Forex News and Rumors – Afternoon Update

Analysts Predict Euro will Weaken Against Dollar

Analysts with UBS and Barclays predict that the euro will lose up to 10 percent against the dollar over the next three months. More

Asian Currencies Gain on Stock Market Gains

Asian currencies ended the week on a high note spurred on by a rebound of the regional stock markets and investors moving away from the US dollar. More

Crude Prices Fall on Higher Inventories

Crude fell by 3.3 percent to below $34 a barrel in New York today as crude oil inventory levels remain high in the US. More

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