more U.S. political developments. EUR/USD slipped 0.18% to 1.1235 after the European Central Bank left its interest rates unchanged in a...
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21Dec
 
The euro is a currency used by many of the member states of the European Union, or EU. Not all EU member countries use the euro as their basis of trade, and notably, the United Kingdom, or UK, has elected to keep its own currency, Sterling, and does not use...
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