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Betashares launches three new ETFs

posted by Avatar freshmint 177 days ago in AUD made popular 177 days ago

The ETFs are currency hedged to substantially remove the impact of AUD/ USD currency fluctuations," said Drew Corbett, head of investment strategy, BetaShares said. The new ETFs follow the arrival of Australia's first synthetic crude oil ETF earlier ... read more
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Asia Midday Highlights

posted by Avatar freshmint 184 days ago in JPY made popular 184 days ago

JPY Crosses: Fixing demand and large purchases by onshore banks for settlement purposes led USD/JPY to levels around 77.40. The upmove in USD/JPY also benefitted some of the crosses with EUR/JPY higher; albeit on a smaller scale at the 103-figure. ... read more
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Market factors to watch - Nov 24

posted by Avatar freshmint 185 days ago in EUR

Thai shares may fall on Thursday amid weakness in global stocks after a weak German bond sale worried investors about Europe's debt crisis and as the economic deterioration at home caused by flooding kept investors cautious. ... read more
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Dollar-demand is unrelenting

posted by Avatar freshmint 187 days ago in EUR made popular 187 days ago

Many European banks, struggling to access funding back home, have desperately been attempting to get funding in dollars. According to the Federal Reserve, deposits by foreign banks (to the Fed) have more than doubled this year, to USD 715bn. ... read more
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Technical and Fundamental Analysis for November 18, 2011

posted by Avatar freshmint 190 days ago in CHF, Analysis made popular 190 days ago

The USD/CHF pairhad a fairly quiet day on Thursday, but did form a small hammer of sorts. The pair is approaching the recent highs, and if the 0.93 handle gives way this pair should continue much higher. If that is the case, our first target is 0.95, ... read more
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Asia Midday Highlights

posted by Avatar freshmint 191 days ago in AUD

USD/Majors: Pivotal levels in the majors tend to break together but this was evidently not the case in overnight trading as AUD broke the parity level while EUR stayed above 1.3420. The Asian session saw some retracement in the overnight fall, ... read more
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Canadian dollar lower, greenback strengthens amid rising European bond yields

posted by Avatar freshmint 193 days ago in EUR

By Malcolm Morrison, The Canadian Press | November 15, 2011 TORONTO - The Canadian dollar was sharply lower Tuesday as highly indebted European countries find themselves paying higher interest rates to sell their bonds and commodity prices fell. ... read more
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Charting Euro Macro, Yields and LIBOR Interest Rate Spreads

posted by Avatar freshmint 197 days ago in EUR made popular 197 days ago

As Eurozone banks rush into raising USD funding to alleviate the unfolding liquidity crunch, the cost of USD funding has risen further, thereby helping to stabilize USD. The cost of USD funding as measured by USD 3-month LIBOR surged 80% from the ... read more
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100 million tonnes in iron ore production possible by 2020

posted by Avatar freshmint 202 days ago in AUD made popular 202 days ago

In his welcoming remarks, new natural resources minister Mr Jerome Kennedy noted the industry's vast potential, pointing to this year's AUD 4.7 billion in mineral shipments, the highest on record. He said that "Nationally and internationally, ... read more
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NZD/USD Weekly Forecast Nov. 07-11, 2011, Fundamental Analysis

posted by Avatar freshmint 204 days ago in NZD

The NZD/USD pair dropped last week to its lowest level in three weeks, as the New Zealand fundamentals and the current EU crisis encouraged investors to abandon Kiwi. The New Zealand economy reported a drop in building permits index in September by ... read more
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Indian rupee may open higher against US Dollar: Edelweiss

posted by Avatar freshmint 205 days ago in USD, CHF

``Indian rupee is expected to open widely higher against the US dollar in a range between 0.50.8% from 49.14/15 last close yesterday, as growthsensitive currencies(AUD, CAD, CHF) and regional currencies have gained much more than the majors. ... read more
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Dollar mixed vs rivals in choppy trade

posted by Avatar freshmint 205 days ago in NZD made popular 205 days ago

Elsewhere, the greenback was higher against its Canadian, Australian and New Zealand counterparts, with USD/CAD climbing 0.25% to hit 1.0160, AUD/USD shedding 0.71% to hit 1.0272 and NZD/USD slumping 0.79% to hit 0.7852. In Australia, official data ... read more