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Safe to Sell EUR in the Hole?
The steep decline highlights the ongoing squeeze faced by UK consumers as they struggle with high inflation and subdued earnings growth in a technical recession. The EUR/GBP short remains in play with the recent technical bounce being overdone.
41 votes
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ENERGY MARKETS REPORT INCLUDING: ExxonMobil is to farm out several oil and gas ...
The Cove board has recommended a new cash takeover offer from Thailand's PTTEP, which has surpassed the previously recommended Shell bid by 9.1% or GBP 0.20 per share. ExxonMobil is to farm out several oil and gas blocks in Indonesia as their output ...
44 votes
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USD/JPY Forecast May 23, 2012, Technical Analysis
The USD/JPY pair had a bullish day on Tuesday as the world awaits the result of the Bank of Japan’s meeting. The pair slammed into the 80 level again, and there were plenty of offers there to keep prices under wraps. The meeting could produce fir
23 votes
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USD/CAD Forecast May 23, 2012, Technical Analysis
The USD/CAD pair had a bullish session for Tuesday as the bounce recaptured much of what was lost on Monday. The oil markets fell again, and this certainly helped the rise in this pair. The Dollar is currently being bought against most other curr
33 votes
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NZD/USD Forecast May 23, 2012, Technical Analysis
The NZD/USD pair fell hard during the session on Tuesday as European fears continue to haunt the markets. In late New York trading, former Prime Minister of Greece Papademos suggested that a Greek exit from the European Union was a very real risk
31 votes
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Crude Oil Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:Crude Oil continued its decline, trading at 92.25 down 0.60. Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of
33 votes
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NZD/USD Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendation: (close of the Asian session)The NZD/USD is trading at the end of the Asian session at 0.7669. The kiwi rallied almost 1 cent as investors digested the Group of Eight leaders’ pledge to support growth policies in
31 votes
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EUR-USD for May 23 2012
The euro dipped to as low as around $1.2643, just barely above last week's trough of $1.2642 and not far from its 2012 low of $1.2624 set in January.
41 votes
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Forex Outlook 05/23/2012
It is big events for forex market May 23, 2012
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Seoul shares seen rangebound, investors eye euro zone summit
---------------MARKET SNAP SHOT @ 22:33 GMT--------------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1316.63 0.05% 0.640 USD/JPY 79.98 0.03% 0.020 10-YR US TSY YLD 1.777 -- 0.000 SPOT GOLD $1568.19 0.02% 0.290 US CRUDE $91.67 -0.20% -0.180 DOW ...
30 votes
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EURUSD Finds Resistance at 8 Day EMA, 22nd May
EURUSD Finds Resistance at 8 Day EMA, 22nd May
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Asia Preview Gold, Silver and Crude Oil Trading
US Gold futures prices finished pit trade moderately lower Tuesday, pressured by Bearish outside markets that included a firmer USD index and lower Crude Oil prices. The Gold market is also seeing some consolidation on the charts after recent gains.


