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Euro/USD Continued its Descent on Monday –Daily Recap May 14
The Euro/USD continued their downward trend and as it declined during most of the month so far. The recent news of the rise in Germany's GDP by 0.5% in the first quarter of 2012 may positively affect the Euro during today's trading. Furthermore,
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AUD/USD Forecast May 15, 2012, Technical Analysis
The AUD/USD pair fell hard on the Monday session as the “risk off” trade came into vogue. The Americans have been buying up the risk assets after the Asians and Europeans sell them off, but the Monday session saw them ignore them. The parity leve
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Light Sweet Crude Forecast May 15, 2012, Technical Analysis
The Light Sweet Crude markets fell hard during the Monday session as the bullishness in the US dollar continues. The “risk off” trade has many people selling first and asking questions later, and the oil markets aren’t going to be any different.
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US soybean futures slip on further fund selling
DATA/EVENTS (GMT) 0500 Japan Consumer confid. index Apr 0600 Germany GDP flash yy Q1 0800 Italy GDP prelim yy Q1 0900 EZ GDP flash estimate yy Q1 0900 Germany ZEW economic sentiment May 1145 US ICSC chain stores yy Weekly 1230 US Core CPI mm, ...
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Commodity Technical Outlook: Crude Oil
CRUDE OIL: With Crude Oil weakening and holding below its broken support at the 96.67 level, further decline is envisaged.
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Weekly Summary on USD, EUR, GBP, JPY, MXN and RMB
While light on the releases, the week ahead holds key pieces of economic data, with investors taking note of British jobless claims on Tuesday and CPI, retail sales and RPI on Thursday. JPY - The yen fell back below the key 80.0 barrier against the USD ...
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HLHB Weekly Update - May 14, 2012
As it turned out, the last signal on my HLHB Trend-Catcher system from the previous week turned out to be a winner. On top of that, I got a nice win on my GBP/USD short! You can bet little ol' me had a great week!
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Can Facebook IPO overcome European Debt Woes?
The top two headlines over the past week or so have been the ever-enduring debt saga in the Eurozone and the imminent launch of what could be the largest tech-based IPO ever for social media behemoth Facebook. In isolation, one is a major concern
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USD Exchange Rate Climbs as Greece to Face Re-Election?
The US and Canadian dollars have gained ground against the pound and euro, as speculation builds that Greece will need a second general election to form a government. This could bolster the support of anti-euro parties in Greece.
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Stock Intraday Trend for Today
Ahead of the April inflation data, the market is trading in the green. Auto, metals and pharma sectors are seeing positive trade.
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Inflation will be contained but non-mining sector will remain weak: Lowe
The disinflationary impact of the high Australian dollar was expected to weaken over time, but at the same time, domestic sources of inflation risk were expected to ease, Mr Lowe said. The Australian dollar has risen by 70 per cent since 2008, ...
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Seoul shares seen recovering on China easing
Seoul shares are seen opening higher on Monday, recovering from a 3-1/2 month low after signs of economic weakness prompted China, South Korea's largest trading partner, to free up more funds for banks to lend out.


