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Euro rises to session high versus dollar  LONDON: The euro rose to a session high against the dollar on Monday on stop-loss buying, traders said, with many expecting it to trade within well-worn ranges amid falling volumes. The euro rose to a session high of $1.2321 on trading platform EBS, rising past stop-loss buy orders above $1.2310. Offers to sell the euro were reported above $1.2330/50, traders said. "I think it'll be rangebound until September," a London-based trader said, adding that he expected the euro to trade between $1.2220 and $1.2370 this week.   Copyright Reuters, 2012   ...

Sterling weaker as investors brace for weak UK data  LONDON: Sterling fell on Monday, moving lower in line with other currencies perceived as a higher risk and weighed down by expectations that a worsening UK economy would drive the Bank of England to pump yet more money into the economy soon. The pound had eked out modest gains last week after the BoE Governor Mervyn King dashed speculation it could cut interest rates shortly, despite downgrading its forecast for the recession-hit UK economy. The BoE looks ...
Rouble slides on profit taking; central bank holds rates  MOSCOW: The Russian rouble weakened and stock indexes dipped on Friday, battered by profit taking and a spike in risk aversion after Chinese trade data suggested growth in the big Asian economy was still sluggish. Strong oil prices, however, limited losses. The central bank's decision to keep its key interest rates unchanged had no market impact as it was widely expected and had been already priced in. By 1328 GMT the rouble eased 0.8 percent to 31.91 against ...
Sterling eases but BoE rate stance seen supportive  LONDON: Sterling fell on Friday as weak Chinese economic data cooled appetite for perceived riskier currencies, although the Bank of England's signal this week that it would not cut interest rates was expected to help limit losses. Bank of England governor Mervyn King on Wednesday damped expectations of a rate cut soon, arguing that such a move would damage some financial institutions and be "counter-productive", spurring a jump in the pound. Sterling shed 0.3 percent to $1.5586 ...
Sterling holds gains but economy worries remain  LONDON: Sterling was steady on Thursday, retaining solid gains made the previous day after the Bank of England played down the possibility of an interest rate cut, though concern about a weak UK economy checked gains. Sterling was flat on the day at $1.5640, having earlier extended Wednesday's gains to reach a one-week high of $1.5686. It rose against the euro. The euro was down 0.3 percent at 78.705 pence, as the common currency came under broad ...
Euro falls as optimism about ECB action wanes  LONDON: The euro fell on Thursday as optimism about policymaker action to address the euro zone debt crisis waned, while the Australian dollar gained after a drop in Chinese inflation raised the chances that China will act to stimulate its economy. The euro fell 0.5 percent to $1.2306, well below a one-month high of $1.2443 set on Monday, with traders citing eastern European accounts selling. They said it could extend losses if it breaks below stop-loss ...
Euro drops as optimism about ECB action wanes  LONDON: The euro fell on Thursday as optimism about policymaker action to address the euro zone debt crisis waned, though most growth-linked currencies held firm after a drop in Chinese inflation increased investor appetite for risk. The euro struggled against Scandinavian currencies as some investors who are anxious about crisis and the region's sluggish growth prospects sought safety. It hovered near 12-year lows against the Swedish crown and was weak near a 9-1/2 year trough against ...


Index Closing Chg%
Arrow DJIA 16,262.56 0.55
Arrow Nasdaq 4,034.16 0.29
Arrow S&P 1,842.98 0.68
Arrow FTSE 6,541.61 0.64
Arrow DAX 9,173.71 1.77
Arrow CAC-40 4,345.35 0.83
Arrow Nikkei 13,996.81 0.62
Arrow H.Seng 22,671.26 1.60
Arrow Sensex 22,484.93 0.64

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