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GBP/USD possible reaction
by Ivan Delgado Egea - FXstreet.com | View company's profile The Construction sector conditions worsened in April in UK as the sluggish economic recovery continues to be translated into stagnation in the housing market. ...
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Dollar pares losses vs. yen as Moody's Japan review weighs
Separate reports showed that manufacturing activity in the Midwest area fell significantly more-than-expected last month, while US consumer confidence fell steeply in May. The yen was also lower against the euro, with EUR\/JPY rising 0.21% to hit ...
35 votes
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CAD Beats Out USD after GDP Data Shows Growth
Both factors were pulling heavily downward on the Canadian economy and some bearish sentiment had seeped into the Loonie's value. As the month comes to an end, traders appear to be favoring the CAD once more, albeit hesitantly.
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Japanese Yen Gains Against US Dollar on Inflation and Retail Sales Data
In March, Japan's retail sales fell 8.3% year-over-year. In today's early trading, the US dollar fell 0.333% against the yen to 81.02. Encouraging economic data was not enough to support the yen against the euro, however, as the euro rose 0.434% to ...
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Forecast : Rate Predictions For GBP, USD, EUR, AUD, CAD, JPY
Fears over the Japanese economy's ability to recover from the devastation of the recent Tsunami continue to hold back the Yen, as does the general forward movement in global appetite for risk over recent months. NEAR-TERM OUTLOOK NEGATIVE. ...
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Labour Promises Tax Breaks for New Technologies
He claimed that the program would cost NZD 800 million over the next five years, but would directly stimulate an additional NZD 1.5 billion technological research each year. These activities could lead to associated economic activity of up to NZD 22 ...
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AUD/USD: More range trading looks likely
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ...
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USD/JPY up in Asian trade
Meanwhile, the US Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.07% to hit 1.4157 and GBP\/USD falling 0.03% to hit 1.6231. Forex Pros offers a diverse set of professional tools for Forex, Futures and CFDs. ...
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Europe's PIGs: Waiting for a miracle
Austerity (a kinder word for deflation) is the prescribed cure, but democracies are not good at staying that course. Civil disobedience is on the rise in Greece. So should the euro go? Economists argue that without fiscal unity, a common currency and ...
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Canadian house prices continue to rise, although April sales down
The same sort of impact was felt in April 2010 as people moved their purchases forward to avoid the mortgage rule changes at the time, fear of higher interest rates and the looming implementation of the HST in two provinces. "This makes it difficult to ...
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Latest outlook for the Pound to euro exchange rate
"EUR GBP touched the upper end of our 0.80-0.90 range for this year, and we continue to believe that this is likely to hold this year. "On the one hand, we see sterling remaining weak on a trade-weighted basis as ongoing economic weakness prevents the ...
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CAD Lower as Canadian Economic Data Flat this Week
Safe haven currencies like the Japanese yen (JPY) also made gains this past week, with the CAD/JPY moving to 83.80 from a recent high of 89.50. Monday's housing starts figure was below expectations, but not enough to warrant a rapid sell-off for ...


