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Gold and the Last Real American Dollar

posted by morgan 897 days ago in USD, Gold made popular 897 days ago

The dollar has only dropped 9 points since 1979 or about 10% (see red arrows on chart). In thirty years, the dollar is only marginally lower. That is an incredible statistic. And what about 1980, what happened there. Interest rates were raised to

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Gold prices erase early gains as dollar rises

posted by morgan 897 days ago in USD, Gold made popular 897 days ago

Gold failed to hold on to early gains Friday, falling for the fifth time in six days as the dollar strengthened.

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Interest rates could stay sub-1% for five years

posted by morgan 897 days ago in GBP, Inflation

The Bank announced yesterday that Base Rate would be maintained at its record low of 0.5% for the ninth consecutive month, and many economic forecasters have predicted that the Rate would remain at that level well into 2010.

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GBP Strengthens Against Euro Before BOE Rate Decision

posted by morgan 898 days ago in GBP, Inflation made popular 898 days ago

The pound rose against the euro for the first day in three before the Bank of England decides on interest rates and its asset-purchase plan.

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Weak dollar fuels an appetite for risk

posted by morgan 899 days ago in USD made popular 899 days ago

US stocks ended higher yesterday, reversing earlier losses, as a weaker dollar fuelled appetite for riskier assets, boosting shares of financial, technology and natural resource companies.

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Commodities soft but no panic

posted by morgan 901 days ago in USD made popular 901 days ago

The firmer dollar this morning is having predictable impact on commodities prices. They are lower across the board but there is no sign of panic at this early juncture. The fear for months has been what would happen to the reflation trade once th

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Forex Trading Tips

posted by morgan 903 days ago in Trading Psychology

In addition to stock trading, currency trading has been gaining popularity nowadays. Basic methods and procedures between the two are not too different. In addition, you can get some nice gains from currency trading. One of the easiest ways to he

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Big investors mining gold amid currency concerns

posted by morgan 903 days ago in USD, Gold, Inflation made popular 902 days ago

Gold has long been favored by a fringe of the investment world, but this year some of the world's leading hedge-fund managers have loaded up on the precious metal amid concern government efforts to avoid another Great Depression could undermine m

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Oil falls below $76 on stronger dollar

posted by morgan 903 days ago in USD, Oil, Employment made popular 903 days ago

Oil prices fell $1 to below $76 a barrel on Friday, pressured by a stronger dollar which outweighed reaction from better-than-expected US jobs data. US crude futures fell $1 to $75.46 at 1:31 p.m. Brent crude fell 82 cents to $77.52.

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US Dollar Carry Trade Remains In Favor

posted by morgan 903 days ago in USD

Friday’s price action in the markets is very telling. What is it telling us? The dollar carry trade remains in vogue and technicals continue to dominate overall flows much more than fundamentals. Let’s navigate.

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US soy, wheat rise on weak dollar

posted by morgan 906 days ago in USD, Oil, Agriculture

US soybean and wheat futures rose around 0.7 per cent as a weak dollar prompted a broad rally in the commodity markets, lifting gold to a new high and firming crude oil prices.

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ADP data show US job market still struggling

posted by morgan 906 days ago in USD, Employment made popular 906 days ago

US private sector layoffs narrowed in November for the eighth straight month but not as much as expected, a survey has shown two days ahead of key payrolls and unemployment data.

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