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Canadian economy improving as real GDP has record gain

posted by penpip 726 days ago in CAD, Fundamental, GDP made popular 726 days ago

Statistics Canada has released a new report today confirming Canada’s real GDP increased by 1.5-percent in Q1 ’10, beating analyst expectations, and marking the seventh consecutive monthly gain.

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EUR/USD Daily Review 31 May 10

posted by thegeekknows 726 days ago in USD, EUR, Daily made popular 726 days ago

Yes. Even on a US Bank Holiday :P

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Canada’s hot economy tops forecasts

posted by kulas 726 days ago in CAD, Fundamental made popular 726 days ago

The Canadian economy expanded by a stronger-than-expected 6.1 per cent in the first quarter, the biggest increase in a decade, boosted by a hot housing market and consumer spending.

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Eurozone annual inflation expected to be 1.6% in May 2010

posted by blitz 726 days ago in EUR, Fundamental, Inflation made popular 726 days ago

Eurozone annual inflation is expected to be 1.6% in May 2010 according to a flash estimate issued by Eurostat, the statistics office of the European Union. It was 1.5% in April. In other news, the ECB (European Central Bank) said its M3 broad mea

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Canada's Economy Grew 6.1% in First Quarter

posted by BloodDiamond 726 days ago in CAD, Manufacturing, Consumer made popular 726 days ago

Canada’s economy expanded at the fastest pace in a decade in the first quarter, led by consumer spending and manufacturing, increasing pressure on the country’s central bank to raise interest rates tomorrow.

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Eurozone Economic Confidence Deteriorates Unexpectedly May

posted by aranel 726 days ago in EUR, Inflation, Consumer made popular 726 days ago

European sovereign debt crisis weighed on Eurozone economic sentiment in May, while consumer price inflation in the 16-nation bloc increased again, yet not a real threat to the economy in the near term.

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Euro steady at $1.2295

posted by camac 726 days ago in EUR, Trade made popular 726 days ago

The euro is steady after falling at the end of last week as a major ratings agency downgraded Spain's debt amid concerns over economic growth.

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The euro is entering its final phase

posted by japock 727 days ago in EUR made popular 726 days ago

The euro is in a mess. Even some of its stoutest defenders now agree that its survival is threatened. But the problem is being misdiagnosed. Although the catalyst was Greece and southern Europe, the underlying cause lies to the north, in Germany.

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Foreign Exchange Basics – The 6 Main Influences

posted by alfred 727 days ago in Special, Trading Psychology made popular 726 days ago

To be successful in the forex market is is necessary to understand foreign exchange basics. Technical analysis with charts and trends is one thing but it’s equally important to understand the fundamental reasons why the various currencies around

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Month-End Flows Help JPY Crosses Bounce

posted by jirachi 727 days ago in JPY made popular 726 days ago

The very early part of the session, when only the interbank market was open, was notable only for a stop-loss hunt in the cable which took prices down to a low of 1.4360 although the low since 7am in Sydney has been 70 pips above there.

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USD Funding Costs Slip in Asia as Currency Markets Stabilize

posted by hachibi 727 days ago in USD, EUR, Trade made popular 726 days ago

The rate banks say they pay for three-month dollar loans fell in Asia for the first time in 13 days as concern about Europe’s debt crisis eased, helping arrest a flight to dollars by global funds.

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The US dollar (USD) Versus the Japanese yen (JPY)

posted by lytman02 727 days ago in USD, JPY, Fundamental made popular 726 days ago

Here’s a different look on the gopher (USDJPY). Check out my previous post on the same currency pair here. Anyway, notice that the pair has just broken above its short term uptrend line. Now the pair could continue moving higher, though, it could

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