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Micro Cap11,605 -0.88

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Forex News


Dollar Barely Budges Ahead Of Easter Break


The dollar was narrowly mixed in quiet dealing versus other majors on Thursday, as traders got a head start on the Easter holiday. There was little reaction to the day's economic news, including a slightly downbeat reading on the U.S. jobs sector. The

Yen grinds lower as global stocks rally, dollar holds steady


The yen wallowed at one-week lows against the dollar early on Thursday, having eased broadly overnight as a rally in global stocks dented demand for the safe-haven currency. The dollar bought 102.22 yen after rising 0.3 percent on Wednesday, while the

Dollar Unable To Sustain Early Gains


The dollar gave up early gains on Tuesday amid disappointing news on the U.S. housing market. The NAHB/Wells Fargo Housing Market index rose to 47 in April from a downwardly revised 46 in March, the group said in a statement. Economists expected a

China money market shrugs off massive drain, benchmark rate slides


(Reuters) - China's key money rates fell on Tuesday morning as dealers in the interbank market ignored a massive 178 billion yuan ($28.62 billion) drain by the central bank during open market operations, the largest single-day drain since February. The

Australia & NZ dollars steadier, up against euro


SYDNEY/WELLINGTON: The Australian and New Zealand dollars climbed against a broadly softer euro on Monday and were generally better-bid as Asian equities appeared to be stabilising after a punishing selloff. The euro dipped to A$1.4738 and NZ$1.5959,

China’s yuan holds steady as market awaits Q1 data


HONG KONG: China's yuan held steady against the dollar on Monday following a weaker official midpoint, with the market awaiting a run of economic indicators this week to gauge growth momentum in the world's second-largest economy. Spot yuan changed hands

Euro down in Asia on Draghi easing comments


TOKYO: The euro weakened in Asia Monday after European Central Bank chief Mario Draghi said policymakers may need to take action to stem the unit's rise. In Tokyo midday trade, the single currency weakened to $1.3848 and 140.62 yen, down from $1.3882 and

Singapore Maintains Currency Stance as Economic Growth Slows


Singapore’s central bank maintained its pace of currency appreciation, seeking to support growth while guarding against inflation as the economy expanded less than analysts estimated last quarter. Gross domestic product rose an annualized 0.1 percent in

Yuan weaker, despite dollar decline after soft export data


SHANGHAI: China's yuan slipped on Thursday after exports declined for a second consecutive month in March, but some economists partly blamed intense yuan speculation last year for artificially inflating trade figures then and distorting comparisons now.

Russia’s central bank right to shore up rouble short term: World Bank


WASHINGTON: Russia's central bank made the right decision to defend the rouble in the short term and prevent excessive volatility in the exchange rate when the Ukraine crisis escalated, a senior official at the World Bank said on Wednesday. The Russian

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