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Forex: Credit Default Spreads and EUR/USD

FOREX: CREDIT DEFAULT SPREADS AND EUR/USD EUR/USD: G7 LEAVES MUCH TO BE DESIRED GBP/USD: LEADS G7 PUSH FOR BANKING FEE USD/CAD: NEW BUBBLE IN HOUSING ? NZD/USD: BOLLARD FINDS THAT ECONOMY IS STILL FRAGILE AUD/USD: CUTTING BACK ON

US Dollar Enjoys a Sharp Bounce as Sentiment Dips and Service Activity Improves

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• British Pound: Can a Timely Shift in the Bank of England’s Monetary Policy Revive the Sterling’s Run? • Euro Finds Little Comfort in the EU’s Approval of Greek Deficit Plans, Economic Outlook • New Zealand Dollar Quickly Closes in on Support after the Unemployment Rate
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Dollar Bulls Regain Control Ahead Of Rate Decisions

DOLLAR BULLS REGAIN CONTROL AHEAD OF RATE DECISIONS EUR/USD SOLD AHEAD OF ECB MEETING GBP/USD: RISK IS TO THE UPSIDE FOR BOE NZD/USD: UNEMPLOYMENT RATE HITS 10 YEAR HIGH AUD/USD: SERVICE SECTOR ACTIVITY CONTRACTS USD/CAD: IVEY PMI DUE FOR

Dollar down after quiet session

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At 7am AEDT, the dollar was trading at $US0.8827/29, down 0.49 per cent from yesterday's close of $US0.8871/74. From 7am AEDT, the local unit had traded between $US0.8815 and $US0.8905. Ozforex corporate dealer Darren Richardson said the local currency had had a "pretty quiet night,"
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AUD | Australian Dollar opens lower after quiet session, profit-taking

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The Australian dollar opened lower after a quiet overnight session and profit-taking. At 7am, the Australian dollar was trading at 88.27 US cents, down 0.49 per cent from yesterday's close of 88.71 US cents. From 7am, the local unit had traded between 88.15 and 89.05 US cents. It was
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$A opens lower after quiet session

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AAP The Australian dollar opened lower after a quiet overnight session and profit-taking. At 0700 AEDT, the Australian dollar was trading at $US0.8827/29, down 0.49 per cent from Wednesday's close of $US0.8871/74. From 0700 AEDT, the local unit had traded between $US0.8815 and
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US market retreats after two-day rally

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AAP NEW YORK - The stock market has retreated from a two-day rally after growth in the United States' services sector fell short of expectations. The Institute for Supply Management said its index of service activity rose to 50.5 in January from a revised 49.8 in December. The
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