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Euro scales 3-week high vs dollar; Aussie gains

posted by Avatar ChocoFudgeCake 64 days ago in USD, EUR

The dollar, however, remained supported by an improving economic landscape in the United States that contrasts starkly with European countries that are teetering on the brink of recession or are already in one. Data on sales of new US homes on Friday ... read more
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Euro down vs yen, dollar, as recession fears weigh

posted by Avatar ChocoFudgeCake 65 days ago in all

* Unexpectedly weak euro zone PMI data hits euro * US jobless claims data suggests improving recovery * Weak China data pushes Aussie to 2-month low vs US dollar * Yen up after Japan reports a trade surplus By Gertrude Chavez-Dreyfuss NEW YORK, ... read more
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Gold, Silver and Oil Trading Technical Report

posted by Avatar ChocoFudgeCake 96 days ago in EUR, Commodities made popular 96 days ago

Gold spent the week consolidating within a range of 1700 and 1750. Renewed tensions in the EuroZone due to the delay of the Greek bailout plan did not drive demand for Dold as safe-haven asset. Meanwhile, the USD strengthened due to ... read more
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USD/CAD trims losses after mixed U.S. data

posted by Avatar ChocoFudgeCake 101 days ago in USD, CAD made popular 101 days ago

Sentiment was lifted earlier after data showed that manufacturing activity in the New York area improved more-than-expected in January, climbing to the highest level since June 2010. The Federal Reserve Bank of New York said that its general business ... read more
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Busch: Currency Markets Perceptions and Great Expectations

posted by Avatar ChocoFudgeCake 103 days ago in all made popular 103 days ago

The US dollar is down against 15 of the 17 major currencies The EUR My call for the beginning for the year was for a 7.5% drop in the EUR for the first half. Initially, we got half of that as the EUR/USD dropped from 1.3075 to 1.2640. read more
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Europe Factors-Shares to rebound on Greek austerity bill

posted by Avatar ChocoFudgeCake 104 days ago in all made popular 103 days ago

... ASIA EX-JP 0.44 % 2.27 EUR/USD 1.325 0.34 % 0.0045 USD/JPY 77.60 0.08 % 0.0600 10-YR US TSY YLD 2.002 -- 0.02 10-YR BUND YLD 1.895 -- -0.05 SPOT GOLD $1727.26 0.46 % $7.87 US CRUDE $99.51 0.85 % 0.84 * GLOBAL-Markets gain as Greece passes austerity ... read more
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EUR/GBP back to opening price

posted by Avatar ChocoFudgeCake 110 days ago in EUR made popular 110 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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Billerud Purchases UPM-Kymmene Packaging Paper Plants

posted by Avatar ChocoFudgeCake 115 days ago in USD, EUR, JPY, CAD, AUD, NZD made popular 115 days ago

... for the food, retail, and construction industries and will be financed with cash and debt via existing credit facilities, the Stockholm-based company said in a statement today. The plants had sales of 220 million euros last year, Billerud said. read more
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Shares shrug off Wall St lead

posted by Avatar ChocoFudgeCake 121 days ago in Commodities made popular 121 days ago

Gold shares are also up 0.7 per cent, while financials inch up 0.1 per cent and energy stocks are down 0.1 per cent. 10.05am: And we're off to a slightly higher start. The S&P/ASX200 is up 0.2 per cent at 4280.8 and the All Ords is also up 0.2 per cent ... read more
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Dollar trades at parity

posted by Avatar ChocoFudgeCake 121 days ago in USD made popular 121 days ago

The Canadian dollar is trading at parity, up about half a cent from Wednesday's close, at 100.14 cents US. The loonie and commodity prices advanced after the US Federal Reserve's latest move to support the US economy. The S&P/TSX composite index opened ... read more
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AUD/USD soars after Fed, nears 1.0600

posted by Avatar ChocoFudgeCake 122 days ago in AUD made popular 122 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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U.K. Edges Toward Recession as GDP Falls in Fourth Quarter

posted by Avatar ChocoFudgeCake 122 days ago in all, GBP, Economic Indicators

The International Monetary Fund cut its UK growth forecasts as the euro-region debt crisis dims prospects for global growth. The basic picture will be one of output meandering around zero until the middle of the year, Brian Hilliard, an economist at ... read more