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The pound was pressured by the UK labor market report.

posted by Avatar Shawn 191 days ago in EUR, GBP made popular 191 days ago

The GBP/USD pair traded in the $1.5742 - $1.5814 range during the European trading session. Australian Dollar: The Australian dollar was negatively affected by the report, that showed the reduced growth wages during the 3rd quarter, which was much more ... read more
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Nitin Desai: Planning for bad times

posted by Avatar Shawn 192 days ago in Economic Indicators made popular 192 days ago

In fact, the approach paper states: It should not be difficult to secure the capital inflows necessary to finance a level of CAD [current account deficit] of 2.5 per cent of GDP, relying on stable long-term Foreign Direct Investment (FDI) flows. ... read more
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Euro hits 1-month low, crisis threatens more EU members

posted by Avatar Shawn 193 days ago in EUR

Euro zone and US inflation data are next in focus and a stronger-than-expected result for Europe may dim prospects for a follow-up interest rate cut by the European Central Bank. Ahead of that, the Bank of Japan will announce the outcome of its policy ... read more
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Technical outlook on currencies India Forex

posted by Avatar Shawn 194 days ago in JPY

GBP/INR may not fall much due to weakening rupee. Maintain short term Bearish and Medium Term Bearish. Target 1.5500 levels. USD/JPY: Yen is currently trading at 77.14. Yen continue to rise after Japan's economy grew for the first time in a year and ... read more
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The US dollar index sharply increased by 1.5%

posted by Avatar Shawn 199 days ago in USD, NZD made popular 199 days ago

Euro, AUD and NZD opened near yesterday's close, then plunged by about 2% and are currently trading close to intra-day lows. Euro seemed resilient in early London trades touching high of 1.3859, but then pared gains to trade near intra-day low of ... read more
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European Factors-Shares seen jumping on Berlusconi departure

posted by Avatar Shawn 199 days ago in EUR, JPY

MARKET SNAPSHOT AT 0620 GMT LAST PCT CHG NET CHG S&P 500 1275.92 1.17 % 14.8 NIKKEI 8755.44 1.15 % 99.93 MSCI ASIA EX-JP 0.78 % 3.86 EUR/USD 1.3817 -0.12 % -0.0016 USD/JPY 77.55 -0.18 % -0.1400 10-YR US TSY YLD 2.065 -- -0.01 10-YR BUND YLD 1.805 ... read more
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Daily Majors Fundamental: EUR/USD, USD/JPY, GBP/USD, USD/CHF

posted by Avatar Shawn 201 days ago in all, CHF, Economic Indicators made popular 201 days ago

The US economy will release the Consumer Credit for September at 19:00 GMT, where it's expected to come at $5.00 billion from the previous reading of $9.501 billion. Both economies lack economic fundamentals which propose that there would be calm ... read more
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Cdn dollar: 98.84 cents US at 11 a.m. ET

posted by Avatar Shawn 206 days ago in USD, GBP made popular 206 days ago

TORONTO - The Canadian dollar is trading at 98.84 cents US this morning, up 0.69 of a cent on Wednesday. The US dollar is trading at 101.17 cents Cdn, down 0.71 of a cent. Pound sterling was worth C$1.6204, down 0.48 of a cent and US$1.6017 up 0.65 of ... read more
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Dollar briefly extends losses vs euro after ADP data

posted by Avatar Shawn 206 days ago in USD, EUR, JPY, CAD

The ADP national employment report showed that US employment grew by 110000 in the private sector last month, higher than forecasts of 101000 new jobs. The euro rose to around $1.37930 EUR=EBS after the report and was last at $1.37890, up 0.7 percent. ... read more
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Freese and Nichols Expands Energy Group with Move to Richardson's Greenway Plaza

posted by Avatar Shawn 211 days ago in CAD made popular 211 days ago

Freese and Nichols will move these employees to the new location, and anticipates adding 10-12 new positions by the end of 2013, most likely mechanical and chemical engineers, CAD technicians and designers. "We are pleased to have a company as highly ... read more
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USD/CHF Up On Economic Data

posted by Avatar Shawn 211 days ago in all, CHF made popular 211 days ago

By Forexpros on October 28, 2011 | More Posts By Forexpros | Author's Website Forexpros The US Dollar was higher against the Swiss Franc on Friday after the release of Swiss data on KOF Leading Indicators. USD/CHF was trading at 0.8639, ... read more
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EUR/USD retraces more than 61.8% of days drop

posted by Avatar Shawn 213 days ago in EUR made popular 213 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more