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  Thu, 11 March 2010

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FX Market News

FX Market NewsCheck Market News Summary and Price Chart at the bottom of this page

Encore analyses and monitors a range of currency metrics daily which include:

CurrenciesPrice Sources
  • US Dollar (USD)
  • British Pound (GBP)
  • EMU Euro (EUR)
  • Swiss Franc (CHF)
  • Japanese Yen (JPY)
  • Australian Dollar (AUD)
  • Bank of England
  • Reuters
Curve lengthFundamental Factors
  • 30 years
  • Macro-economic indicators

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FX Market News Summary

The dollar dropped against the euro as former European Commission President Romano Prodi said that the worst of Greece’s financial crisis is over and other nations in the region won’t follow in its path. The greenback traded at $1.3657 per euro, down 0.4 percent from $1.3602 yesterday. A weaker dollar bolsters the appeal of raw materials as an alternative investment.


Last Updated ( Thu, 11 March 2010 )
 

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