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Euro continues to sink

posted by Avatar newsinabox 141 days ago in EUR, GBP made popular 141 days ago

The UK PMI of the services sector was materially stronger than the market consensus, but remarkably it didn't inspire further sterling gains. Apparently it was not enough to change investors' assessment on the possible UK recession in Q4 2011/Q1 2011. ... read more
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USD/CAD Forecast Jan. 4, 2012, Fundamental Analysis

posted by Avatar newsinabox 143 days ago in CAD made popular 143 days ago

The USD/CAD pair could still rise if pessimism continues to dominate markets, as uncertainty remains the main theme in markets, and that could also lead to deep fluctuations for the USD/CAD pair. No economic data will be released from Canada so eyes ... read more
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Daily Technical Majors: EUR/USD, GBP/USD, USD/CHF, USD/JPY

posted by Avatar newsinabox 148 days ago in CHF made popular 148 days ago

In fact, it quickly becomes a binary trade at this point as a move above it is a massive buy and hold signal, and any signs of weakness as we approach that level would only confirm the massive resistive qualities of that level. ... read more
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St Augustine Gold & Copper Ltd. Announces Results of Annual General Meeting ...

posted by Avatar newsinabox 150 days ago in CHF, Commodities made popular 150 days ago

Contacts: CHF Investor Relations Jeremy Hill Associate Account Manager 416 868-1079 ext. 238 jeremy@chfir.com CHF Investor Relations Jeanny So Director of Operations 416-868-1079 ext. 225 jeanny@chrir.com. read more
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Irish May Pay Greek Price for T-Bill Market Return: Euro Credit

posted by Avatar newsinabox 150 days ago in EUR made popular 150 days ago

Ireland pays interest of about 3.8 percent on the 45 billion-euro ($58.8 billion) bailout from its European benefactors and about 4.7 percent for the portion of the 22.5 billion-euro loan package it borrowed so far from the International Monetary Fund. ... read more
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EUR/USD holds steady in holiday-thinned trade

posted by Avatar newsinabox 153 days ago in EUR made popular 153 days ago

Elsewhere, the euro was also modestly lower against the pound, with EUR/GBP inching down 0.05%, to hit 0.8368. Investors expect trading to be quiet throughout the day, with markets in Europe, the UK and the US all closed for the Boxing Day holiday. ... read more
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ForexLive US wrap: Rallies still for sale in EUR/USD

posted by Avatar newsinabox 156 days ago in EUR, JPY made popular 156 days ago

USD/JPY ends the session in a very narrow range but is sowing a few signs of life late in the year. The 10-day moving average actually has a positive slope for the first time in nearly 18 months, perhaps a sign that the bulls may finally be taking ... read more
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Dollar dips amid post euro sell-off profit taking

posted by Avatar newsinabox 164 days ago in GBP

In the UK high jobless rates fueled fears the continent's economy was teetering on the edge of recession. The UK jobless rate hit a 17-year high in the three months ending October, with 2.64 million people out of work. "The unemployment rate is the ... read more
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Euro Fudge Distracts From Global Debt Titanic; Intervention In Gold Market?

posted by Avatar newsinabox 167 days ago in EUR made popular 167 days ago

Gold traded higher after the ECB interest rate cut yesterday, prior to sharp selling that came into the market at 1335 GMT. This led to gold falling 2% on the day and it is now down 1.3% on the week again outperforming many equity indices. ... read more
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Horse loans with high interest rates split opinions

posted by Avatar newsinabox 176 days ago in EUR

Euro Horse Finance with its slogan, financing the equestrian industry is promoting unsecured loans of up to 10000 with interest rates from 19.9% to 29.9%. Secured loans with interest rates of up to 13.9% are also available. ... read more
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Would a Gold Standard Make a Difference?

posted by Avatar newsinabox 178 days ago in Commodities, Economic Indicators made popular 178 days ago

Deflation is a "deterioration of the monetary standard" just as much as inflation, as sometime Reagan advisor and WSJ editor Jude Wanniski noted in 1982. No less disastrous for everything built on the grammar, culture and genius of money than its ... read more
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AUD/JPY extends gains in Asia, two-week highs

posted by Avatar newsinabox 179 days ago in AUD

[Current price: 78.05] The Australian dollar rose to a two-week high versus the Japanese yen during the Asian session, extending the latest bullish run since the market bounced from strong support at 74.75 on the 24th day of ... read more