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FX Today is about the Yen and the Australian Dollar

April 03, 2012
The US dollar is largely within yesterday’s trading ranges against the major foreign currencies today. The main exception is the Australian dollar, where the central bank kept rates on hold but encouraged the market to look for a rate cut next month. The unwinding of long AUD cross positions helped lift the yen after the BOJ reported the first de…
FX Today is about the Yen and the Australian Dollar FX Today is about the Yen and the Australian Dollar Reviewed by Marc Chandler on April 03, 2012 Rating: 5
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Spain's Budget--Details Tomorrow

April 02, 2012
The details Spain's 2012 budget will be available tomorrow when it is presented to parliament. The government enjoys a large majority in parliament and there is no doubt that the budget will be approved. The importance for investors lies in the details that will provided to the broad stroke presentation made at the end of last week.
Prime Mini…
Spain's Budget--Details Tomorrow Spain's Budget--Details Tomorrow Reviewed by Marc Chandler on April 02, 2012 Rating: 5
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Greek Update

April 02, 2012
Following the Greek PSI in March, one would have thought Greece is out of the news until next month's election. However, the risk of another near-term default has increased, putting it back in the spotlight.
Investors who hold Greek bonds that are government by foreign (non-Greek) laws are balking at "voluntary" debt forgiveness tha…
Greek Update Greek Update Reviewed by Marc Chandler on April 02, 2012 Rating: 5
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Dollar Marginally Softer

April 02, 2012
The US dollar is marginally softer as North American players return to their posts. The better than expected official Chinese manufacturing PMI (53.1 from 51.0 in Feb and consensus for 50.5) saw steeper losses in the greenback, but the disappointing euro zone manufacturing PMI (47.7 same as the flash but weak details) helped cap the euro in front …
Dollar Marginally Softer Dollar Marginally Softer Reviewed by Marc Chandler on April 02, 2012 Rating: 5
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Big Changes for Marc to Market

April 01, 2012
So after much thought I've decided that we are going to change things up here at Marc to Market. After 25+ years I've decided to retire from financial market commentary and focus on my true passion: Pop Culture.
Why make predictions about currencies, interest rates, and sovereign ratings when I can monitor celebrity relationships and weig…
Big Changes for Marc to Market Big Changes for Marc to Market Reviewed by magonomics on April 01, 2012 Rating: 5
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