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Market factors to watch - Dec 29
(BUSINESSWORLD) MARKET NEWS > SE Asia Stocks-Most drift lower in light trade > Wall St ends 5-day rally on euro-zone concerns > Euro nears 1-yr low vs dlr, hits 10-yr low vs yen > Oil falls on dollar's rise, Wall St pullback > Gold down 2 pct, ...
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In Asia Diamond Surpasses Gold amid Rise in Spending on Luxury Items
Next year, there will be a rise of 9% to 145 USD per carat for the uncut diamonds, 1.4% in 2013 and 4.8% in 2014, as per an analyst of BMO Capital Markets. The gem might rise 2.6% in 2015 and 3.2% in 2016, he said. The gold is predicted to fall for ...
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Gold (XAU/USD): Sell Signal for Entry 14:00 AM EST
For each trade I have a 5 Dollar Stop Loss and a 5 Dollar Take Profit. That means that my strategy is profitable if more than 50 percent of my trades will win. On my account I risk for each trade LESS THAN ONE PERCENT. That means I need to have at ...
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GBP/USD Weekly Outlook: December 19 - 23
The UK is to publish official data on the current account, as well as revised data on third quarter GDP growth. The US is to publish its weekly report on initial jobless claims, a leading indicator of economic health. The country is also to produce ...
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Dead yen walking
According to Societe General, the Japanese Debt Service as % of Tax Revenues already exceeded 57% in 2010 and the interest expense was over 27%. Therefore a rate increase of 2 or 3% would simply send the country into "virtual" bankruptcy. ...
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Australian sentiment coming up
A decline of more than 1% would underscore the need for more rate cuts and might weigh on AUD. The content of this field will not be shown publicly. Adam Button: Ideally, we get a quick plunge to 1.29, or just below on no news. ...
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Asia Close Highlights (SGD THB KRW PHP IDR TWD HKD CNY INR MYR)
GBP/USD at 1.5540-50 on US names selling, though Middle East accounts bids on dips were providing a floor for cable. AUD/USD hit fresh day lows of 1.0112 vs1.0218 on Fri, weighed by narrower trade surplus, focus on Fri's 1-week lows 1.0048. ...
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EUR/USD bounces to 1.3460 session high
You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ...
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USD/JPY Down During The US Session
By Forexpros on November 29, 2011 | More Posts By Forexpros | Author's Website Forexpros The US Dollar was lower against the Japanese Yen on Tuesday after the release of US data on CB Consumer Confidence. USD/JPY was trading at 77.84, down 0.17% at ...
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German Nov IFO data surprises with Month-over-month rise
However large offers were said to be layered from 1.3400 to 1.3420 area and did manage to cap momentum for the time being - The GBP/USD saw its early gains in the session fail by the mid-morning. The components of the UK GDP data was not constructive ...
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Is There More Downside In The Aussie?
In a thin holiday market, these moves can be exaggerated. Much of the weakness in the Australian dollar is anticipation of slowing global economies. China, Australia's largest trading partner, is seeing a contracting economy. ...
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Canadian dollar gains ground defying the trend of other 'commodity currencies'
The pound Canadian dollar (GBP CAD) exchange rate is 0.01% higher on the day at 1.6230. The US dollar Canadian dollar exchange rate is (USD CAD) is 0.36% higher at 1.0410. "Although the commodity driven currencies are weakening in the face of global ...


