Thursday, May 17, 2012
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FOREX-Dollar gains as investors shun risk

* Dollar gains, recovering from recent falls

* Recent risk rally stalls as investors take profit

* Euro down 0.2 pct vs dollar; Aussie falls sharply

* Oil, US stock futures fall, though European shares rise

The dollar gained broadly on Wednesday, recovering from recent losses while investors took profits on currencies such as the euro and Australian dollar which have risen sharply recently >>

 

FOREX-Dollar drifts sideways as market awaits fresh leads

* Euro firmer vs dollar but shy of 8-week high

* More Treasury auctions awaited after weak 2-yr sale results

The dollar drifted sideways against a basket of currencies on Wednesday, hovering not far from the lowest level of the year, as investors awaited fresh leads in coming economic events in the United States. >>

FOREX-Dollar, yen gain as risk rally stalls

* Dollar, yen gain as investors take profits on risky assets

* Euro falls 0.1 pct vs dollar, 0.2 pct vs yen

* Aussie falls sharply after steep gains on Tuesday

* European shares rise, helping stem euro's losses

The dollar and the yen gained broadly while perceived higher risk currencies came under heavy selling pressure on Wednesday as riskier assets succumbed to profit-taking after a recent strong rally. >>

 

 

New Zealand dollar hits 10-month high vs US dlr

The New Zealand dollar edged higher against a broadly lower U.S. dollar on Tuesday, hitting a 10-month high. >>

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