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Copper Drops in N.Y. as Falling Home Sales Signal Slower Dem

posted by Avatar maximumpips 1340 days ago in Metals made popular 1339 days ago

Copper fell for a second day on speculation that the depressed U.S. housing market will continue to stifle economic growth and reduce metals demand. read more
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Bernanke: Grave threat demands plan's passage

posted by Avatar pipsmgee 1340 days ago in USD, Fundamental made popular 1339 days ago

It is imperative that Congress pass the administration plan put forth by Treasury Secretary Henry Paulson to buy up to $700 billion in toxic debt because of the grave threat faced by a severe credit crunch, Federal Reserve Chairman Ben Bernanke s read more
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Crude Oil Inventories Drop For Fifth Straight Week

posted by Avatar fxmasta 1340 days ago in Oil made popular 1339 days ago

Crude oil inventories fell for a fifth straight week, according to data released Wednesday by the Energy Information Administration. Gasoline stocks were also sharply lower. Crude oil prices dipped modestly after the report but remained significa read more
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German Ifo business confidence at 3-year low

posted by Avatar lovethefx 1340 days ago in EUR, Fundamental made popular 1339 days ago

Wednesday, the news flow gained momentum in Europe with several nations releasing many statistical reports. Data showed that the German business confidence deteriorated to a three year low in September, while the French business sentiment weakene read more
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Japan's Manufacturing Firms Continue To Be Pessimistic

posted by Avatar pippinallnite 1340 days ago in JPY, Fundamental, Manufacturing made popular 1340 days ago

Results of the latest business outlook survey conducted by the Japanese Ministry of Finance showed that confidence among manufacturers continued to record a negative reading as the global financial crisis and rising raw-material prices dog the se read more
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Oil Rises After Report Shows U.S. Crude Fell

posted by Avatar nancypants 1340 days ago in USD, Fundamental, Oil made popular 1340 days ago

Crude oil futures rose after a U.S. government report showed a decline in inventories of crude and gasoline. Supplies of crude oil fell 1.52 million barrels to 290.2 million in the week ended Sept. 19, the Energy Department said today in a weekl read more
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Bernanke: Financial Crisis Threatens US Economy

posted by Avatar nancypants 1340 days ago in USD, Fundamental made popular 1340 days ago

Federal Reserve Chairman Ben Bernanke on Wednesday said global financial markets were under "extraordinary stress" and threatening an already weak U.S. economy as he offered his bleakest outlook since a credit crisis set in last year. read more
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Yen Declines Against Euro on Fed Offer of Cash, Buffett Deal

posted by Avatar MarcB 1340 days ago in USD, JPY, Sentiment made popular 1340 days ago

The yen weakened against the euro after the Federal Reserve agreed to provide central banks with more cash to increase lending, encouraging traders to purchase higher-yielding assets funded in Japan. read more
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Oil Falls First Time in Week on Concern Over U.S. Bailout Pl

posted by Avatar maximumpips 1341 days ago in Oil made popular 1339 days ago

Crude oil fell for the first time in a week on skepticism that a U.S. government bailout plan for financial companies will bolster economic growth and fuel consumption. read more
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Crude Oil Drops Below $108

posted by Avatar fxmasta 1341 days ago in Oil made popular 1339 days ago

Crude oil dropped on Tuesday as November takes over as the front-month contract. Light sweet crude moved at $107.88, down $1.49 on the session. Prices hit as low as $106.07 in earlier trading. read more
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Investing Now: What You Don't Know Can Hurt You

posted by Avatar trade2win 1341 days ago in USD, Fundamental, Special made popular 1339 days ago

The dollar was crushed yesterday. The U.S. Dollar Index dropped more than 2%, reversing whatever gains were left from the now-evaporated summer rally. read more
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Eurozone Private Sector Output Shrinks Most In 7 Years

posted by Avatar lovethefx 1341 days ago in EUR, Fundamental made popular 1341 days ago

Tuesday, several key reports were released during the day that showed that Eurozone private sector output contracted in September at the fastest rate in almost seven years and a weakening household spending in France. In the UK, mortgage approval read more