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EUR/USD erases daily gains

posted by Avatar forexanalysis 116 days ago in EUR made popular 116 days ago

After being capped at 1.3213, the EUR/USD was unable to hold the 1.3200 handle and has been progressively losing ground during the American session. Weak US data is disappointing the buyers as annual housing prices dropped to ... read more
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Australian Dollar Outlook - 31 January 2012

posted by Avatar forexanalysis 117 days ago in EUR, AUD

By Christine Gaylican | January 31, 2012 9:46 AM EST The AUD has recovered from an overnight low of USD 1.0527, to currently be holding steady around USD 1.0600, despite risk aversion trading seen overnight as concerns over the European debt crisis ... read more
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A Good Week For The Euro: Can We Expect More?

posted by Avatar forexanalysis 120 days ago in EUR made popular 120 days ago

When, after five weeks of a EUR/USD pair grinding lower, we felt the bear position was too popular, and a rally was due. For the last two weeks, we have had that rally, taking the market from a low of 1.2626 to a high of 1.3183. read more
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Research and Markets: Cutting Tool and Machine Tool Accessory Manufacturing ...

posted by Avatar forexanalysis 135 days ago in Economic Indicators

Its scope contains analysis on the industry's key financial data, competitive landscape, shipment and inventory data, upstream and downstream industries, and trade data. The industry's revenue for the year 2010 was reported at $3.6 billion USD, ... read more
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Markets Live: Shares poised to jump

posted by Avatar forexanalysis 137 days ago in AUD made popular 137 days ago

''First of all, we've had some gains with commodity prices with both oil and gold moving higher which has supported the commodity currencies (like the Australian dollar)," said Kathy Lien, GFT director of currency research. ... read more
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District-heating mains construction work District heating

posted by Avatar forexanalysis 141 days ago in GBP made popular 141 days ago

Estimated value excluding VAT: Range: between 350 000 and 500 000 GBP Information and formalities necessary for evaluating if the requirements are met: (1) All candidates will be required to produce a certificate or declaration demonstrating that they ... read more
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US Market Upate: Dow +240 S&P +25 NASDAQ +57

posted by Avatar forexanalysis 144 days ago in USD

Front-month WTI crude is also gaining, up more than $2.50 to trade around $102.60. - Two major shale gas deals were consummated with official press releases this morning, involving foreign firms investing in US assets. Chesapeake Energy completed the ... read more
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Trade Idea Central, January 3rd

posted by Avatar forexanalysis 145 days ago in AUD, Economic Indicators

So are we getting to the top of the trading range for the AUD do you think?... Rankin: Yes, it looks like it might take that 1.0340 level you mentioned earlier. At least, that's what my... cambiste: well switching to euro doesn't give you any upside ... read more
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UK Q3 BoE Housing Equity Withdrawal GBP -8.6 bn (Prev: -9.6R Mkt: -9)

posted by Avatar forexanalysis 148 days ago in Economic Indicators made popular 148 days ago

The Nationwide Building said that slower inflation may have played a part in halting downsides - wage growth had been lagging price rises amid the weak labour market. The relief however, is insufficient to dispel overall concerns over the economy, ... read more
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China wins major oil deal in Afghanistan

posted by Avatar forexanalysis 151 days ago in Economic Indicators made popular 151 days ago

"This could involve projects in infrastructure, including high-speed rail in times to come," he added. In 2008, the China Metallurgical Construction Co. had signed a contract to develop the Aynak copper mine in Logar province by investing USD 3.5 ... read more
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Very tight ranges again in Asian FX trade

posted by Avatar forexanalysis 159 days ago in NZD

By Sean Lee || December 20, 2011 at 03:44 GMT Once again, it's only the AUD and NZD which have managed to move at all during Asian trade with EUR/USD trading a 20 pip range and USD/JPY only seeing 10 pips. The NZD has had another reasonably strong ... read more
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FX AUD/USD: Quiet day expected but mood has improved

posted by Avatar forexanalysis 163 days ago in EUR, AUD made popular 163 days ago

Despite a relatively settled EU debt market and more evidence the US economy is weathering the storm out of Europe - commodity prices couldn"t hold on to earlier gains and ended the day in the red. The slip in commodity prices helped to cap the AUD/USD ... read more