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Dollar slides lower after upbeat ISM report

posted by Avatar babyblue 144 days ago in NZD made popular 144 days ago

In addition, the greenback was weaker against its Canadian, Australian and New Zealand cousins, with USD/CAD tumbling 0.99% to hit 1.0086, AUD/USD rallying 1.32% to hit 1.0369 and NZD/USD jumping 1.43% to hit 0.7895. The Australian dollar was boosted ... read more
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Risk Comeback or Healthy Post Holiday Corrective Rally?

posted by Avatar babyblue 144 days ago in NZD

The commodity currencies have unsurprisingly been the relative outperformers on familiar correlations, with Aussie back to some solid resistance in the 1.0300 area, Kiwi trading towards 0.8000, and CAD contemplating acceleration towards parity. ... read more
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USD/JPY orders

posted by Avatar babyblue 150 days ago in USD

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
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Flat trading dominates the start of the week

posted by Avatar babyblue 152 days ago in USD made popular 152 days ago

The GBP/USD spiked lower to 1.5570 but rebounded and rose quickly back to daily highs that lie at the 1.5630 region, where currently trades. Commodity currencies are posing minor gains versus the US Dollar and continue to trade in small ranges. ... read more
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EUR/USD Forecast Dec. 22, 2011, Fundamental Analysis

posted by Avatar babyblue 157 days ago in EUR, Economic Indicators

The Jobless Claims are due the same time after the unexpected huge drop in the past week to 366 the lowest in three and a half years. TheUniversityofMichigan Confidencefinal estimate for December is due at 14:55 GMT and expected with an upside revision ... read more
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USD/JPY slips on search for European guidance

posted by Avatar babyblue 172 days ago in all, EUR

Forexpros - The yen slid against the dollar Wednesday in mid-session Asian trading as investors sold currencies on sentiment Europe will work its way out of the debt crisis and the global economy will improve. USD/JPY was trading at 77.73, up 0.006%, ... read more
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Euro Zone GDP Rises In Line With Expectations In Q3

posted by Avatar babyblue 172 days ago in EUR made popular 172 days ago

By Forexpros on December 6, 2011 | More Posts By Forexpros | Author's Website Forexpros The euro zone's economy expanded in line with expectations in the third quarter, unchanged from an initial estimate, revised data showed on Tuesday. ... read more
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AUD/USD awaiting further cues from RBA

posted by Avatar babyblue 173 days ago in AUD made popular 173 days ago

Commodity currencies outperformed the euro with the Australian dollar managing to hold onto gains seen at the weekly open. AUD/USD ended the American session at 1.0268, having risen as high as 1.0302 on Monday, ... read more
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USD/JPY Up During Asian Trade

posted by Avatar babyblue 177 days ago in USD, Economic Indicators made popular 176 days ago

By Forexpros on December 2, 2011 | More Posts By Forexpros | Author's Website Forexpros The US Dollar was higher against the Japanese Yen on Friday after the release of Japanese data on Capital Spending. USD/JPY was trading at 77.81, up 0.14% at time ... read more
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Goldcorp allowed to start full Construction of lonore Gold Project

posted by Avatar babyblue 178 days ago in CAD, Commodities made popular 178 days ago

Goldcorp can now start full construction of the USD 1.4 Billion lonore gold project in northern Quebec, Canada. (Picture: Goldcorp Inc.) Vancouver (BC), Canada With life-of-mine gold production expected to average approximately 600000 ounces of ... read more
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Japan govt aiming for 'appropriate' yen levels

posted by Avatar babyblue 180 days ago in JPY

Bank of Japan Governor Masaaki Shirakawa also signalled that the central bank's ultra-easy monetary policy aims to keep sharp yen rises in check by pushing down longer-term interest rates. "Current yen rises are a result of the yen being bought as a ... read more
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India Forex s technical outlook on currencies

posted by Avatar babyblue 187 days ago in JPY made popular 187 days ago

USD/JPY: Yen is currently trading at 77.05. Yen depreciated as a correction was due after days of appreciation in the USD/JPY pair and it also depreciated on concerns of possible Japanese government intervention. Support is seen at around 76.29 levels ... read more