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AUD/USD hits new daily high after PPI data

posted by Avatar busybee 216 days ago in AUD

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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Eyes are on EUR/CHF this morning

posted by Avatar busybee 220 days ago in CHF made popular 220 days ago

Ahead of the regular SNB meeting, a lot of talk carrying on from yesterday of a rise in the EUR/CHF floor. The cross leapt from 1.2380 to 1.2419, in nervous thin trading . Traders seeing a break of the 1.2435 level as a catalyst to 1,2490/00 and 1.2600 ... read more
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USD/CAD Erases Losses As Risk Appetite Wanes

posted by Avatar busybee 222 days ago in CAD made popular 222 days ago

Meanwhile, in the US, official data showed that manufacturing conditions in New York State improved less-than-expected in October, remaining in negative territory for the fifth consecutive month. A separate report showed that US industrial production ... read more
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AUD/USD dipped despite positive data

posted by Avatar busybee 236 days ago in AUD made popular 236 days ago

Australia's trade surplus surged to A$3.10bn in August, well above market expectations of a A$2.14bn result, while building approvals jumped 11.4% to the highest level this year. These reading were expected to bring some volatility to the AUD; ... read more
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Euro Rallies Versus Yen as G-20 Pledges a 'Coordinated' Response

posted by Avatar busybee 246 days ago in all, EUR

He added that cutting the benchmark rate "certainly would not help" in bringing down longer-term rates. The dollar and yen advanced versus most major peers this week as concerns about global growth spurred demand for safer assets. ... read more
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Australian Dollar Outlook - 09/23/2011

posted by Avatar busybee 247 days ago in AUD

The AUD has opened this morning below USD0.9800 as market confidence and continued concerns of a global recession hit the markets hard. Australia: The flight to safety during the offshore session saw falls across all markets, with commodity currencies ... read more
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GBP/USD capped at 1.5740, eases to 1.5700

posted by Avatar busybee 248 days ago in USD made popular 248 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
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USD/CAD Up In US Trade

posted by Avatar busybee 249 days ago in CAD, Economic Indicators made popular 249 days ago

By Forexpros on September 20, 2011 | More Posts By Forexpros | Author's Website Forexpros The US Dollar was higher against the Canadian Dollar on Tuesday after the release of US data on Housing Starts. USD/CAD was trading at 0.9926, up 0.18% at time ... read more
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Risk aversion rose on little fresh news

posted by Avatar busybee 250 days ago in NZD

Under-performer AUD fell with the European negativity from 1.0267 to 1.0167 (a one-month low) by the NY open, bouncing to 1.0230 on the fresh IMF headline as we write. NZD fell from 0.8255 to 0.8172 and is rebounding strongly to 0.8265 on the fresh ... read more
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European Stocks Set To Fall On Debt Woes

posted by Avatar busybee 257 days ago in EUR made popular 257 days ago

The new measures are expected to plug EUR 2 billion funding gap as more and more Eurozone members turned reluctant to hand out further financial assistance to the indebted nation. Asian stock markets fell 2-3 percent on Monday, oil prices eased and the ... read more
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Euro falls to 6-month lows after ECB shifts stance

posted by Avatar busybee 260 days ago in EUR made popular 260 days ago

The euro fell to $1.3788 on trading platform EBS after breaking below its July low of $1.3838 to trade at its lowest levels since mid-March and was last down 0.6 percent for the day. "Interest rate differentials have been the dominant influence on ... read more
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US exports rise signalling firmer growth

posted by Avatar busybee 261 days ago in USD, Economic Indicators

That was the message from 2 economic reports that pointed to a weak labor market, but also a better performance on trade that should boost Q-3 GDP. The number of Americans filing new claims for jobless benefits rose unexpectedly last week, ... read more