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Euro/USD Sharply Fell on Tuesday –Daily Recap May 15

posted by Avatar lchammer 11 days ago in USD, EUR, Daily made popular 10 days ago

The Euro/USD continued its descent and as reaching its lowest level since January 2012. The recent news of the higher than expected growth in Germany's GDP by 0.5% in the Q1 of 2012 didn't slow down the fall of the Euro; the anxiety is still high read more
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Germany and France Show United Front even as Greek Rift Grow

posted by Avatar eToro 11 days ago in EUR, Fundamental, Daily made popular 10 days ago

Francois Hollande, the newly-inaugurated president of France, met with German Chancellor Angela Merkel yesterday for their first face-to-face encounter as elected heads of state. While austerity and growth issues are likely to eventually drive a read more
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GBP/USD Forecast May 16, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in USD, GBP, Technical made popular 11 days ago

The GBP/USD pair fell very hard on Tuesday to slam into the 1.60 level. The area was the site of a breakout last month, and should therefore be supportive now. However, the price action is very bearish, and the fact that the pair closed at the ve read more
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Silver Forecast May 16, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in Technical, Daily, Metals made popular 11 days ago

The silver markets fell hard on Tuesday as the rout in this market continues. All semblance of support has given way, and it looks as if this market will continue to be beaten up as the US dollar is favored currently.

The breakdown below the $ read more
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Binary Options Daily Setup May 16th 2012

posted by Avatar bocrunch 11 days ago in USD, Daily, Housing made popular 11 days ago

Today, Wednesday, May 16th produces 4 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Building Permits today, will probably have an effect on the USD/JPY. read more
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USD/JPY grinding higher, through 80.30 stops, more above

posted by Avatar marius 11 days ago in USD made popular 11 days ago

Trade and learn with Richard Olsen, David Pegler, Walter Peters, Ed Ponsi, Steve Ward and Ron William. Monitor the markets with our customizable FX studies. Note: All information on this page is subject to change. The use of this website constitutes ... read more
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NZD/USD-Leads the way lower after soft dairy data

posted by Avatar friendlydude 11 days ago in NZD made popular 11 days ago

Trade and learn with Richard Olsen, David Pegler, Walter Peters, Ed Ponsi, Steve Ward and Ron William. Monitor the markets with our customizable FX studies. Note: All information on this page is subject to change. The use of this website constitutes ... read more
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Wheat Benefits from Weather, Oil & Rubber Slip on Greece

posted by Avatar commodityblog 11 days ago in Fundamental, Oil, Agriculture made popular 11 days ago

Wheat posted the biggest gain in more than two weeks as adverse weather in the United States threatens to curb output. Oil and rubber fell on political turmoil in Greece. read more
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Canada Dollar Gains as Europe Avoiding Recession Boosts Demand

posted by Avatar ananais 11 days ago in EUR, CAD made popular 11 days ago

We see the Canadian dollar following the global trend, said Jack Spitz, managing director of foreign exchange at National Bank of Canada in Toronto. There's a rise in global risk appetite on the back of perhaps a misguided, but certainly a view, ... read more
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USD/CHF retreats 0.25%

posted by Avatar HousingMarket 11 days ago in CHF made popular 11 days ago

The greenback tumbled against the Swiss franc during the early hours of the European trading session and ahead of the release of important data about the state of the US economy. At 12:30 GMT will be released the latest ... read more
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Daily Technical Strategist: USDCAD

posted by Avatar FXTechstrategy 11 days ago in USD, Technical, Daily made popular 11 days ago

USDCAD: We continue to hold onto our downside view on USDCAD as it trades below its key resistance at the 1.0048/51 levels. read more
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Euro Area Barely Avoided Recession in Q1; Economic Sentiment

posted by Avatar FXTimes 11 days ago in EUR, Fundamental, Daily made popular 11 days ago

A slew of GDP data coming out of the Eurozone were released during the 5/15 European trading session. 2012 Q1 GDP estimates France: 0.0%, forecast 0.0%, previous 0.1% (revised from 0.2%) – Flat as expected.
Germany: 0.5%, forecast 0.1%, previous read more