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Asia Market Preview Gold, SIlver and Oil Prices
By Paul A. Ebeling, Jnr. US Gold futures prices finished pit trade a bit higher, but off the early session highs Thursday. A strengthening USD index prompted the precious Yellow metal to back off its daily high. Trading Friday will be extra important ...
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ForexLive: NZD/USD's Choppy Correction Higher
The NZDUSD has been chopping higher with the NY action staying above the 200 bar MA on the 5 minute chart and a loose channel trend line. Earlier the price pushed above the midpoint of the move down this week but that attempt was quickly rejecte
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Gold edges up as euro cuts losses
Gold rose on Thursday, ...
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Better Data Boosts Risk Appetite, Sending US Dollar Lower
US dollar is moving lower right now, thanks to improved risk appetite. Most of that risk appetite is coming from enthusiasm over better data in the United States. Improvements to the US economy are helping high beta currencies, even after continu
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Duty-free shopping group Global Blue sells for $1.3 bln
... in Europe reclaim sales tax on their shopping and offers its service through more than 270000 retail locations worldwide. Equistone, formerly Barclays Private Equity, bought Global Blue in 2007 in a deal valuing the business at 360 million euros.
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UK Q1 GDP Contracts More Than Initial Estimate
Meanwhile, output of the service industries rose by 0.1 percent. In a separate report, the ONS said business investment rose by GBP 1.1 billion sequentially to GBP 30.8 billion. On a yearly basis, investment grew GBP 3.8 billion or 14.2 percent. by RTT ...
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European Factors to Watch - Shares expected to rebound
MIASJ0000 -0.23 % -1.05 EX-JP US> EUR/USD 1.2566 -0.17 % -0.0021 USD/JPY 79.48 0.03 % 0.0200 10-YR US TSY 1.738 -- 0.01 YLD 10-YR BUND 1.396 -- 0.01 YLD SPOT GOLD $1556. -0.32 % -$4.98 0 US CRUDE $90.25 0.39 % 0.35.
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EUR/USD Sliding on Weak German Data, Grexit Worries
The euro free fall continues, as EUR/USD has dropped to lows not seen since July 2010. Weak business climate and manufacturing data out of Germany pushed the pair downwards, and the inconclusive, unimpressive EU Summit was of no help to the belea
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Euro/USD Declined Again on Wednesday –Daily Recap May 23
The Euro/USD continued its downward trend and tumbled down during yesterday’s trading. The recent EU Summit didn’t help rally the Euro. Furthermore, the Aussie dollar and other currencies such as the GBP also depreciated against the USD. The safe
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Crude Oil Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:Crude Oil continues to decline falling by over 1.17 today to trade at 90.69.
Oil declined for a second day in New York after Iran agreed to grant access to United Nations nuclear inspectors and U.S. crude stock
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Oil & Copper Drop on Europe, Coffee Falls on Rising Supply
Commodities, including oil and copper, fell today on fears that Greece would exit the eurozone. Coffee was under pressure on prospects for higher output from Brazil and Colombia.
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Cowabunga System Daily Update: Wednesday, 05/23/2012
Today was a good day with an interesting trade. You'll definitely want to check it out as I was able to grab a nice 35 pips! See how it all went down in today's Cowabunga Surf Report.


