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QE2 Announced – Total $600 billion – Market Rocks

posted by forexcrunch 570 days ago in USD, Fundamental made popular 570 days ago

QE2 was announced – the statement did mention numbers – a total of $600 billion that will be spent until the end of the second quarter, at a pace of $75 billion per month. The initial reaction is a fall of the dollar, but this was reversed quickl

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Chartist Corner Strategy Session 3-4PM ET (Join Now)

posted by FXTimes 570 days ago in Technical, Weekly, Special made popular 570 days ago

The Chartist Corner provides a strategy session to learn about the tools used in technical analysis and strategy planning. These technical tools include Moving averages, RSI, Fibonacci, Elliott Wave Principles, candlestick and market patterns, et

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U.S. Service Sector Growth Accelerated

posted by forexben 570 days ago in USD, Technical, Daily made popular 570 days ago

The ISM non-manufacturing index indicated that the sector expanded for the tenth consecutive month in October, and the pace of growth increased by more than was expected, because the index rose to 54.3 from 53.2 in the previous month (a reading a

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Japanese Yen Softens Ahead of BoJ Meeting

posted by forexben 570 days ago in USD, Fundamental, Daily made popular 570 days ago

The Japanese yen weakened across the board over the European session and continue to do so in the US session. This currency has been strong, but Bank of Japan event risk on Thursday's Asian session should keep the mighty yen in check for now. The

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Some Quiet Strength from the Non-Manufacturing Sector

posted by forexben 570 days ago in USD, EUR, Fundamental made popular 570 days ago

Improvements were broad based with 8 of 10 sub-indexes posting improvements. Notably, business activity surged from 52.8 to 58.4, new orders inched up from 54.9 to 56.7, and employment posted a modest increase to 50.9 from 50.2 in September.

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U.S. Service Industries Probably Grew at Faster Pace

posted by makino 570 days ago in USD made popular 570 days ago

Service industries probably expanded in October at a pace that shows limited improvement in the U.S. economy, economists said before a report today.

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Pound Rises Versus Dollar, Euro as Services Growth

posted by konata 570 days ago in EUR, GBP made popular 570 days ago

The pound gained versus the dollar and the euro after a report showed U.K. services growth unexpectedly accelerated in October, bolstering the view that the Bank of England will keep its policy unchanged tomorrow.

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Europe Inflation Unexpectedly Quickens to 1.9%

posted by sassygirl 576 days ago in EUR, Inflation, Employment

European inflation unexpectedly accelerated to the fastest in almost two years and unemployment was at a 12-year high as the recovery showed signs of losing momentum.

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(VIDEO) Elliott Wave Review Ahead Of The GDP

posted by ew-forecast 576 days ago in USD, Technical made popular 575 days ago

Elliott wave counts for Aud/Usd, Eur/Usd, gold and oil. Its my 1st view:) Your feedback is welcome!

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Loonie rallies one cent as greenback tumbles

posted by domyouji 576 days ago in USD, CAD made popular 575 days ago

The Canadian dollar rose by a cent against its U.S. counterpart on Thursday as the greenback slid amid growing uncertainty about the size of the U.S. Federal Reserve's monetary easing program, expected next week.

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EUR/USD Oct. 29 – Very Nervous Trading

posted by forexcrunch 576 days ago in USD, EUR, Technical made popular 575 days ago

EUR/USD fell again towards the support line, on a very busy day, that will just get busier. How will it close the week? Here’s a quick update on technicals, fundamentals and community trends.

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Jobless claims rise in surprise

posted by sassygirl 590 days ago in USD, Employment made popular 590 days ago

Companies are buying more foreign-made semiconductors and cars as they invest in equipment and build stockpiles while keeping a tight rein on payrolls, reports show.

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