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Euro falls against dollar in Asia, despite China denial
The euro fell against the dollar in Asian trade Friday on profit-taking after the struggling unit was earlier boosted by China's denial that it was reviewing its exposure to eurozone debt.
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Strength of U.S. Economic Rebound Will Depend on Small Busin
- America's small businesses have experienced a "greater" Great Recession than other business segments, and the nation's prospects for economic recovery depend importantly on the prospects for those small businesses, according to a new report pub
8 votes
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Different Types Of Forex Traders
If you want to be a successful Forex market trader you need to improve your skills and learn from your mistakes. The internet provides with a possibility to trade currencies online.
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Gold Technical Precious Metals (2010-05-21)
Gold slipped violently towards the key support levels of 1165.00 zones and it is now trading around 61.8% Fibonacci levels of the third leg of our captured bearish harmonic three drives pattern. The negative pressure might continue over intraday
14 votes
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Falling Euro, Is Good News for Europe
As the 16 nations that use the euro struggle to limit the damage of the Greek debt crisis, the value of the single currency against the dollar continues to tumble on the world's currency markets.
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EUR/GBP: Settling Back After Stop-Loss Run Earlier
EUR/GBP managed to trigger substantial stops above .8750 but now that they are out of the way, cable has started to edge higher and the cross has slipped back to .8730 after a high of .8773 a few hours ago.
11 votes
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Gold hits two-week low
Gold hit a two-week low in Europe yesterday, extending the previous session’s 2,5% fall, as analysts said its recent rally was overdone, but continuing concern about Europe’s debt problems capped the price slide.
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Gold steadies as euro climbs
Gold steadied above two-week lows on Friday as the euro climbed against the dollar, but the market remained caught between selling to cover losses in other markets and safe-haven buying on worries over financial market turmoil.
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Yen Slips Vs. Rivals After Japan Minister Warns
The euro bounced back against major rivals in early Asian trading Friday, getting a lift against its Japanese counterpart after Japan's finance minister warned about excessive yen strength.
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Bargain hunters snap up Australian dollar
The Australian dollar has jumped more than 2 per cent from today's morning lows, with hedge funds and Asian central banks cited as buyers after its fast slide this week rendered it attractive for those in for the long haul.
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Euro plunges vs yen on worries about EU unity
The euro on Thursday fell to its lowest against the yen since November 2001 as investors fretted about a seeming lack of unity among euro zone leaders in addressing the region’s debt crisis.
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Mortgage rates slide
A short time ago, the rate on a 30-year fixed mortgage jumped past 5%, as a firming U.S. economy pushed the yield on the 10-year Treasury bond to 4%.


