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EUR Rates May Rise Again

posted by Avatar blitz 389 days ago in EUR made popular 389 days ago

Last month the ECB started tightening monetary policy ahead of the US Federal Reserve and Bank and England, lifting its main interest rate by a quarter percentage point to 1.25%. Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster's Technical ... read more
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Australia inflation spikes, ADB warns on food prices

posted by Avatar blitz 395 days ago in all made popular 395 days ago

Australia suffered the biggest jump in inflation in almost five years last quarter as surging food prices are felt in rich and poor nations alike, adding to upward pressure on interest rates and currencies ... read more
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Carry Trade Makes Comeback as Kiwi Drives Gains in High Yielders

posted by Avatar blitz 397 days ago in AUD, Economic Indicators made popular 397 days ago

The Australian dollar has appreciated 9.3 percent against the yen since the G-7 move and the real has strengthened by 7.8 percent. Carry-trade returns soared after March 2009, as the Fed slashed interest rates to revive the US economy following the ... read more
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USD/CAD up in US trade

posted by Avatar blitz 397 days ago in EUR, CAD made popular 397 days ago

Meanwhile, the US Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.17% to hit 1.4587 and GBP/USD falling 0.02% to hit 1.6506. ForexPros.com - Forex Pros offers a diverse set of professional tools for Forex, ... read more
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OECD slashes Japan GDP forecast on quake, recovery seen in 2012

posted by Avatar blitz 402 days ago in JPY, Economic Indicators

... to lower long-term interest rates, the OECD said. The central bank should also be cautious about purchasing riskier private assets, the OECD said. The BOJ currently buys 21.6 trillion yen in long-term government bonds from the market each year. ... read more
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EUR/USD, trimming losses, approaches 1.4300

posted by Avatar blitz 403 days ago in EUR

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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More Yuan Flexibility, Really?

posted by Avatar blitz 405 days ago in CAD made popular 405 days ago

I covered some of them in the last post, and now I am adding the CAD-JPY to my watch list. Here a buy order is placed at 87.26, seeking 100 pips. To be sure, we still do not have a good indication which direction the Yen pairs are heading, ... read more
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Bond yields firming in afternoon trade

posted by Avatar blitz 408 days ago in JPY made popular 408 days ago

By Jamie Coleman || April 14, 2011 at 18:21 GMT US yields have reversed early losses and are up about 7 bp from their lows after the weak jobless claims data this morning. 10-Year notes at at 3.49%. up 3.5 bp from yesterday's close. USD/JPY is getting ... read more
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EUR/JPY plunges to 7-day low amid renewed debt concerns

posted by Avatar blitz 408 days ago in EUR, CHF made popular 408 days ago

The single currency also traded lower against the Swiss france, with EUR/CHF hitting 1.2857, losing 0.68 percent. Against the greenback, the euro hit a session's low of around $1.4390. With inflation data showing signs of moderation, IMF officials ... read more
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Euro extends Gains on ECB Rate Hike

posted by Avatar blitz 411 days ago in USD, EUR, JPY, CAD, AUD made popular 410 days ago

The GBP moved higher but was slightly behind other majors with traders buying Euro and AUD before the Pound. The BOE held at 0.5% and the Asset purchase facility at 200bn. March PPI increased to 3.7% m/m and suggest inflation will continue to be a ... read more
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Gold prices hit new record high

posted by Avatar blitz 411 days ago in Commodities made popular 411 days ago

Investment bankers and commodities analysts are giving the thumbs up for putting money into gold as the price of the yellow metal has advanced to a record. Gold rose as high as USD 1476.21 an ounce and was bid at USD 1467.40 an ounce on Monday, ... read more
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Risk Off as Oil continues to make Fresh Highs

posted by Avatar blitz 422 days ago in Commentary, Commodities made popular 422 days ago

By Tony Darvall | March 31, 2011 8:31 PM GMT US Dollar Trading (USD) stock markets pulled further back as the middle east turmoil created uncertainty and sent Oil briefly above $107 before pulling back. Also in debate is whether the US QE2 is going to ... read more