US Dollar climbs on Chinese economy worries

Note: This section contains information in English only.
Source: Bloomberg
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The greenback ascended versus most of its counterparts on news China's steel manufacturing is slowing, curbing demand for currencies dependent on Asian growth. US dollar climbed 0.3% versus Aussie to USD 1.0576 and advanced to against Japanese currency to JPY 83.43. Greenback traded USD 1.3236 per Euro. Currently EUR/USD is trading at USD 1.3236 and USD/JPY is trading at JPY 83.40.
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Tue, 20 Mar 2012 07:38:50 GMT

Euro Zone's current account surplus widened to 4.5 billion Euros in January

The current account surplus of the Euro Zone widened more than initially expected in January, reported the ECB. The Euro Zone's current account surplus widened to 4.5 billion Euros on a seasonally adjusted basis in January as compared to 3.4 billion Euros in December. Experts predicted the indicator to approach 4.3 billion Euros in January.

Tue, 20 Mar 2012 07:02:28 GMT

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