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Defending the Euro Is More Than an Economic Issue
Bill Clinton won the presidential election in 1992 with the motto “It’s the economy, stupid.” But when it comes to the future of the euro, “It’s the politics, stupid” is the more appropriate slogan. Since its inception, the euro has always been a
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Euro steadies after worst month since Jan '09
The euro steadied on Monday but remained under pressure after Fitch downgraded Spain's credit rating and France said keeping its top credit rating may be a stretch without tough budget cuts.
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Yen Drops to 112.46 Per Euro
Japan’s currency fell to 112.46 per euro as of 9:10 a.m. in Tokyo from 111.77 in New York on May 28. The yen declined to 91.40 against the dollar from 91.06.
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Learn the Skills Needed to Win at Forex Risk Free!
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The Essentials of Foreign Exchange Trading
The Essentials of Foreign Exchange TradingIdentity LoopFor investors, learning Forex trading presents an alternative investment choice to traditional stock market investing.
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Forex Trading – USD/CHF
During the trading hours yesterday, the US dollar was in range1.1320 – 1.1530 CHF. This morning the currency pair is trading at 1.1470-1.1530. According to Forex analyses, if US dollar breaks the resistance
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Weak euro raises currency bar for U.S. exporters
A slumping euro, while great news for tourists on their way to Europe, is creating headaches for U.S. manufacturers whose overseas sales take a dip every time the currency drops a notch.
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NZ dollar climbs above 68 US cents
The New Zealand dollar climbed above 68 US cents for the first time in 10 days after China moved to calm rattled investors, saying it didn t have plans to withdraw its exposure to the Euro-zone.
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EUR/USD Takes Out Stops Above 1.2300
Doesn’t take much of a bounce in the S&P to send forex dealers scrambling to cover EUR/USD shorts this afternoon. We’ve bounced about 6-7 points in the S&P from afternoon lows and that was enough to push EUR/USD up through stops above 1.2300.We r
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Oil prices mixed in Asian trade
Oil prices were mixed in Asian trade today as Europe's ongoing debt crisis continued to cap investor sentiment. New York's main futures contract, light sweet crude for delivery in July, gained 29 cents to $70.33 a barrel. Brent North Sea crude fo
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AUD inches down as uncertainty reigns
The Australian dollar is trading lower as uncertainty over Europe raises concerns about a recovery in the global economy and lowers demand for commodities.
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Oil price below $65/bbl a "disadvantage"
An oil price of $65 per barrel is still reasonable for all producers, but a price below that level will be a "disadvantage," the chief executive of Saudi Basic Industries Corporation (2010.SE) (SABIC) said on Sunday.


