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Euro strengthens despite delay on Greek deal

The euro climbs against the dollar in spite of a further delay to a Greek debt deal, although investors still expect a positive outcome

Euro nears six-week high

Australian dollar moves sharply higher after the Reserve Bank of Australia surprises the market by leaving its main rate at 4.25 per cent

Forex bulls look to US neighbours for profit

Traders are buying the Mexican peso and Canadian dollar against the euro with the countries best-placed to gain from the a growing US economy

Avoiding EM economies is the biggest gamble of all

The most likely path for unwinding global imbalances is through appreciation of emerging market currencies, writes Jerome Booth

China gold imports from HK surged in 2011

China’s gold imports from Hong Kong more than trebled in 2011 from the year before, hitting a record 428 tonnes as savers sought to hedge against inflation

Japan confirms stealth intervention to limit yen

Tokyo sold Y1.02tn without warning during the first four days of November to limit the currency’s rise against the dollar

Strong currencies hurt commodity producers

Viewed from the perspective of the Aussie dollar, rand, real or rouble, the markets are moving in a different direction

Australia defies expectations and holds rates

The RBA held the official cash rate at 4.25%, citing signs of improvement in the global economy, but kept monetary easing on the table

Traders on alert for yen intervention

Japan knows that should it act unilaterally to prevent further currency appreciation as it did last year, it would risk upsetting the US Treasury

Stocks surge on strong US jobs data

Equities and commodities benefit from robust US employment data with the FTSE All-World index at its best levels since start of August

Dollar rises as jobs boost dents QE3 speculation

The dollar strengthens after US data show a larger than expected rise in employment with investors taking this as a positive signal on the economy

Riot halts Egypt bourse rally

Stock exchange index drops 2.2 per cent following deadly riots, following 28 per cent rise on January.

Aussie dollar hits five-month high

Currency bounces after data shows Australia’s trade surplus rises to a record high in 2011 while Swiss franc loses some of its recent strength

‘Too early’ to spot gaps in global regulation

Increasing concern differences in the way G20 reforms on derivatives are being fleshed out by region could lead to ‘regulatory arbitrage’

SNB head warns of political fallout after crisis

Thomas Jordan, acting chairman, says bank has come under domestic political pressure over the potential cost of further interventions


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