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Sterling counts cost of manufacturing fall

posted by Avatar camac 715 days ago in GBP, Manufacturing made popular 715 days ago

The pound lost momentum after disappointing manufacturing figures showed an unexpected fall in output from the UK's factories.  read more
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Trade deficit rises, demand for exports slips

posted by Avatar camac 716 days ago in USD, Trade made popular 716 days ago

The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome sign that Europe's debt troubles are beginning to crimp American manufacturers.  read more
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Australian trade balance swung to a surplus in April

posted by Avatar camac 724 days ago in AUD, GDP, Trade made popular 723 days ago

Australia's trade balance unexpectedly swung to a surplus in April as exports of iron ore jumped by a quarter and coal shipments surged 40 percent.  read more
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NZD Nears Two-Week High on Rates; Aussie Bonds Fall

posted by Avatar camac 724 days ago in AUD, NZD, Inflation made popular 724 days ago

The New Zealand dollar traded within 1 U.S. cent of its strongest since May 20 as speculation its central bank will raise interest rates from a record low next week boosted demand for the nation’s assets.  read more
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Number of house sales up 15%

posted by Avatar camac 725 days ago in GBP, Housing made popular 725 days ago

In the latest four week period available the Scottish average house price has increased by 6.9% to £151,627 as the volume of sales in Scotland also increased by 15.2%.  read more
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Long GBP/JPY

posted by Avatar camac 726 days ago in JPY, GBP made popular 726 days ago

On Thursday, we went long the GBP/JPY at 130.65 as the pair looked likely to test, and then break above the 10-day SMA, with daily studies last week indicating that the pair was oversold. Currently, it has indeed broken above this simple moving a  read more
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Euro steady at $1.2295

posted by Avatar camac 727 days ago in EUR, Trade made popular 727 days ago

The euro is steady after falling at the end of last week as a major ratings agency downgraded Spain's debt amid concerns over economic growth.  read more
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Oil prices stabilized after an upward drive was reversed

posted by Avatar camac 727 days ago in EUR, Oil

Oil prices stabilized on Friday after an upward drive was reversed by renewed concerns about the health of the economy of Europe. News that Fitch Ratings, the sovereign debt of Spain lowered to AA + from AAA top retreat in oil prices sent.  read more
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Forex market analysis basics

posted by Avatar camac 728 days ago in Special made popular 728 days ago

When planning an investment in Forex or any other stock market we have two big questions whose resolution will depend to a large extent, the success of our operations.  read more
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NZD to Face Whipsaw Price Amid External Fears

posted by Avatar camac 728 days ago in NZD made popular 728 days ago

The New Zealand dollar extended last week’s southern descent, ending the week slightly lower against the U.S. dollar and finishing as the fourth-worst major currency through Friday’s close.  read more
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A weaker euro also could give Europe a needed boost

posted by Avatar camac 729 days ago in EUR, Trade made popular 728 days ago

How low can the euro go? Many economists think the 16-country currency is headed for a further significant decline because of Europe's debt crisis.  read more
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USD depreciates versus rupee

posted by Avatar camac 729 days ago in USD made popular 729 days ago

The dollar lost strength versus the rupee in the interbank market, dealers said on Friday. The American currency recorded losses as it commenced the day’s trading at Rs 85.18 for buying, lost 10 paisas and closed at Rs 85.08 for buying and Rs 85.  read more