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Seoul shares seen up, support at 1800 eyed

posted by Avatar cane 181 days ago in USD, EUR, JPY, CAD, Commodities, Economic Indicators made popular 181 days ago

Seoul shares may open modestly higher on Monday after falls last week, and are likely to test support around 1800 points amid persistent concerns about the euro zone debt crisis and possible recession. ... read more
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USD/CAD Weekly Outlook: November 28 December 2

posted by Avatar cane 181 days ago in CAD

The US is to release industry data on house price inflation as well as a report on consumer confidence, a leading indicator of consumer spending. Elsewhere, Canada is to produce data on the current account. Later in the day, the US is to release a ... read more
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Australian Dollar Outlook - 11/24/2011

posted by Avatar cane 185 days ago in AUD made popular 185 days ago

... and as a result the AUD, is the outlook for the Chinese economy. Chinese Vice Premier Wang commented yesterday that global uncertainty has increased sharply, and these comments, combined with the weak manufacturing data result, suggest that the ... read more
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USD/JPY down on economic data

posted by Avatar cane 188 days ago in USD, Economic Indicators made popular 188 days ago

Forexpros - The US Dollar was lower against the Japanese Yen on Monday after the release of Japanese data on Trade Balance. USD/JPY was trading at 76.88, down 0.03% at time of writing. The pair was likely to find support at 76.58, Friday's low, ... read more
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EUR/USD update (16th Nov 2011, 15:30)

posted by Avatar cane 192 days ago in EUR made popular 192 days ago

... to extend its access to funding, further weighed on the euro this afternoon as investors rushed into the safer US dollar. The dollar further strengthened after US data showed that consumer prices fell to 3.5% in October, from 3.9% the previous month. read more
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Exchange rate forecasts: Canadian dollar expected to advance vs the EUR and GBP

posted by Avatar cane 208 days ago in EUR

Barclays Capital have called the Canadian dollar to appreciate in a weekly foreign exchange strategy note. The pound Canadian dollar is currently at 1.5963 while the euro Canadian dollar exchange rate is at 1.3960. Barclays Capital have this morning ... read more
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US Data Comes into Focus after GDP Release

posted by Avatar cane 211 days ago in EUR, Economic Indicators

While growth variances between the US and Europe came into view this past week, the higher yielding assets like the GBP and EUR appeared positioned to lose as traders turned away from risk. The growth in risk aversion may have many investors choosing ... read more
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Japan's CPI steady at +0.2% YoY

posted by Avatar cane 212 days ago in JPY

USD/JPY unchanged at 75.95. Make significant savings on your international money transfers using FXstreet.com's Global Transfers. The opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to ... read more
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FT's Tett Says "Foolish Simply to Deride or Ignore GATA" - GATA Debate CPM re ...

posted by Avatar cane 215 days ago in Commodities

Gold is trading at USD 1653.80, EUR 1196.10, GBP 1038.40, JPY 125832.0, AUD 1594 and CNY 10545/oz. Gold's London AM fix this morning was USD 1651.00, GBP 1035.56 and EUR 1191.37 per ounce. Fridday's AM fix was USD 1623.00, GBP 1027.02 and EUR 1178.14 ... read more
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RBI hints at another rate hike to tame inflation

posted by Avatar cane 215 days ago in CAD made popular 215 days ago

On the current account deficit (CAD), which widened in first quarter of the fiscal, despite a surge in exports and higher net invisibles receipts, the RBI said invisible earnings may also decelerate as slowdown in US and euro area could impact ... read more
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Today's Live Show: Will the New EU Summit Bring New Hope for the EUR?

posted by Avatar cane 218 days ago in EUR made popular 218 days ago

... events that will move the markets during the new trading week, we examine the consensus forecasts for the upcoming economic data, we analyze the latest trend developments with the EUR/USD currency pair, we keep an eye on the GBP/USD pair as the GBP ... read more
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Volatility is here to stay

posted by Avatar cane 224 days ago in EUR

On any given day, the markets can rise or fall based on the latest thinking about Euro-zone sovereign debt problems, a possible US or Chinese recession, weak banks, inflation, deflation or poor jobs numbers. In the just completed third quarter, ... read more