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Oil prices steadied after upwards drive
Oil prices steadied on Friday after an upwards drive was reversed by renewed concerns about the health of Europe's economy.
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Gold Up, Oil Weak
Gold rose in late trading on Friday after the Fitch cut of Spain's debt ratings forced gold investors to cover short positions before the holiday long weekend.
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USD/CAD Outlook – May 31 – June 4
A combination of GDP, a rate decision and employment figures promise an exciting week for the Canadian dollar. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD.
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Daily Chart Art - May 31, 2010
Is it already the end of May? My, how time flies - especially when you're having fun kickin' it with the FX-men! On Big Pippin's canvas today - the 4-hour charts on the EURUSD, AUDUSD and GBJPY!
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Weekly Economic and Financial Commentary
The U.S. economic recovery continues to show its Dr. Jekyll and Mr. Hyde sides. Perhaps that is a factor behind the schizophrenic stock market behavior of late. An “unbalanced” or “two-speed” recovery remains the current state of affairs.
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How the Gulf Spill May Affect Oil Price and Supplies
As a long time oil bull, I've been spending more than a bit of time over the last couple of weeks musing about how this might affect the oil market, and the price of oil, over the intermediate and long term.
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Daily Economic Roundup - May 28, 2010
The dollar took a hit in yesterday's trading as risk appetite came back with a vengeance. With it being a Friday, could we see more of the same?
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Dollar and Euro Gain Against The Yen
The Euro and U.S. dollar gained against the Japanese Yen early Monday (see the charts below).
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Japan's Yen Rises Above War Jitters, Deflation
Japan is again suffering from deflation. Prime Minister Yukio Hatoyama's ability to spur the economy is sharply constrained by record public debt exceeding 882.9 trillion yen ($9.78 trillion). It has the lowest interest rates of any developed nat
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Mortgage rates close to record low
Turmoil in the stock market and the European debt crisis are making life easier for U.S. homebuyers and families looking to refinance: Mortgage rates are inching closer to a record low.
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U.S. Dollar could be Forming Major Top
The U.S. Dollar traded sharply lower on Thursday, giving the first indication in weeks that the event driven rally may be coming to an end. Pressure was on the Dollar all day led by the strong turnaround in the Euro. Additional pressure came from
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Euro Set for 5th Weekly Loss Vs Yen on Regulation Concern
The euro headed for a fifth weekly loss against the yen as concern Europe’s fiscal crisis will lead to stricter financial regulations damped demand for higher- yielding assets.


