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Yen supported by robust Chinese data
The yen edged higher on Thursday after strong Chinese economic data raised fears about the prospect of further monetary tightening from the authorities in Beijing
Weak output puts pressure on sterling
Sterling comes under renewed pressure after disappointing production data adds to lingering concerns over the UK’s economic recovery
Traders bet on rise in Swiss franc
A possible change in policy by the Swiss central bank points to currency’s appreciation, says Peter Garnham
S Korea cites eurozone woes for rates decision
South Korea’s central bank held interest rates steady at a record low of 2 per cent for the 13th consecutive month, citing uncertainties caused by Europe’s sovereign debt problems
China data spur talk of further tightening
Pressure on Beijing to begin raising interest rates and to allow the renminbi to appreciate against the US dollar is set to rise as inflation jumped 2.7 per cent last month from a year before
Japan economic growth below estimates
Japan’s economy grew less than initially estimated in the fourth quarter of 2009 but the revised gross domestic product data unveiled were still cause for guarded optimism, said the government
Turkey’s IMF financing talks end
Turkey’s two-year saga of on-off negotiations with the International Monetary Fund ended as prime minister says country can “stand on its own feet”
Disappointing data weigh on sterling
Sterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK’s banking sector and fiscal health weighed on the pound
Beijing still keen to buy US bonds
China’s investments in US Treasury bonds are continuing ‘every day’ and should not be politicised, according to the head of China’s foreign exchange administration, which manages $2,400bn in forex reserves
Wide trade gap hits recovery hopes
The UK’s trade deficit with the rest of the world reached its widest since August 2008 in January as exports dropped sharply, hitting hopes that the weak pound can deliver an export-driven recovery







