Greenback edged higher on Monday

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Source: Forexpros
The U.S. dollar edged higher against the basket of major trading-partner currencies, amid heightened concerns about the Eurozone debt crisis. The greenback was higher versus the shared currency, with EUR/USD erasing 0.17% to 1.2367. The U.S. dollar was also higher versus the British pound, with GBP/USD down by 0.46% to 1.5571. At the same time, the ICE dollar index jumped 0.10% to 82.49.
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Mon, 06 Aug 2012 11:08:07 GMT

Pound falls as home values decline

The Sterling tumbled versus the U.S. Dollar, after two reports posting slowdown in the real estate market showing fragility of U.K.'s economy. The U.K. currency fell to the weakest in four weeks versus the Euro as Rightmore Plc reported U.K. home sellers might seek lowering prices to retain buyers, and Halifax said house values fell in July. The Pound slipped

Tue, 07 Aug 2012 16:10:10 GMT

U.S. stocks jumped on data

U.S. stocks advanced on Friday after four day of losses as the optimism on the Eurozone's debt crisis resolution grew and U.S. non-manufacturing activity jumped in July. The Dow Jones Index soared 1.7 per cent, to 13,098.29; the S&P 500 Index added 1.8 per cent, to 1,389.84, and the Nasdaq Composite jumped 1.9 per cent, to 2,965.29.

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