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Thread: Forex news from InstaForex

  1. #371

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    Australian Dollar Weakens Against Majors


    The Australian dollar drifted weaker against its key counterparts in early Asian trading on Wednesday.

    The aussie reached 1.0208 against the US dollar and 93.66 against the yen, down from Tuesday's closing values of 1.0232 and 94.12, respectively.

    The Australian dollar also slipped to 1.2367 against the New Zealand dollar and 1.2799 against the euro from yesterday's closing quotes of 1.2402 and 1.2773, respectively.

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  2. #372

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    Australian Dollar Weakens Against Majors


    The Australian dollar drifted weaker against its key counterparts in early Asian trading on Wednesday.

    The aussie reached 1.0208 against the US dollar and 93.66 against the yen, down from Tuesday's closing values of 1.0232 and 94.12, respectively.

    The Australian dollar also slipped to 1.2367 against the New Zealand dollar and 1.2799 against the euro from yesterday's closing quotes of 1.2402 and 1.2773, respectively.

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  3. #373

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    U.S. Dollar Trades At 3-day Low Against Canadian Dollar


    In early Asian deals on Thursday, the U.S. dollar lost ground against the Canadian dollar.

    The greenback fell to a 3-day low of 1.0228 against the loonie from yesterday's close of 1.0232. The greenback may face next downside target level at 1.02.

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  4. #374

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    Australian Dollar Weakens After China Manufacturing PMI Hits 5-month Low


    The Australian dollar edged lower against its major counterparts on Friday morning in Asia after a report showed that the Chinese manufacturing PMI eased to a 5-month low in February.

    Chinese Manufacturing PMI reached 50.1 in the month of February, down from previous month's figure of 50.4.

    Economists had expected the headline index to advance to 50.5 in the month. The aussie slipped to 1.0208 against the US dollar and 94.48 against the yen immediately following the data.

    The Australian currency also drifted weaker to 1.2809 against the euro and 1.2376 against the New Zealand dollar around the same time.

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  5. #375

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    Asian Shares weighed by Patchy Growth Outlook, US Data Supports


    Asian shares eased on Monday, with sentiment hurt by a patchy global growth outlook and weak data from Europe, but losses were limited as robust U.S. economic figures overshadowed worries about automatic spending cuts hurting the U.S. economy.

    The MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, with Australian shares falling 0.4 percent on lower metal prices. South Korean shares opened up 0.1 percent after financial markets were closed on Friday for a holiday.

    Japan's Nikkei stock average opened 0.8 percent higher as a weaker yen helped buoy sentiment.

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  6. #376

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    Asian Shares Rebound, Easy Policies feed Risk Taking


    Asian shares rebounded strongly on Tuesday after a sharp sell-off triggered by slumping Chinese stocks the previous session, as a globally accommodative monetary stance helped revive risk appetite.

    The MSCI's broadest index of Asia-Pacific shares outside Japan jumped 1 percent after tumbling 1.3 percent as Chinese shares dived on concerns Beijing's move to tighten the housing market could weigh on growth.

    Australian stocks outperformed their Asian peers with a 1.5 percent rally, led by financial stocks ahead of an interest rate decision by the Reserve Bank of Australia. Japan's Nikkei stock average rose 0.8 percent. Seoul shares open up 0.46 percent.

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  7. #377

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    Dow Record Bolsters Risk Sentiment, Lifts Asian Shares


    Asian shares extended gains on Wednesday as investors grew more risk-friendly following Wall Street's record close, signs of continuing U.S. economic recovery, and globally accommodative monetary conditions.

    The MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, after surging 1.3 percent the day before. Australian stocks jumped 0.9 percent, with banks and miners leading the index as investor confidence were buoyed by upbeat domestic data and signs of steady growth in China.

    Japan's Nikkei stock average opened up 1.1 percent at a fresh 4-1/2-year peak. South Korean shares opened up 0.8 percent.

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  8. #378

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    Asian Shares Retreat After Rally, C.bank Meetings in Focus


    Asian shares fell after two strong days of gains on Thursday, as investors focused on meetings of the central banks of Japan, Britain and the euro zone for signs of more policy stimulus, while solid U.S. economic data underpinned the dollar.

    Japan's Nikkei stock average was one major exception, soaring to its highest since late September 2008.

    The MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent, having recouped much of its losses incurred on Monday when it tumbled to a nine-week low.

    South Korean shares led the declines in the pan-Asian index, with a 0.7 percent drop. Australian shares fell 0.4 percent after earlier touching a fresh 4-1/2-year peak.

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  9. #379

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    NZ Dollar Ticks Down Against Majors


    The New Zealand dollar edged lower against its major opponents on Friday morning in Asia.

    The kiwi reached 0.8266 against the greenback, down from Thursday's closing value of 0.8285.

    The New Zealand dollar that advanced to an 11-day high of 78.74 against the yen at the beginning of the Asian session slipped back to 78.50.

    The kiwi also drifted lower to 1.5853 against the euro and 1.2414 against the Australian dollar, compared to yesterday's closing quotes of 1.5830 and 1.2402, respectively.

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  10. #380

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    Japan M2 Money Stock Rises 2.9% In February


    The M2 money stock in Japan was up 2.9 percent on year in February, the Bank of Japan said on Monday, standing at 828.2 trillion yen.

    That beat forecasts for an increase of 2.7 percent on year, which would have been unchanged from the January reading.

    M3 money stock was up an annual 2.4 percent to 1,136.6 trillion yen - also exceeding forecasts for a gain of 2.3 percent.

    That also would have been unchanged from the previous month. The L money stock added 1.3 percent on year to 1,472.0 trillion yen after collecting a revised annual 1.2 percent a month earlier.

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