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Aussie dollar higher by noon
THE Australian dollar was higher at noon as investors continued to move into risk assets on the release of strong domestic trade data.
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NZ commodity prices continue to break records, led by dairy,
New Zealand commodity prices recorded their 14th straight monthly gain in May, pushing the ANZ Commodity Price Index to a new record, led by dairy products, skins and kiwifruit.
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Daily Economic Roundup - June 3, 2010
Ho hum, 'twas a quiet day in the markets yesterday. Could the major pairs be warming up for strong moves later on? Read up on the economic catalysts on today's schedule!
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Swiss retail sales up in Apr; consumption still strong
Swiss retail sales rose by a real 1.3 percent in April versus a year earlier, a further sign that consumers, who helped support the economy through the downturn, remain willing to open their wallets.
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Australia’s Q1 growth moderates
Australia’s economic growth moderated last quarter as higher interest rates and the end of tax breaks proved a headwind, though surging export prices look set to re-energise activity as the year progresses.
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Gold prices dip as euro rises slightly
Gold took a pause from its recent run-up Wednesday as the euro strengthened. Investors are pulling money out of gold as the euro bounces off of a four-year low. Investors see gold as a safe alternative to the European common currency, which has b
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Oil prices slightly higher
Oil prices ticked slightly higher in choppy trade overnight, lifted by equity gains on Wall Street. Opening slightly on the downside, the New York futures market quickly recovered losses then spent the rest of the session in volatile trade.
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GOLD: Risk Continues To Point 1,249.28 Level.
GOLD: Despite Gold’s hesitation on Wednesday, its up move started from the 1,166.03 level, its May 21’10 low remains intact.
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Daily Chart Art - June 3, 2010
A descending triangle, a retest of a double bottom neckline and a break from a bearish flag! I've got it all for you in today's chart art!
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The Pound to Turn South Again?
Good day forex friends! On today’s chart spotlight is the daily time frame of the guppy (GBPJPY). As you can see, buyers have bought up the British pound after it had fallen to a low of 126.731 against the Japanese yen. The pair has since retrace
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Announced U.S. Job Cuts Fell From Year Ago, Challenger Says
Job cuts announced by U.S. employers declined in May, indicating the labor market is improving.Planned firings dropped 65 percent to 38,810 from 111,182 in May 2009, according to figures released today by Chicago- based Challenger, Gray & Chr
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Dollar Firms Up 06-01-2010
The Dollar firmed up and bounced late in the day and the remaining currencies began a late day slide.


