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The 17-nation currency held a drop from yesterday versus the yen before figures estimated to show European output shrank in November. Demand for the euro was limited before Spain and Italy sell debt today, amid concern the nations will struggle to meet funding needs. The New Zealand dollar maintained a three- day gain on prospects [...]

Financeroll – The U.S. dollar extended gains against most of its major counterparts on Thursday, despite the release of stronger-than-expected data on U.S. private sector employment, as concerns over the financial crisis in the euro zone continued to dominate market sentiment. During European afternoon trade, the dollar remained sharply higher against the euro, with EUR/USD [...]

Financeroll – The U.S. dollar edged higher against the yen on Thursday, as renewed concerns over the euro zone’s financial woes ahead of a French bond auction supported safe haven demand. USD/JPY hit 76.78 during early European trade, the daily high; the pair subsequently consolidated at 76.77, inching up 0.07%. The pair was likely to [...]

Financeroll – The euro trudged lower against the dollar Thursday, extending its recent softness as focus turned to a French sovereign-bond auction slated for later in the day. In the East Asian afternoon, the euro sat at $1.2914, down from $1.2939 late Wednesday in North America, and extending the currency’s fall below the $1.30 handle. [...]

Financeroll – The dollar gained on the euro Thursday, which lingered near its lowest level in 11 years vs. the Japanese yen, as Italy saw borrowing costs fall back from euro-era highs in its final bond auction of the year. The euro fell to $1.2892, down from $1.2938 in late North American trading Wednesday. It [...]

Financeroll – The euro held steady against the U.S. dollar early Thursday ahead of a key Italian bond auction due later in the day. The euro changed hands at $1.2938, unchanged from its level in late North American trade Wednesday. The previous day’s trading had seen the euro fall to its lowest level since September [...]

Financeroll – The pound was steady against the U.S. dollar in subdued trade on Thursday, as markets turned to an Italian debt auction later in the day amid ongoing worries over the handling of the debt crisis in the euro zone. GBP/USD hit 1.5429 during European morning trade, the pair’s lowest since December 14; the [...]

Financeroll – The Australian dollar was almost unchanged against its U.S. counterpart on Thursday, as market sentiment weakened ahead of Italy’s second bond auction this week amid sustained concerns over the euro zone’s debt woes. AUD/USD hit 1.0045 during late Asian trade, the pair’s lowest since December 20; the pair subsequently consolidated at 1.0092, inching [...]

Financeroll – The U.S. dollar turned up Wednesday after U.S. stocks opened in negative territory and fell further in early trading, sending the euro under $1.30 in thin trading volume. The euro saw little benefit earlier after Italy’s latest auction of short-term debt. The euro fell to $1.2991, from $1.3074 in North America late on [...]

Financeroll – The U.S. dollar was mixed to lower against its major counterparts in subdued trade on Wednesday, as markets were jittery ahead of a ten-year Italian bond auction despite a successful short term debt sale earlier in the day. During European afternoon trade, the dollar was flat against the euro, trading within striking distance [...]