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Rand Slides to This Year’s Low as CPI Below Expectations

posted by Avatar commodityblog 3 days ago in USD, Fundamental, Daily made popular 3 days ago

The South African rand slumped against the US dollar today to the lowest level this year as slower-than-expected growth of consumer prices triggered speculations that the nation’s central bank would refrain from raising interest rates. read more
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Eurozone Current Account Logs Surplus In March

posted by Avatar eriathwen 3 days ago in USD, EUR, CAD made popular 3 days ago

The surpluses were partially offset by EUR 8.8 billion deficit in current transfers. The 12-month cumulated seasonally adjusted current account posted EUR 9.6 billion surplus in March, which was around 0.1 percent of euro area GDP, compared with a ... read more
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Nordic Mines announces a fully underwritten rights issue of approximately SEK ...

posted by Avatar kulas 3 days ago in all made popular 3 days ago

... entered into for the purpose of hedging the price of gold, due June 30, 2012, for which the current spot price is higher than the contracted price why Nordic Mines has to pay the difference amounting to approximately EUR 2.0 million. read more
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USD/JPY Forecast May 23, 2012, Technical Analysis

posted by Avatar FXEmpire 4 days ago in USD, JPY, Technical made popular 3 days ago

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 read more
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Australian And New Zealand Dollars Plunge On Renewed Greek Worries

posted by Avatar WiredDeal 4 days ago in USD, JPY, GBP, AUD made popular 4 days ago

The Australian dollar slipped to 2-day lows of 77.87 against the yen and 1.2990 against the euro, compared to yesterday's close of 78.43 and 1.2941, respectively. If the aussie weakens further, it may likely target 77.6 against the yen and 1.304 ... read more
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EUR/USD Fundamental Analysis May 23, 2012, Forecast

posted by Avatar FXEmpire 4 days ago in USD, EUR, Fundamental made popular 3 days ago

Analysis and Recommendations:

The EUR/USD continued to fall in today’s session. At present the euro is bringing 1.2734

Once again, it has been a fairly light day for eco data, so new flow controlled markets, news has also been mixed as the read more
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Dollar Gains on Bad Risk Sentiment & Good US Fundamentals

posted by Avatar commodityblog 4 days ago in USD, Fundamental, Daily made popular 4 days ago

The US dollar advanced today as fears that the crisis in Europe is worsening drove investors to safer currencies and the dollar in particular as the US economy continue to show signs of recovery. read more
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C$ gains on hopes of EU action

posted by Avatar William 4 days ago in all made popular 4 days ago

The Canadian dollar firmed against its US counterpart on Tuesday, tracking global equities higher on speculation ... read more
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U.K. April Public Finance In Surplus

posted by Avatar rui 4 days ago in USD, EUR, GBP, CAD made popular 4 days ago

This month's figures include a large one-off transfer to Government of GBP 28 billion, as part of the transfer of the Royal Mail Pension Plan. Public sector net debt at the end of April totaled GBP 1006.3 billion or 64.8 percent of GDP. read more
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Yen Slides as Fitch Downgrades Japan

posted by Avatar commodityblog 4 days ago in USD, JPY, Fundamental made popular 4 days ago

The Japanese yen fell today as Fitch Ratings downgraded Japan’s sovereign credit rating because country’s actions to reduce public huge public debt are too slow. read more
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Is China about to Launch More Stimulus?

posted by Avatar eToro 4 days ago in AUD, Fundamental, Daily made popular 4 days ago

By nearly any accounting, the Chinese government’s efforts to cool off its super-heated economy was a well-engineered success, but many critics worry that it was perhaps too successful. According to the International Monetary Fund, China’s slowdo read more
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Slovakia - Factors To Watch on May 22

posted by Avatar friendlydude 4 days ago in all made popular 4 days ago

Fitch has simultaneously affirmed Slovakia's Short-term rating of 'F1' and Country Ceiling of 'AAA'. related news SLOVAKIA SELLS CHF 75 MLN 2022 BONDS Slovakia sold 75 million Swiss francs ($79.45 million) worth of 10-year 2.75 percent coupon state ... read more