YEREVAN, November 27. /ARKA/. The dollar fell against the yen for a third day, the longest streak in a month, after data raised concern the U.S. economic recovery has plateaued.

The yen rose versus most of its 16 major peers as trading patterns signaled its recent declines were excessive amid speculation traders are reducing bearish positions into month-end. An index of the U.S. currency was little changed as a gauge of whether U.S. economic data has beaten or fallen short of forecasts slid to the lowest level since August. The Norwegian krone was little changed before representatives from oil-producing countries meet to discuss crude output.

“Softer data and falling U.S. yields have encouraged people to unwind their long dollar positions,” said Jeremy Stretch, head of foreign exchange strategy at Canadian Imperial Bank of Commerce in London.

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YEREVAN, June 26. /ARKA/. Postal Savings Bank of China Co., the lending arm of state-owned China Post Group Co., plans to seek more than $4 billion in an initial public offering in Hong Kong and Shanghai, people with knowledge of the matter said. The Beijing-based bank will seek to list as soon as next year, […]

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U.S. stocks fell, giving the Standard & Poor’s 500 Index its first weekly drop since August, as concern grew that the budget impasse will hurt economic growth in the world’s largest economy

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Asian stocks fell, led by Japanese shares, snapping the longest gain for the regional index in six weeks. The yen strengthened versus 15 of 16 major counterparts, while gold and oil rose

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Aharon Adibekian, the head of an Armenian polling center Sociometer has questioned today the accuracy of a methodology used by Bloomberg experts to compile the list of most immoral countries that involved 57 countries and which rated Armenia fourth

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Visa Inc. (V), the world’s biggest payments network, posted a fiscal second-quarter profit that beat analysts’ estimates as consumer spending on credit and debit cards climbed

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