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Saturday, May 19, 2012 | Last Update: 17:57 GMT

By Union Bank of California | May 18, 2012

Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

The dollar is mixed this morning, but headed into the weekend generally higher against most of its major counterparts. The dollar index reached a six-month high at 81.60 before pulling back as demand for its relative safety remains particularly strong.

  • 19:41 GMT FXWire Pro

    Brent crude settles lower marking biggest 3 week drop since a year

  • 19:23 GMT FXWire Pro

    S&P REPORT SAYS U.S. REGIONAL BANKS REPORTED FAVORABLE Q1 RESULTS

  • 19:16 GMT FXWire Pro

    HOLLANDE : WOULD BE DESIRABLE THAT SPANISH BANKS ARE RECAPITALISED, PREFERABLY BY EUROPEAN MECHANISM

  • 19:16 GMT FXWire Pro

    BRENT CRUDE FUTURES SETTLE AT $107.14/BBL, DOWN 0.33 PCT; FOR THE WEEK, BRENT CRUDE SLIPS 3.7 PCT

  • 19:08 GMT FXWire Pro

    HOLLANDE : IN FAVOUR OF USING ALL INSTRUMENTS TO LOWER OIL PRICES

Forexperts
David Song

By David Song

Euro Tests For Support Ahead Of G8 Summit, Sterling To Lag Behind

The Euro bounced back from a fresh monthly low of 1.2641 as a spokesperson for the EU denied rumors that the group is working on a...

Mohammed Isah

By Mohammed Isah

USDJPY: Further Weakness Envisaged

With USDJPY breaking below the 79.42 level, the risk is for it to decline further. This now sets the stage for a run at the 79.00 level.

Walid Salah El Din

By Walid Salah El Din

18/5/2012 - The Current Market Sentiment

The pressure is still continued at the single currency because of the political risks which threatening the union after Hollande...

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