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Forex news - recent top stories



15:03,  12 July 2007
US May trade deficit up 2.3 pct to 60.0 bln usd as expected 
WASHINGTON (Thomson Financial) - The US trade deficit rose 2.3 pct in May to 60.0 bln usd as Americans imported more and more expensive oil and other commodities.Economists were looking for a 60.0 bln usd deficit, expecting imports to recover from their April slide.

12:49,  12 July 2007
Forex - Euro at all-time high against dollar following strong GDP data 
LONDON (Thomson Financial) - The euro continued to post fresh all-time highs against the dollar, supported by an unexpected upward revision to first quarter GDP growth and robust industrial production figures.

09:45,  12 July 2007
Forex - Euro at fresh all-time high against dollar after hawkish ECB bulletin 
LONDON (Thomson Financial) - The euro climbed to a fresh all-time high against the dollar after a hawkish European Central Bank monthly bulletin, amid ongoing concern about the US sub-prime mortgage market.


See also:       

• Japan 

• Asia 

• Government 
• General news 

01:53, Friday, 06 July 2007

Support for Japan PM Abe slides after defence minister's resignation - poll


TOKYO (Thomson Financial) - Public support for Japanese Prime Minister Shinzo Abe slid further in the wake of his defence minister's resignation, which came just weeks ahead of a key election, a poll showed on Friday.

The approval rating for his cabinet fell by 2.4 points to 32 percent from late last month, with the disapproval rating up from 51.8 percent to 53.9 percent, according to an opinion poll conducted by the Yomiuri Shimbun newspaper.

The survey was carried out by the mass-circulation daily from Tuesday through Thursday covering 1,664 eligible voters of whom 63 percent responded validly.

The poll showed that 81.7 percent said it was "natural" for Fumio Kyuma to resign as defence minister over his remarks appearing to condone the US atomic bombing of Japan in 1945.

Kyuma was the third minister to leave Abe's cabinet since he took office in September.

Abe said Thursday he was responsible for appointing the three ministers but refrained from saying whether he was ready to step down if his party suffers a defeat in the July 29 elections.

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Forex news - 06 July 2007
06:04 Yellen says Fed policy will create 'slack' needed to cut inflation pressures
04:42 Forex - US dollar steady in middle of Asian session ahead of US payrolls data
04:18 Japanese government bond prices end morning mostly lower led by overseas markets
04:08 Oil prices mixed in Asian morning trade, Nigerian violence in focus
01:59 Bank of Japan's Fukui reiterates economy expanding moderately, deflation easing
01:53 Support for Japan PM Abe slides after defence minister's resignation - poll
01:40 Forex - US dollar extends gains vs major currencies in early Asia trading
02:11 Japan forex reserves rise to 913.57 bln dollars in June - UPDATE
19:56 Russia refuses to extradite suspect in ex-agent's murder
18:36 French parliamentary committee reduces scope of tax ceiling for rich
18:01 ECB's Bini Smaghi says euro not to blame for slow growth in some countries
17:25 Fillon wants 70 pct of French to be homeowners vs 57 pct currently
17:19 Italy's Padoa-Schioppa says country fully compliant with EU commitments
17:18 US companies trying out new trade weapon against China
16:28 Metals - Gold dips as dollar firms, oil eases
16:24 European government bonds slump amid hawkish central bank talk



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