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Euro Surges Against Dollar as EU Signals Support for Greece - Bloomberg.com

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Japan’s currency slid the most in more than three months against the 16-nation common currency as Olli Rehn , who takes over as European economic affairs commissioner tomorrow, said Greece has to “do the necessary measures” in exchange for the EU’s support. German lawmakers are
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Euro Surges Against Dollar as EU Signals Support for Greece

By Ben Levisohn Japan’s currency slid the most in more than three months against the 16-nation common currency as Olli Rehn , who takes over as European economic affairs commissioner tomorrow, said Greece has to “do the necessary measures” in exchange for the EU’s support.

Yen, Dollar Retreat on Speculation Europe Will Assist Greece

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Feb. 9 (Bloomberg) -- The yen and dollar fell on speculation European officials meeting this week will agree to assist Greece in tackling its budget deficit, reducing demand for the currencies as a refuge. The euro snapped a four-day slide versus the dollar after a European Central Bank
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Euro Still Looks Like ‘Sickest Dog in the Litter,’ RBS Says

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By Daniel Tilles The “euro is still looking like the sickest dog in the litter,” Greg Gibbs, a currency strategist in Sydney, wrote today in a report. “It has broken below the key $1.374 level that was once a key resistance until May last year, and a key base for the currency in
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AUD | Australian Dollar edges up as euro worries ease

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The Australian dollar edged cautiously higher on Tuesday as recent tensions over sovereign debt in the euro zone seemed to ease. Traders said there were hopes the EU could make progress on the debt troubles of Greece, Portugal and Spain at a meeting of government heads on
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Australian dollar creeps higher as mood less bleak

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* Asian shares escape worst of Wall Street selloff SYDNEY, Feb 9 (Reuters) - The Australian dollar edged cautiously higher on Tuesday as recent tensions over sovereign debt in the euro zone seemed to ease. Traders said there were hopes the EU could make progress on the debt troubles of
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Dollar lower at noon, bonds firmer

AAP At 1200 AEDT, the Australian dollar was trading at $US0.8643/44, down 0.24 per cent from Monday's close of $US0.8664/66. Since 0700 AEDT, the local unit traded between $US0.8614 and $US0.8686. Senior dealer with online currency trader Easy Forex, Francisco Solar, said a decline in

Market drags Australian dollar lower at noon

At 12:00 (AEDT), the dollar was trading at $US0.8643/44, down 0.24 per cent from yesterday's close of $US0.8664/66. Since 07:00 AEDT, the local unit traded between $US0.8614 and $US0.8686. Senior dealer with online currency trader Easy Forex, Francisco Solar, said a decline in risk

Canadian Dollar Falls Toward Three-Month Low as Stocks Drop

By Chris Fournier The currency, known as the loonie for the image of the aquatic bird on the C$1 coin, has declined 1.9 percent against the greenback in 2010 on concern the struggle of European nations to contain budget deficits and China’s move to discourage lending will slow the

Canada’s Dollar Rises From Almost Three-Month Low as Oil Gains

By Chris Fournier “We’ll continue to follow the risk-aversion, risk-appetite story,” said Bob Block , director of foreign-exchange sales in Toronto at Bank of Montreal, Canada’s fourth-largest lender. “The Canadian dollar is a currency that seems to benefit from risk appetite

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