Dollar falls as rate zenith predicted

Fri, 30 Jun 06 14:00 pm

The dollar fell yesterday despite a hike in interest rates as analysts believe economic reports today will show a cooling of the economy, signaling and end to the run of recent rate rises.

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Pound falls as EU and US rates look more tempting

Thu, 29 Jun 06 14:00 pm

The pound hit a two month low against both the euro and the dollar yesterday as investors tip the Bank of England to freeze rates while the US and European central banks are expected to hike borrowing costs.

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US rate rise expected as confidence grows

Wed, 28 Jun 06 14:00 pm

The dollar is expected to keep rising against other currencies as economic reports point to a healthy economy and the prospect of further rate rises.

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Support for euro adoption falls to lowest ever level

Tue, 27 Jun 06 14:00 pm

Despite recent growth in the eurozone's largest economy, Germany, support for the European currency amongst medium sized companies in the UK has fallen to its lowest level ever.

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Attention turns to US rate decision

Mon, 26 Jun 06 14:00 pm

All eyes this week are on the US Federal Reserve as it prepares for an interest rate decision on Thursday, widely expected to be at least a rise of a quarter point to 5.25 per cent.

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Barclays joins 6% Fed rate hike predictors

Fri, 23 Jun 06 14:00 pm

As the US Federal Reserve's rate-setting committee prepares to meet next week, analysts are further predicting that rates will be hiked.

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Sterling falls against Euro

Thu, 22 Jun 06 14:00 pm

Sterling has fallen almost half a per cent against the Euro, following the release of minutes from the Bank of England's monetary policy committee (MPC).

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Japanese stocks fall amid Fed rate hike rumours

Wed, 21 Jun 06 14:00 pm

Japan's stocks continued their fall amid concerns that the US Federal Reserve's predicted interest rate hike would reduce the amount of spending in the Asian country.

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Dollar up on yen amid positive consumer feeling

Tue, 20 Jun 06 14:00 pm

The dollar was strong against the yen earlier today, but was performing weakly in comparison to the euro, it has been reported.

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Euronext merger 'could produce LSE rival'

Mon, 19 Jun 06 14:00 pm

A brand new London market could be opened as a result of a merger between the New York Stock Exchange (NYSE) and Euronext, according to the chief executive of the NYSE.

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Euro steady against dollar as Fed calms rate hike fears

Fri, 16 Jun 06 14:00 pm

The euro held steady last night against the US dollar as stock markets around the world began to stabilise.

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Dollar falls on concern over manufacturing growth

Thu, 15 Jun 06 14:00 pm

Concern that high interest rates in the United States are hampering the country's manufacturing output has seen the dollar fall and many predict it will continue to do so today.

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Yen falls as insider trading scandal touches BoJ governor

Wed, 14 Jun 06 14:00 pm

The yen fell sharply against other currencies yesterday when it was revealed that the country's central bank governor had invested in a fund run by Yoshiaki Murakami, who was arrested last week on suspicion of insider trading.

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King: Interest rates too "accommodative"

Tue, 13 Jun 06 14:00 pm

The governor of the Bank of England has warned that world interest rates may have been too low for too long and that there are bumpier times ahead for the UK economy as a result.

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Dollar enjoys longest rally on euro in eight months

Mon, 12 Jun 06 14:00 pm

The week starts with the dollar enjoying its longest sustained rally against the euro in eight months, strengthened by the increasing prospects of a US interest rate rise.

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ECB rate rise fails to pick up the euro

Fri, 09 Jun 06 14:00 pm

Despite yesterday's announcement of a rate rise to 2.75 per cent by the European Central Bank (ECB), the euro traded lower against the dollar.

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UK rates expected to hold, eurozone rates to rise

Thu, 08 Jun 06 14:00 pm

Sterling rose against the euro on Wednesday buoyed by news of intra-European takeovers as traders look to the Bank of England today for positive news on interest rates.

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Sterling rises on positive economic data

Wed, 07 Jun 06 14:00 pm

Sterling rose against the euro as positive reports on the state of the UK economy buoyed investors.

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Euro strengthens as Turkish lira continues decline

Tue, 06 Jun 06 14:00 pm

The results of Europe's PMI Index, released today are expected to show that growth in European services industries was the strongest in more than five years, adding further weight to the argument that the European Central Bank (ECB) will raise rates on Thursday.

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Euro rises on expectation of rate increase

Mon, 05 Jun 06 14:00 pm

The euro rose slightly today ahead of expectations that the European Central Bank (ECB) will signal rate rises and the US Federal Reserve will hold borrowing prices this week.

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BGI predicts dollar will rally

Fri, 02 Jun 06 14:00 pm

The dollar could experience a surprise boost in the near future if predictions from Barclays Global Investors (BGI) come true.

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Dollar doing well as FOMC minutes revealed

Thu, 01 Jun 06 14:00 pm

The US dollar was performing well compared to other world currencies overnight, it has been reported.

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