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EUR/USD flat in the 1.3120 region

posted by Avatar cane 99 days ago in EUR made popular 99 days ago

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ... read more
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USD/IDR Reaches 9050 After Indonesian Rate Cut

posted by Avatar cane 105 days ago in USD made popular 105 days ago

The background for this move is the small slide of inflation. USD/IDR closed the week at 9050, the highest since the beginning of January and higher than the 8750 to 9000 range seen in recent weeks. read more
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ECB declines to help in Greek debt restructuring; Italian GDP negative

posted by Avatar cane 108 days ago in USD, EUR, GBP, NZD made popular 108 days ago

By Mike Jones After climbing to a fresh 5-month high above 0.8400 last night, the NZD/USD has subsequently crashed back to Earth. The currency currently trades around 0.8340, pretty close to where it was 24-hours prior. Markets had the wind at their ... read more
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Royal Canadian Mint introduces new 25-cent circulation coin celebrating ...

posted by Avatar cane 109 days ago in CAD made popular 109 days ago

... the Orca; and the Peregrine Falcon; and Canada's boreal forest includes a series of four 50-cent 1/25 ounce 99.99% pure gold coins (each retailing for $139.95 CAD) and four $10 face value 99.99% pure silver coins (each retailing for $69.95 CAD). read more
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Preview: RBA Set to Cut Interest Rates - Impact on AUD

posted by Avatar cane 110 days ago in AUD, Economic Indicators

That would be the 3rd straight cut in rates from the RBA, as it tries to counter an economy that is showing a weak labor market, softer housing, flat retail sales, and concerns about the global outlook. The main concern for the RBA is the labor market, ... read more
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Canadian dollar softens on sluggish GDP data

posted by Avatar cane 116 days ago in USD, EUR, CAD made popular 116 days ago

The Canadian dollar gave back most of its early gains against the US currency on Tuesday morning after data showed Canada's economy unexpectedly contracted in November for the first time since May, offsetting the ... read more
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Preview: China GDP Key to AUD/USD

posted by Avatar cane 131 days ago in USD, EUR, CAD, AUD, Economic Indicators made popular 131 days ago

There has been much made about the possibility of a hard landing in China if it's housing market, which many consider a bubble, falters. At the same time, the shadow banking system is becoming an increasing worry and the loans given out to local ... read more
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Trade Idea Central, January 16th

posted by Avatar cane 132 days ago in AUD, Economic Indicators made popular 132 days ago

My... tabla: hi sean, what's the best way to play a possible risk off scenario this week? don't want to short... Siva: I was short EUR/AUD until Thursday's Pullback which hit my stop. Now defending Adam; that last post from... read more
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Corn, soy up on Argentine crop concerns; wheat rises

posted by Avatar cane 139 days ago in Commodities

Investors will focus on the US Department of Agriculture report on global supply and demand of farm products, widely expected to slash forecast for South American crops. "We are looking at sideways trade because of the USDA report this week with an ... read more
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US Employment Report Doesn't Dazzle what now?

posted by Avatar cane 141 days ago in AUD, Economic Indicators

In crosses like AUD/USD and USD/CAD we need levels of below 1.0200 and above 1.0300, respectively, for a more bullish view on the USD broadly speaking. Still, the greenback has performed rather well considering the still relatively healthy risk ... read more
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GBP/USD hovering over 1.5500

posted by Avatar cane 142 days ago in USD

December's NFP and unemployment rate are due later on in the US economy, with market participants hoping for a blow-out figure as seen in yesterday's surprising ADP data. As of writing the cross is advancing 0.05% at 1.5506 facing the next resistance ... read more
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USD/JPY printing fresh highs

posted by Avatar cane 143 days ago in USD made popular 143 days ago

The cross is posting new session's high as risk-off trade sharpens along with a stronger US dollar. The cross was trading in its lowest levels since the record intervention by the BoJ in late October. ... read more