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Juicing the yen ...

If you're one of the surviving retailers on Saipan that sells to Japanese tourists, you've surely noticed that the yen has be

posted by sexyback 51 minutes ago read more >>
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Fears That The Non-Manufa ...

The Euro found further support near 1.2650 against the dollar during Wednesday and strengthened to above the 1.2750 level ahe

posted by traderplanet 59 minutes ago read more >>
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Asia stocks gain on brigh ...

Asian stock markets rose Thursday as investors hungry for good news seized on stronger U.S. manufacturing as a sign the world

posted by whatadous 58 minutes ago read more >>
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Europeans advance, surpri ...

For the first time in 11 days the Euro reached 1.28, penetrating the resistance in yesterday’s report 1.2792, declaring tha

posted by ronnyrabbit1 1 hour 12 minutes ago read more >>
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EUR/USD Swings, May Decli ...

The euro was declining at this Forex session against the dollar, than surged and now falling again.

posted by commodityblog 1 hour 14 minutes ago read more >>
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Forex Technical Update US ...

The USD/CAD was not able to break above channel resistance, and is attempting to top off. The 1.05 is the base for the possib

posted by FXTimes 1 hour 12 minutes ago read more >>
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Stalking EUR/GBP as it Ne ...

The EUR/GBP rallied past the 0.8320 target set in the August 31st EUR/GBP update. The surge is heading up against resistance

posted by FXTimes 1 hour 12 minutes ago read more >>
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Bulls and Bears Watching ...

The EUR USD has climbed to the 1.2853 high and unable to break the 1.2920 resistance. Intraday bias remains on the downside,

posted by FXalhabib 1 hour 12 minutes ago read more >>
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USD: Sustainability Of Ra ...

The first trading day of September has started off with a bang and we can only hope that the performance in the financial mar

posted by fx360 1 hour 12 minutes ago read more >>
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Japan's Political Drama M ...

Ichiro Ozawa who is mounting a leadership challenge for the ruling Democratic Party of Japan stated last night that the gover

posted by fx360 1 hour 12 minutes ago read more >>
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Currencies

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Markets cautious as economic outlook darkens

posted by Avatar czarinacleopatra 685 days ago in JPY

TOKYO: Worries about the spluttering global economy kept investors on edge Friday, although efforts by governments to keep credit flowing helped to calm recent panic on world markets. read more
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Most Asian Stocks Decline on Recession Concerns; Banks Slump

posted by Avatar czarinacleopatra 685 days ago in JPY

Most Asian stock markets fell, paring the MSCI Asia Pacific Index's weekly advance, on signs the credit market turmoil is curbing demand for the region's exports and causing economies to contract. read more
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Japan's LDP Is Planning for November Elections

posted by Avatar czarinacleopatra 685 days ago in JPY

Japan's ruling coalition is planning to call elections by the end of next month even as the global financial crisis threatens to spark a worldwide recession, an advisor to Prime Minister Taro Aso said. read more
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Markets Consolidate in Tight Range

posted by Avatar pippinator 685 days ago in USD, Fundamental, Daily

The forex markets are basically staying in tight range in early US session. Rally in dollar and yen lost some steam after European stock markets recover some of the earlier losses. US stocks are mixed at open as market digests yesterday's losses. read more
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Rudd holds emergency business summit

posted by Avatar mags23 685 days ago in AUD

Prime Minister Kevin Rudd will hold an emergency summit with some of the country's top business leaders today as the once-stellar economy turns down amid financial market turmoil and the threat of global recession read more
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Philly Fed Index Indicates Substantial Contraction In Octobe

posted by Avatar gonepippin 685 days ago in USD, Fundamental, Manufacturing

Thursday morning, the Federal Reserve Bank of Philadelphia released its report on manufacturing activity in the mid-Atlantic region in the month of October, showing that activity contracted at a much faster than expected pace. read more
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Why Isn't the EUR/USD Rallying?

posted by Avatar dooly 685 days ago in USD, EUR, Fundamental

Unlike the other major currencies, the EUR/USD has not joined in the rally today. For currency traders looking for an explanation, the answer is OIL. read more
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Business faces 'somewhat dismal' future

posted by Avatar mags23 685 days ago in AUD

SOME Australian businesses are already in the doldrums, others are expecting to get hit soon by the world economic crisis, a business leader said. read more
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Japanese 10yrs Bonds Complete 2nd Weekly Loss on Stock Gain

posted by Avatar czarinacleopatra 685 days ago in JPY

Japanese 10-year government bonds completed a second week of losses after U.S. and European rescue plans for finance companies bolstered global stock markets. read more
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Sumitomo Life Limit Overseas Investments

posted by Avatar czarinacleopatra 685 days ago in JPY

Sumitomo Life Insurance Co., Japan's fourth-largest life insurer, said it plans to limit investment in overseas assets in an effort to reduce its currency risk. read more
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Aussie, NZ Dollars set for 1st weekly gain in month

posted by Avatar mags23 685 days ago in AUD

The Australian and New Zealand dollars rose this week for the first time in a month on speculation losses in the currencies were overdone after governments took measures to shore up the financial system. read more
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Dollar Rises Against Euro as Oil Falls on Economic Concern

posted by Avatar czarinacleopatra 685 days ago in USD, EUR, JPY

The dollar rose against the euro as crude oil weakened below $70 a barrel for the first time since August 2007 on concern the global rescue of banks won't be enough to prevent a recession. read more