Forex: USD/JPY extends decline to 76.65

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Forex Crunches for the Weekend – January 28 2012

Forex Crunches for the Weekend – January 28 2012

ForexCrunch Forex Crunches for the Weekend – January 28 2012 US Economy Grew by 2.8% in Q4 2011 – Dollar Rises EUR/USD Jan. 27 – Bounces Off Channel Resistance as Euphoria Fades The unbearable lightness of being European Cliff Hanger – Italy Bernanke’s blow to the US dollar will certainly be felt and discussed...
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FOREX WEEK AHEAD: Market Awaits Payroll Data, Greek Debt Deal

NEW YORK (Dow Jones)–The dollar faces a rocky road next week as foreign-exchange markets focus on employment data, a European Union meeting and details of a Greek bond restructuring. The January U.S. nonfarm payrolls data due Feb. 3 have taken on added significance with the release of Friday’s disappointing gross domestic product reading. If...
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WORLD FOREX: Euro Rises As Investors Hope For A Greek Deal

NEW YORK (Dow Jones)–The euro rose to a six-week high Friday as investors became more optimistic that Greece and its private-sector creditors would reach an agreement. Reports on the progress of the talks, including a comment on Friday by Finance Minister Evangelos Venizelos that Greece was one step away from concluding a deal on...
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Attention Investors: More Fruits and Veggies From ConAgra! (The Motley Fool)

Packaged foods giant ConAgra Foods (NYSE: CAG – News) looks set to expand its presence outside U.S. borders, as it plans to acquire Del Monte Canada from an affiliate of private equity firm Sun Capital Partners for an undisclosed amount. The move comes just months after ConAgra’s repeated attempts to acquire Ralcorp (NYSE: RAH...
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Analysis: Banks expect to spend less on bad mortgages (Reuters)

(Reuters) – Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans. The chief executives of JPMorgan Chase Co (JPM.N) and Bank of America Corp (BAC.N), the two biggest U.S. banks, said this month their rate of...
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Subpoenas issued to financial firms in expanded probe (Reuters)

WASHINGTON (Reuters) – The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday. Holder declined to provide specifics, including the names of the firms. “We are wasting no...
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