Saturday, January 14, 2012

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iFOREX Daily- January 11, 2012

The U.S. Dollar weakened against high yield currencies as
risk aversion tapered off on optimism that E.U. leaders are working
to solve the sovereign debt crisis. The greenback slipped the most
against the New Zealand Dollar, as stocks and commodities rallied
on speculation that the Peoples Bank of China may cut bank reserve
requirements in

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Merkel And Sarkozy Go Back To Work

French President Nicolas Sarkozy and German Chancellor Angel
Merkel will return to the negotiating table today in order to work
on a plan that will save the Euro in the next three months. The two
E.U. leaders hope to create a fiscal compact rulebook for the
17-nation region. The rulebook is expected to delineate a

iFOREX Daily- January 13, 2012

The U.S. Dollar traded weak as several data reports spurred
risk appetite in the markets. Risk aversion tapered off towards the
finalization of successful bond auctions in Italy and Spain, and
continued to decline after announcements from the European Central
Bank and the Bank of England. The greenback traded low across the
board including against

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iFOREX Daily- January 12, 2012

The U.S. Dollar strengthened against the majority of its
peers as investors sought safety in the face of what could be more
trouble for the Euro region. The increase came after the Fitch
Ratings agency suggested that the European Central Bank boost bond
purchasing in order to prevent the demise of the shared currency.
Data