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Dollar falls sharply on weak Consumer Sentiments |
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The dollar fell against the euro on Friday as an unexpected sharp drop in US consumer sentiment index to a 28-year low in May diminished the view of an interest rate hike this year. |
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Sterling up against a broadly weak Dollar |
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Sterling rose against the dollar on Friday supported by weakness of the counterpart due to an unexpectedly sharp drop in US consumer sentiment index to a 28-year low in May. |
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Dollar volatile; closes up against Euro |
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The dollar was volatile against major currencies, and closed marginally higher against the euro. |
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Sterling closes relatively flat |
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Sterling moved in a tight range yesterday and closed relatively flat against the dollar. |
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Dollar closes in the red; CPI up 0.2 % |
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Dollar closed in the red after trading in a tight range yesterday. The data from US Labor Department showing that inflation moderated in April, with the Consumer Price Index recording a rise of 0.2%, affected the traders’ sentiments |
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Range-bound trading in Sterling |
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Sterling moved in a tight range yesterday and closed marginally up. Uncertainty regarding the economy limited the gain in sterling. |
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Dollar recovers on strong Retail Sales data |
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Dollar recovered against the euro yesterday on a stronger than expected US retail sales data. |
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Sterling weakens against Dollar |
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Sterling closed weak yesterday on UK CPI data. According to the data, British consumer prices surged 0.8 percent in April from March, exceeding expectations for a 0.5 percent rise. |
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Dollar extends losses against Euro |
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Dollar continued weak against the euro on Monday on renewed concern that Fed would still have to cut interest rate to boost growth. |
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Sterling edges higher after Inflation Data |
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Sterling closed higher on Monday after the release of UK wholesale inflation data, which prompted investors to pare back expectations on how far the Bank of England is likely to cut interest rates this year. |
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Dollar falls on renewed credit concerns |
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Dollar declined against the euro on Friday on renewed credit market concerns after the result of American International Group. |
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Sterling closes marginally lower |
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Sterling closed marginally down Friday due to the expectation of rate cut in the coming month for facing a sharp economic slowdown. |
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Dollar ends lower after range-bound trading |
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Dollar closed slightly lower after a range bound movement against the euro yesterday, due to the recovery in European currency after the decision from ECB.
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Sterling gains marginally |
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Sterling gained marginally after the Bank of England held interest rates at 5 percent. |
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Dollar up as Euro slides on weak data |
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Dollar rose against the euro yesterday as weak economic data from the Euro-zone put pressure on the euro, helping the counterpart. |
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Sterling weakens against the dollar |
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Sterling fell against the dollar yesterday with weak consumer morale, output and jobs figures keeping investors focused on a sharply slowing UK economy and the prospect of further interest rate cuts. |
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Dollar slides further down |
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Dollar drifted lower against the euro yesterday and closed at 1.5529 (1.5491) |
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Sterling marginally up; Central Bank meetings in focus |
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Sterling closed marginally higher against the dollar yesterday, while the market players awaited Thursday’s key Central Bank policy meetings; when the European Central Bank and the Bank of England will announce the results of interest rate policy meetings. |
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Dollar takes a breather |
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Dollar eased against the euro yesterday, despite an unexpectedly strong data from the US Service sector. |
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Sluggish movement in Sterling |
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Sterling witnessed a sluggish movement yesterday in the absence of any major data. |
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