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Dollar Rises on Fed's $200 Million Loan Plan

The dollar rose against the euro and yen on Tuesday after the Federal Reserve announced it would boost lending to credit-hungry U.S. financial institutions in a bid to avert a recession.

FX Summary - Mar 10

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The dollar come under aggressive selling pressure against the yen, falling to its lowest level since 2000 at 101.38 as heightened risk aversion prompted a sharp rally by the Japanese currency. Persistent fears of instability in the US

Dollar Slips Against Yen

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The dollar slipped against the yen on Monday on concerns that a U.S. recession could dent stock prices but steadied after the head of the European Central Bank raised a warning about currency exchange rates.
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Dollar Recovers from Record Low Against Euro

The dollar rose after dipping to new all-time lows against the euro on Friday as a report of bigger than expected job losses took a back seat to a plan by the Fed to give additional loans to banks.
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EU, U.S. vow crackdown on computer counterfeits

EU and U.S. senior officials said on Friday they would crack down on counterfeiting of computer components after they seized over 360,000 fake items in just two weeks in a joint operation at the end of last year.
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Dollar down as consumer sentiment slides

The dollar fell against the euro on Friday after a gauge of consumer sentiment plunged to its lowest level since 1992, adding to fears that the U.S. economy may be slouching toward recession.
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Dollar Rises vs Yen on Rise on Retail Sales

The dollar rose to its highest level against the yen on Wednesday after a government report indicated that retail sales in the U.S. rose more than expected, easing concerns about the likelihood of a U.S. recession.
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Yen Rises Against Euro, Dollar

The yen rose against the dollar and euro on Monday as stocks fell amid inflation concerns and continuing problems in financial markets.
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Gold Edge Higher on BOE Rate Cut

Gold futures edged higher on Thursday, trading $912 an ounce, on speculation that central banks will mimic the U.S. by cut borrowing rates which boosted the appeal of the precious metal.
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Aviva sales up 25% in 2007

Aviva Plc has reported growth of 25 per cent in sales for the whole year 2007, worth £38,583 million, thanks to strong growth in North America and Asia. The group has also said it is positive of sales and profit growth in 2008.
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Euro slides after Trichet's growth comments

The euro declined to two-week lows versus the dollar on Thursday after European Central Bank President Jean-Claude Trichet said euro zone growth risks are to the downside, signaling lower interest rates this year.
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Dollar Falls Against Yen Ahead of Jobs Report

The dollar fell against the yen on Thursday after government reports showed softness in employment and personal spending ahead of a jobs report tomorrow.
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ECB Chief Outlines Lessons in Crisis Management

The head of Europe's Central Bank spoke on Wednesday about crisis management in light of the ongoing financial markets and economic turmoil, remarking on areas for improvement to avoid such major turbulent episodes.
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Dollar Hits 2-Year Low Against Yen

The dollar on Tuesday, reaching its lowest level against the yen in two years after a report about slow retail sales triggered concerns that the U.S. economy will go into recession.
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Dollar falls on weak retail sales

The dollar extended its declines against the euro and yen on Tuesday after data showed U.S. retail sales for December were below market expectations.
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Inflation causes ECB to move interest rates if necessary

Inflation causes ECB to move interest rates if necessary The European Central Bank is worried about inflation in the eurozone and ready 'to do whatever necessary' to avoid second-round effects, said ECB on Wednesday.
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Yen Falls on ECB Cash Injection

The Yen fell on Tuesday after the European Central Bank injected more than $500 billion to the banking system, boosting the carry trade.
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ECB says will act in a firm and timely manner

The European Central Bank's policymakers will act in a firm and timely manner to ensure that knock-on effects from higher oil prices do not appear, the ECB said in the editorial of its December bulletin.
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Euro rises on Fed cut outlook

The euro rose against the dollar and yen on Monday, as investors await that the Federal Reserve will lower interest rates Tuesday to boost the economy.
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Dollar slips after last week's gains, Fed in focus

The dollar slipped against most major currencies on Monday, reversing some recent strong gains ahead of an expected U.S. interest rate cut by the Federal Reserve this week.
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Euro Rises Versus Yen, Dollar

The euro rose against the yen and dollar on Thursday after the head of the European Central Bank, Jean Claude Trichet, reduced speculation of a rate cut, warning about inflationary pressure.
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Euro rises after Trichet comments

The euro rose against the dollar and the yen on Thursday after the European Central Bank left interest rates on hold but President Jean-Claude Trichet warned of strong upward pressure on inflation.
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Dollar Rises on Job Growth, Factory Reports

The dollar rose against major currencies on Wednesday after a U.S. government reports showed strong job growth, more factory orders and productivity gains.
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Dollar hits new depths, stocks rise

The dollar plumbed record lows against major currencies on Friday and briefly got close to $1.50 to the euro as concerns about the U.S. economy rattled investors but Asian and European stocks advanced.

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