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Saturday, March 5, 2011

Dollar, Yen headed for weekly earnings

Saturday, March 5, 2011
U.S. Dollar against the Yen since the first time in 3 weeks and weeks turned to profits.U.S. Dollar, the U.S. announced today ahead of the factory order data for 16 major currencies against the won 8. Yen, Japanese exporters rose against the euro on speculation that the companies would get the YenAustralian Central Bank, the Australian dollar against the euro before the ECB interest rate increase of 5-week low level on the idea to go to retreat.
Non-agricultural employment would be a key point of stating that JP Morgan Chase & Co. in Sydney. 'S Forex director Matthew Brady, "it makes sense to buy U.S. dollars over the next 3 months. However, these purchases should be made against the Euro," he said.
Dollar / yen parity 82.44 from 82.33 to declined. Parity yesterday 82.52 yen level, the highest level since February 24 had been tested. U.S. Dollar against the Yen appreciated 0.8 percent this week. Dollar, 1.3969 against the Euro is gaining value from 1.3957 to rose.
Eurp, 115.17 against the Yen before the output level, and then 114.91 to relaxed. If the Australian dollar traded against the euro 72.66 euro cents. Australian Dollar, in the day fell to 72.44 euro cents, the lowest level recorded since January 28.

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