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Canadian Inflation Soars In March
The largest year-over-year increase since September 2008 cements expectations that the Bank of Canada will hike interest rates before summer. The alarming pace of headline inflation came as a surprise to economists calling for a 2.8 percent advance. ...
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Zloty Weakens 2nd Day as Central Bankers Oppose Rate Increase
By Piotr Skolimowski - Mon Apr 18 09:52:22 GMT 2011 The zloty eased for a second day after two central bank policy makers said interest rates should not be increased in May. The Polish currency lost 0.1 percent to 3.9547 per euro as of 11:03 am in ...
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GBP/USD Technical Analysis 15 April 2011
The value of the RSI indicator is neutral and calm, MACD is positive and quiet, while CCI has thinly crossed up the 100 line on the 1 hour chart, giving overall light long signals. 5:30 GMT+1 Buy GBP/USD at 1.6338 SL 1.6312 TP 1.6398, exit sent at 8:23 ...
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GBP/USD up in Asian trade
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.11% to hit 0.8896 and GBP/JPY rising 0.66% to hit 136.77. ForexPros.com - Forex Pros offers a diverse set of professional tools for Forex, ...
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UK consumer price inflation rises less-than-expected in March
Following the release of that data, the pound was down against the US dollar, with GBP/USD slumping 0.62% to hit 1.6244. Meanwhile, European stock markets were down. The FTSE 100 shed 0.75%, the EURO STOXX 50 slipped 0.62%, France's CAC 40 dropped ...
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European, US Stock-Index Futures Fall; BHP Billiton May Slide
Retailers including Marks & Spencer Group Plc may retreat after the British Retail Consortium said UK retail sales dropped by a record in March. Accelerating inflation squeezed households' finances and concern that employers will cut jobs prompted ...
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Dutch Feb. Trade Surplus Rises
The Dutch trade balance showed a surplus of EUR 3.9 billion in February, data from Statistics Netherlands showed Monday. The surplus for January totaled EUR 2.8 billion. Exports of goods grew 19 percent year-on-year to EUR 32.9 billion and ...
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EUR/USD down on economic data
Analysts had expected the unemployment rate to remain unchanged at 9.90% last month. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.02% to hit 0.8831 and EUR\/JPY rising 0.63% to hit ...
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Canadian Dollar Climbs To New Multi-day Highs Against Euro And Yen
The Canadian dollar rallied against its major rivals ahead of the New York session on Monday. The loonie touched a 13-day high of 83.64 against the yen and a 12-day high of 1.3729 against the euro around 7:30 am ET. ...
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The EU politicians agreed on most items on the agenda
EUR/CHF (SELL): Expectations of M&A flow (acquisition rumours) weaken the Swiss franc in a situation where it would normally be strengthened. EURO: The EU politicians agreed on most items on the agenda. The important decision about the financing of the ...
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ForexLive US wrap-up: Sovereign debt prompts modest EUR/USD dip
Oil firms to $105 in May futures EUR/USD slipped in early US trade after failing to overcome the latest barrier at 1.4250. The BIS was a seller into strength today. Portuguese and especially Irish concerns helped prompt profit-taking, sending EUR/USD ...
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NZD/USD down in Asian trade
Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.04% to hit 1.3684 and EUR/NZD falling 0.01% to hit 1.9336. ForexPros.com - Forex Pros offers a diverse set of professional tools ...


