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EUR/GBP Forecast for the Week of May 14, 2012, Technical Ana
The EUR/GBP pair had a back and forth week over the last five sessions. The doji that was formed for the week sits just on top of the 0.80 level, and this looks as if we could be setting up for some kind of decision in this pair. The pair matches
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Gold Forecast May 14, 2012, Technical Analysis
The gold market fell during the Friday session as the Dollar continues to gain in value. The gold markets are reeling from the pessimistic attitude of the markets, and the Dollar looks set to continue to gain. The fear trade continues to be one o
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mortgage interest rates prediction next week may 14 2012
The record low mortgage interest rates continue on. This week’s Homes.org mortgage report has good news for buyers. Despite renewed concerns over inflation,
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Fundamental Analysis and the Week Ahead May 11
In the latest news from Greece, socialist party leader Evangelos Venizelos failed to form a coalition government after hosting last-minute talks. This news all but crushing earlier hopes that the debt-ridden nation would avoid another round of el
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GBPJPY inside bar setup - Nial Fuller
GBPJPY inside bar setup
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Ruble Follows Oil Price in Decline, Rebounds
The Russian ruble fell today, before rebounding later, as prices for crude oil, the chief export of the country, declined, resulting in a drop of the trade balance surplus.
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Canadian Dollar Extends Rally Against Majors
Extending early gains, the Canadian currency advanced against its key counterparts in the New York session on Friday. Against the euro, greenback and the yen, the loonie reached a new 4-month high of 1.2885, 3-day highs of 0.9956 and 80.36 ...
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USD/CAD Forms Double Top After Favorable Canadian Employment
The USD/CAD found resistance at 1.0060 this week, and tested 1.0050 over the 5/11 European session. The better than expected Canadian data shot the loonie out of a cannon, and the USD/CAD fell sharply below 0.9975, forming a double top. The conve
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OECD Oil Inventories Rose by 12.5 Mb during March – IEA Oil
According to the recent May report done by the IEA – International Energy Agency on the global crude oil market as of March/April 2012. As the global Oil Supplies rose during April; the non-OPEC supply also increased during last month. OPEC oil i
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We expect moderate U.S. dollar gains against the major currencies
"Renewed risk aversion and demand for safety from the uncertainties created by the latest turn of political events in the Eurozone are serving to keep EUR/CHF pressed right up against its 1.20 floor imposed by the Swiss National Bank (SNB) last ...
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Data Supports and Underscores Need for China Policy Easing
According to the National Bureau of Statistics China, consumer inflation moderated last month even in spite of a recent rise in food prices, which could provide the Chinese government with a little breathing room for more easing. That would help
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European FX Outlook – May 11th
All the hubbub over the European financial crisis seems to have abated for the week, leaving trader attention on a handful of economic events. Unfortunately, the list grows even smaller, considering that only two events are likely to be pertinen


