Thursday, May 17, 2012
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FOREX-Yen backs off peaks, Aussie lifted by GDP

The yen retreated from a seven-week high against the dollar and euro on Wednesday, pushed back after economic growth in Australia supported the case for an early rise in rates and powered the Australian dollar higher. >>

* Yen backs off highs vs dollar and euro

* Aussie gains after Q2 GDP as rate hike expectations rise

* Shanghai shares up, but most other regional stocks fall

Euro pares loss vs dlr on euro zone industrial orders

The euro pared some losses against the dollar on Monday after euro zone industrial orders came in much higher than expected. >>

CANADA FX DEBT-C$ gets boost from upbeat retail sales data

Canada's dollar rose to its highest level in over two weeks versus the U.S. currency on Monday after domestic retail sales data topped expectations. >>

* C$ hits highest level since Aug. 6.

 * Canada retail sales top expectations

 * Bond prices mostly flat

FOREX-Euro dips vs dollar, yen as risk aversion rises

The euro hit a two-week low against the dollar and yen on Monday as a slide in oil prices and global stock markets and doubts about the strength of a U.S. recovery prompted investors to cut exposure to risk. >>

* Euro hits 2-week low vs dollar and yen

* Europe shares, oil prices stumble, denting risk demand

* U.S. factory activity surges; consumer worries persist

* Japan Q2 GDP rises 0.9 pct qtr/qtr

 

 

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