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GBP/USD Forecast for the Week of May 14, 2012, Technical Ana
The GBP/USD pair initially rose for the week, but was turned back in a hurry to form a bit of a shooting star. However, the market is heavily supported at the 1.6050 to 1.60 levels, so selling here is going to be very difficult. The easiest signa
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BOE May Interest Rate Decision Review
As expected, the Bank of England didn't make any changes to its asset purchase program nor did it cut interest rates. Read on to find out how this affects the future of the British economy and the pound!
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What's in store for the Eurozone next week
This coming week will see some interesting market data being released. Namely the Q1 GDP, CPI data, Greece's political situation and Spanish bank reforms.
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Risky Assets Look Vulnerable
The British pound is being hit, the GBP/USD pair is heading to retest the key support at 1.6060. Meanwhile the overall bullish trend remains intact so far, where below 1.6060 there is a key ascending trend line around 1.6000 psychological resistance.
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Australian Stock Market Report Midday 5/11/2012
Commodity prices stabilised overnight, base metal prices were mixed in the London Metals Exchange (LME). Zinc was the best performer up 1.5%, while copper rose 0.5%, for the first time in seven sessions. Our big name mining stocks were lower in early ...
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GBP/USD: Riding the Falling Channel
Cable is cruisin' down the charts! Can I still jump in and ride the downtrend?
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EUR/USD Rises as Situation in Greece Improves
EUR/USD gained today after two days of losses on the news that Greece will receive a bailout and a progress in a forming new government was made.
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Australian Employment Data Helps Lift Sentiment
Markets were looking for a negative release, with a net decrease in jobs and a higher unemployment rate but the actual figures showed a rise of 15500 and a drop in the jobless rate to 4.9 percent. Consensus estimates were looking for a net decrease of ...
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Bank Of England Keeps Policy Unchanged
The Bank of England refrained from providing further cash boost to the recession-struck UK economy as the decision was apparently weighed down by sticky inflation. The nine-member Monetary Policy Committee on Thursday left the size of the ...
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Video: Thursday Market Overview - BOE, AUS Jobs, China Trade
Summary: In this clip from the FXTimes Market Intelligence Briefing we review key overnight developments including Chinese trade data (weaker imports and exports, Australia’s employment change (a monthly gain and drop in unemployment rate), and t
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Forex Services & EA´s - How to spot a scam
With new EA´s coming out daily how can you spot the good ones from a scam?
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