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Required Yield Theory Stock Market: Gold, Oil And Bond Valuation Update

posted by Avatar aranel 159 days ago in USD, EUR, Commodities

... decrease the value of gold, increase the valuation of stocks and have minimal impact on oil price; c) the rising USD$ index eg DXY is negative for oil and gold and indirectly negative for stocks via reduced repatriation value of foreign earnings. ... read more
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Euro steady against dollar in light trading

posted by Avatar aranel 161 days ago in EUR, CHF made popular 161 days ago

7. In other trading Friday, the British pound fell to $1.5499 from $1.5501. The dollar fell to 77.82 Japanese yen from 77.91 Japanese yen and to 0.9383 Swiss franc from 0.9405 Swiss franc. The dollar rose to 1.0387 Canadian dollar from 1.0358 Canadian ... read more
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A commanding display by the dollar

posted by Avatar aranel 165 days ago in EUR

Germany's central bank is also very concerned about the size of its potential involvement in this proposal (EUR 45bln), and the risk involved. The only way for the Bundesbank to contribute in this way would be through some kind of special indemnity ... read more
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USD/CAD weekly outlook: December 5 - 9

posted by Avatar aranel 174 days ago in CAD

Canada is to publish official data on housing starts, as well as data on house price inflation, both leading indicators of economic health. Also Thursday, the US is to publish its weekly report on initial jobless claims, the nation's earliest economic ... read more
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EUR/USD nears 7-week low after euro FinMin meeting

posted by Avatar aranel 178 days ago in EUR

The euro was fractionally lower against the pound, with EUR/GBP dipping 0.05% to hit 0.8532. Later in the day, Germany was to publish official data on retail sales and employment change, while the wider euro zone was to release data on inflation and ... read more
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AUD/USD: recovering ground, 0.9830 key resistance zone

posted by Avatar aranel 183 days ago in AUD made popular 183 days ago

Australian dollar is trading around 0.9750 daily highs, gaining strength amid a recovery in stocks. However, and taking a look at bigger time frames, the movement remains just corrective, as per indicators still below their midlines, and a strong daily ... read more
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GBP/AUD is moving inside the highly Uniform Rising Wedge chart pattern

posted by Avatar aranel 184 days ago in AUD made popular 184 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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EU debt situation will continue to keep the market enthralled

posted by Avatar aranel 184 days ago in AUD made popular 184 days ago

In the FX market, this meant the big carry trades like AUD/JPY, which had been built up over 4 years, were dismantlked in 2 weeks. If you want to know where everything will go in another credit-crunch event, just find out where all the big leveraged ... read more
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Asia stocks drop as Italy debt woes brew

posted by Avatar aranel 193 days ago in EUR made popular 193 days ago

But a worrisome sign emerged Monday when the Italian government sold five-year bonds at 6.29 percent interest the highest interest rate since 1997. Italy paid a much lower rate of 5.32 percent at a similar auction only last month. ... read more
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EURO Ressources : EURO RESSOURCES REPORTS EARNINGS FOR THE THIRD QUARTER AND ...

posted by Avatar aranel 198 days ago in EUR made popular 198 days ago

Another contributing factor was the 2% increase in production for the nine months ended September 30, 2011 to 295870 ounces of gold (2010: 290016 ounces of gold). EURO recorded an income tax expense of 7.76 million for the nine months ended September ... read more
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What separates Italy from Greece? (The Ionian Sea)

posted by Avatar aranel 199 days ago in EUR made popular 199 days ago

The euro fell sharply, as did the Canadian dollar CAD/USD-I as the US greenback climbed. "The worry now is that Italy's borrowing costs in the market will rise at a more alarming rate," Mr. Higgins said. "... Within a month of the 10-year yield in ... read more
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Pound Mixed Ahead Of UK Sept. Trade Report

posted by Avatar aranel 199 days ago in GBP, Economic Indicators

UK's trade figures are due from the Office for National Statistics at 4.30 am ET. The visible trade deficit is expected to widen to GBP 7.95 billion in September from GBP 7.76 billion in August. The pound showed mixed trading ahead of the ... read more