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Several EMU Fin Mins Favor Greek Debt Restructuring: Press

posted by Avatar ChocoFudgeCake 412 days ago in AUD made popular 412 days ago

I have the scars to prove it, ouch. Stupid AUD. You would think the China... Charles: Correction: DJ said that Yellen said inflation would have been 1% higher In reading the full text that came out later, she said it would have been 1% lower! ...  read more
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Australia central bank keeps policy interest-rate unchanged, as expected

posted by Avatar ChocoFudgeCake 418 days ago in AUD made popular 417 days ago

By Sarah Turner SYDNEY (MarketWatch) -- The Reserve Bank of Australia kept its key rate on hold at 4.75% on Tuesday, as widely expected. The RBA said in a statement alongside its decision that "the current mildly restrictive stance of monetary policy ...  read more
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BCC Q1 Survey: Manufacturing Growth Eases; Services Edges Up

posted by Avatar ChocoFudgeCake 418 days ago in Economic Indicators made popular 418 days ago

John: JR, I may get my ass kicked tonight, but I shorted a boat load of aud/usd at 1.0405 lastnight so we shall see!!!!!!!! JR: re: greenspan, i think the mistake most people make, which is understandable given the way our educational system is ...  read more
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GBP/USD boosted by PMI data, Vodafone deal

posted by Avatar ChocoFudgeCake 418 days ago in USD, EUR made popular 418 days ago

GBP/USD hit 1.6176 during European morning trade, the pair's highest since March 24; the pair subsequently consolidated at 1.6125, gaining 0.09%. Cable was likely to find support at 1.5970, Friday's low and resistance at 1.6266, the high of March 24. ...  read more
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Events to watch payrolls, ISM and European PMIs

posted by Avatar ChocoFudgeCake 421 days ago in EUR made popular 421 days ago

... in line ADP and slightly weaker claims on one hand, and higher flash inflation in the euro zone on the other halted any turnaround on the EURUSD (and helped the GBP as well) leaving investors to await the key report this week to draw conclusions. ...  read more
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Market Insight Report 31/03/2011

posted by Avatar ChocoFudgeCake 423 days ago in AUD made popular 423 days ago

AUD makes new post-float record highs of 1.0335/40 as the bulls continue to rule the market. Traders now eagerly await the retail sales figures due at 11.30AEST this morning. EUR continues it's resilience to downgrades as German Deputy Finance minister ...  read more
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UN declares 'no-fly zone' over Libya; oil prices rise $2

posted by Avatar ChocoFudgeCake 436 days ago in AUD made popular 436 days ago

By Sean Lee || March 17, 2011 at 23:23 GMT The AUD/USD has been as low as .9780 this morning on the general risk-aversion theme. The content of this field will not be shown publicly. Mano: Tibor: The USD/JPY is the star of the Yen crosses and the 2nd ...  read more
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NZ dollar dives, then regains some ground

posted by Avatar ChocoFudgeCake 437 days ago in AUD, NZD made popular 437 days ago

The kiwi did push above A74c against the Australian dollar for the first time in a fortnight, with ANZ saying the aussie continued to suffer relative to the kiwi. Markets were strangely pricing in possible interest rate cuts, albeit small, ...  read more
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German ZEW economic sentiment drops unexpectedly in March

posted by Avatar ChocoFudgeCake 438 days ago in EUR made popular 438 days ago

Analysts had expected euro zone economic sentiment to rise to 34.5 in March. Following the release of the data, the euro was down against the US dollar, with EUR/USD slumping 0.92% to hit 1.3862. Meanwhile, European stock markets were broadly lower. ...  read more
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China invests USD 6bn in Iran oilfields

posted by Avatar ChocoFudgeCake 441 days ago in USD made popular 441 days ago

China will invest more than USD 6 billion for the development of Iran's giant north and south Azadegan oilfields, Iranian deputy oil minister has said. Separate contracts have been signed with Chinese companies for the development of North and South ...  read more
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NZD/USD bounces off 5 -month low

posted by Avatar ChocoFudgeCake 443 days ago in NZD made popular 442 days ago

The NZD as the AUD strengthened after a Chinese report on inflation eased concern that the Big Panda is losing momentum. Even though NZD/USD breached the 0.7330 support, the pair couldn't consolidate below that level and picked up a shy bullish ...  read more
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Australia's Home-Loan Approvals, Consumer Confidence Decline

posted by Avatar ChocoFudgeCake 445 days ago in AUD, Economic Indicators made popular 444 days ago

Reserve Bank of Australia Governor Glenn Stevens held the benchmark interest rate at 4.75 percent for a third meeting this month, citing weaker consumer spending and higher savings. The governor has said the bank will look through the economic impact ...  read more