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Wednesday, 13-Aug-2014 20:58 Email | Share | Bookmark
Russia Worries, Weak German Data Weigh On Europe - Yahoo News

This talk of tit-for-tat sanctions is also adding to the risk-off tone," Jeremy Batstone-Carr, analyst at Charles Stanley, said. Risk aversion and upbeat U.S. economic Kim Kardashian photoshoot data, which included Kim Kardashian hair extensions a spike in service-sector activity to a nine-year peak and a uptick in factory orders, helped lift the dollar to an 11-month high against a basket of major currencies. The dollar index rose to as high as 81.637, its highest level since last September, before falling back to 81.582. The Chinese yuan hit a 4-1/2-month high on Wednesday, as other emerging Asian currencies slid, indicating that traders may be preparing the ground for robust second half gains. The New Zealand dollar skidded to two-month lows after milk prices fell again at an auction held by Fonterra Co-operative Group, the world's biggest dairy exporter. <br>Source:

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