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Euro economic confidence up
European business and consumer confidence firmed in December for a ninth month running, an EU survey showed on Thursday, with a big jump in key recession straggler Britain.
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Yen Drops as Signs of Recovery
The yen fell against all of its most- traded counterparts as evidence of a global economic rebound encouraged demand for higher-yielding assets and Japan’s Finance Minister Hirohisa Fujii resigned.
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Expecting a Weaker Dollar This Week
The U.S. Dollar has been recovering against major currencies for a few weeks now and after gaining more than 5% vs. the Euro in December 2009 investors need to ask themselves whether this is the start of a longer-term recovery. Our readers who ha
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EUR/USD sees decent bounce
EUR/USD has bounced back over 1.4300, presently at 1.4305, with sovereign names seen buying.
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Forex: Economic News That Must Be Traced
Trading foreign currencies or simply Forex is an interesting and potentially beneficial activity. But there are also significant risk factors there which you are to take in to consideration first of all. It is advisable for you to understand all
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Will yen devaluation lead to market rally?
After a year in which the domestic markets failed to recover last year’s losses, Japan fund managers are hoping a yen devaluation will finally yield a strong recovery in corporate earnings.
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Consumer credit 'increases by 40%' in Scotland
One in three people in Scotland paid for Christmas using credit, often with higher interest rates than in the rest of the UK, a study has suggested.
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USD mixed against most major currencies
The dollar was mixed against major currencies on Thursday in the last trading day of 2009 with thin volume.
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Forex: A down market typically means a stronger currency
This week has been a strange and yet interesting week on the Forex. The volume has been incredibly light due to end of summer festivities in the US and Canada and Western Europe, however the flow of data and information has not ceased.
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Inflation to drop to 5% target in 2010
THE central bank will apply relevant monetary instruments to bring core inflation down to the targeted 5% by June 2010.
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UK Interest Rate Being Kept Artificially Low
This UK interest rate analysis represents the next in a series of analysis as part of my unfolding inflationary mega-trend scenario towards the formulation of 2010 forecasts for inflation, interest rates and economy.
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JPY consolidates at 8-month high versus USD
The main focus of Monday’s trade was confusion over Japan’s JPY policy and uncertainty about the global economic outlook as equity markets decline in Asia. JPY traded at an eight month high versus the USD and firmed in cross trade in reaction to


