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Australia’s rate stays on hold
AUSTRALIA’S central bank yesterday chose to keep interest rates on hold at 4.5 per cent and indicated that rates could remain steady over the next few months.
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Stronger Euro Puts Damper on Oil Price
After trading between $71.64 and $75.33 a barrel, the July oil futures contract price settled at $72.58 Tuesday 58 cents lower than Friday's settlement price.
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GBPJPY: Headed Towards The 134.78/136.03.
GBPJPY: As a recovery momentum continues to build up pushing the cross through its minor resistance at 133.22 today, risk of further strength now targets the 134.78 level, its May 18’10 high.
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Australia, NZ dlrs soft as risk avoided on euro woes
The Australian and New Zealand dollars stayed under pressure on Wednesday as persistent nervousness about the impact of euro zone's debt problems weighed on risky investment such as stocks and high yield currencies.
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Gold at new high on Re’s free fall
Gold priced in rupee hit a new high, driven by a fall in the local currency, which suffered its worst single-day fall in 18 months as foreign investors pulled out of Indian equities amid fears of a worsening crisis in Europe.
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Corn prices sag as US crop weather remains ideal
U.S. corn prices on the Chicago Board of Trade fell 1.4 percent on Tuesday, falling within a dime of their 2010 low due to rosy crop conditions coupled with weak outside markets, including crude oil, traders said.
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Euro crisis cools oil, eases subsidy burden in India
While the euro zone debt crisis is a looming threat to the global economy, it has brought some cheer to policymakers here.
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3 Easiest Ways to Become a Successful Forex Swing Trader
What is forex swing trading? In a simple definition, this is just a way in which a forex market moves in a swing or,say, zigzag manner over a period of time. It is placing a trade in a major support and resistance area accurately, especially in a
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Stochastic Oscillator Stack
Multi Stochastic Oscillator Stack MT4 Indicator will allow you a lot more info about market then classic one.
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Evening forexsignals 50 pips daily !
Evening Signals - Monday, 31 May- 2010 17 : 45 GMTEUR/USD
Trend: Downward
Sell EUR/USD at 1.2281 SL 1.2321 TP 1.2251
USD/JPY
Trend: Downward
Sell USD/JPY at 91.13 SL 91.53 TP1 90.83
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Canadian economy improving as real GDP has record gain
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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Canadian Growth Was Most in a Decade in First Quarter
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.


