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Tag: market
2008-11-14 01:44:21| FXstreet.com The Foreign Exchange Market
Market Review - 13/11/2008 23:03 GMT Japanese yen tumbles on the rally in U.S. stock markets The Japanese yen fell sharply against major currencies due to the late rally in U.S. stock markets as bargain hunters rushed back into the market to scoop up beaten-down shares and prompted investors to buy back higher-yielding assets. Earlier in the day, Fed's Stern said U.S. Federal Reserve has taken appropriate action to stem the worst credit crisis in decades but the
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2008-11-14 01:10:49| Guardian Unlimited Business - more business news
Workers pin hopes on Obama for bail-out, as Ford and Chrysler fight for survival after collapse of American market
2008-11-14 00:41:21| Knowledge@W.P. Carey
The U.S. real estate market, which was central to the global financial crisis, remains deeply troubled, and a full recovery could be years away, according to industry experts and analysts at the W. P. Carey School of Business. The problems of real estate and the economy are especially severe in Arizona and other Sunbelt states, where construction is a cornerstone of the local economies. As the housing market continues to fall, non-residential real estate -- which includes offices, retail, warehouses, and other structures -- has remained a bright spot in the national economy, but now there are signs it too is headed for a slowdown.
2008-11-13 23:23:05| FXstreet.com The Foreign Exchange Market
EURO The euro moved higher vis--vis the U.S. dollar today as the single currency tested offers around the US$ 1.2540 level and was supported around the $1.2385 level. U.S. equity prices suffered another major decline yesterday with the Dow off more than 400 points. Traders dumped U.S. assets after the U.S. Treasury announced it no longer plans to purchase toxic mortgage assets, a US$ 700 billion plan that was the centerpiece of the U.S. governments bailout plan just weeks
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2008-11-13 23:23:05| FXstreet.com The Foreign Exchange Market
EURO The euro moved higher vis--vis the U.S. dollar today as the single currency tested offers around the US$ 1.2540 level and was supported around the $1.2385 level. U.S. equity prices suffered another major decline yesterday with the Dow off more than 400 points. Traders dumped U.S. assets after the U.S. Treasury announced it no longer plans to purchase toxic mortgage assets, a US$ 700 billion plan that was the centerpiece of the U.S. governments bailout plan just weeks
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