Currencies News
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U.K. Consumer Confidence Falls to Lowest in Almost a Year on Budget Cuts
U.K. consumer confidence fell more than economists forecast this month as the prospect of government spending cuts undermined Britons’ optimism on the economic recovery, GfK NOP said.
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DPJ Lawmakers Urge Kan to Focus on Growth, Push Bank of Japan on Deflation
Lawmakers from Japan’s ruling party pressed Prime Minister Naoto Kan to shift the focus of his economic policy to growth from fiscal restraint and urge the central bank to do more to tackle deflation.
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Yen Strengthens to Year's Highest Level Against Dollar on Economy Concern
The yen rose to the strongest level this year against the dollar and gained for a third day versus the euro as signs the global recovery is losing momentum boosted demand for Japan’s currency as a refuge.
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Australian, New Zealand Dollars Weaken on Concern China's Growth Will Slow
The Australian and New Zealand dollars fell against the yen before a report economists said will show manufacturing growth slowed for a third month in China, adding to signs global growth is losing momentum.
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CURRENCIES
| EURO | 1.3038 | -0.0040 | -0.31% |
| JAPANESE YEN | 86.2840 | -0.5020 | -0.58% |
| BRITISH POUND | 1.5624 | 0.0011 | 0.07% |
| MEXICAN PESO | 12.7030 | -0.0159 | -0.12% |
| CHINA RENMINBI | 6.7735 | -0.0026 | -0.04% |
| CANADIAN DOLLAR | 1.0334 | -0.0038 | -0.36% |
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