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USD/CAD, EUR/CAD Flows-USD/CAD searches for support, EUR/CAD ...
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 ...
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Ben Potter, Research Analyst, IG Markets
In economic news, the latest reading on the employment change and unemployment rate is due at 11.30am; the market is expecting 22700 jobs to have been created and the unemployment rate to be flat at 5%. In currency markets, the AUD/USD surged to ...
36 votes
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Sterling rises against dollar, in sight of 14-month high
The pound GBP=D4 hovered near a two-week high against the dollar at $1.6354, extending gains made on Tuesday after a surprisingly robust March rise in British services sector activity in March. Sterling also held its ground against the euro EURGBP=D4 ...
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ECB Interest Rate Decision
However, a change in US interest rate expectations is a risk to the 17-nation currency's appreciation. In early overnight trading the EUR/USD moved above the first resistance level at 1.4280 but quickly pulled back below to 1.4230. ...
27 votes
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Trading Week Outlook: April 4 - 8, 2011
The final reading of the Euro-zone GDP is forecast to confirm the previous estimates that the economy grew by 0.3% in the fourth quarter of 2010. 5. AUD- Australia Employment Situation and Unemployment Rate, the main gauge of employment trends and ...
28 votes
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European Factory Growth Slows as Global Economy's Momentum Relies on China
The euro exchange rate certainly doesn't help exporters, even within the euro area, as Chinese goods are much cheaper. ECB policy maker comments that they intend to raise interest rates for the first time in almost three years next week has driven up ...
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GBP/USD rises to 5-day high boosted by U.K. housing data
Forex Pros - The pound rose to a five-day high against the US dollar on Thursday, after a report showed house prices in the UK unexpectedly increased in March, bolstering the case for the Bank of England to tighten monetary policy. GBP/USD hit 1.6151 ...
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Euro Strengthens Before Inflation Data; Aussie Dollar Advances
Europe's single currency rose to a 10-month high against the yen, while Australia's dollar touched a record after the nation's retail sales grew more than estimated. The euro has gained 5.9 percent against the dollar this year, even amid concern that ...
26 votes
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German elections weigh on euro; stocks lower
[ID:nLDE72Q0E6] Barclays Capital said in a note that the result meant Merkel, the leader of Europe's largest economy, would be more reliant on support from opposition parties and that it could feed uncertainty about political support for a euro zone ...
35 votes
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AUD/USD holds firm near multi-year highs
AUD/USD Current price: 1.0194. The Australian dollar is staging a small corrective movement after soaring to 1.0223 on risk appetite environment this Thursday, approaching to the 35 year high set past December 2010. ...
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Euro Rises on EU Summit Optimism and Pound Falls on Retail Sales
The British Pound declined against the US dollar after retail sales dropped below expectations in the UK, where the GBP-USD pair is now trading at $1.6098, compared with the opening level at $1.6247, while recording a high of $1.6267 and a low of ...
23 votes
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Treasuries Rise as Expansion Says Moody's to Cut Spanish Banks' Ratings
These interventions have led to higher inflows into Treasuries by Japan, Morgan Stanley analysts led by Jim Caron, New York-based global head of interest-rate strategy, wrote in a report dated March 18. Worldwide reserve assets climbed to a record ...


