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GBP/USD breaks above 1.5500
The rising GBP/USD has already breached above 1.5500 psychological level. Although the last UK data in 2011, Nationwide Housing Prices, decreased below expectations, the greenback is being sold in higher quantities against ...
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Australian Dollar Outlook - 21 December 2011
So all in all, our take on the AUD, given the lack of data to come, is that this rally is potentially short lived, given the concerns for the health of the global economy. Majors: As written above, resilient German business confidence made the news ...
4 votes
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NZD/USD Weekly Outlook: December 19 23
Earlier in the week, the Fed warned that market turbulence stemming from the crisis in the euro zone posed a threat to the US economy but stopped short of indicating further stimulus measures, sending the greenback broadly higher. ...
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US: North American Summary and Highlights 13 Dec
Equities started the day modestly firmer as Spanish and EFSF bill auctions sailed through, refusing to back down even after retail sales data underwhelmed. Stocks slipped precipitously after the Fed failed to deliver on the day's rumors of QE3, ...
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FX USD/JPY: EUR downside holds Friday, USD/JPY in stasis again
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 ...
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Dollar Edges Higher As EU Summit Optimism Wanes
By Forexpros on December 7, 2011 | More Posts By Forexpros | Author's Website Forexpros The US dollar edged higher against its major counterparts on Wednesday, as hopes that this week's critical European Union summit would yield a breakthrough on ...
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Tues Dec 7, Australia GDP better than expected
*The biggest move was when Australia GDP came out better than expected and AUD prices spiked to 1.0270-75 from 1.0230-35. *Bigger offers were not tested at 1.0295-00, where the 100 day MA resides. *Prices have tested the technical resistance 6 times in ...
29 votes
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USD/CAD down ahead of data
You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ...
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US wheat rises for 2nd day on exports; soy firm
Chicago Board of Trade March wheat rose 0.5 percent to $6.17 a bushel by 0313 GMT, while top quality spring wheat traded on the MGEX for March delivery was up 0.8 percent $8.38-3/4 a bushel. March delivery corn rose 0.3 percent to $6.03 per bushel and ...
28 votes
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Euro Daily Close Below 1.3480 Should Open Fresh Downside
GBP/USD: After stalling by the 200-Day SMA and a major double bottom objective over 1.6100, scope exists for a resumption of what we believe to be a broader downtrend. Look for a daily close back under 1.5875 to confirm and accelerate towards next key ...
25 votes
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Flash: AUD/USD, cloudy outlook on EZ woes - NAB
"The RBA board minutes today are unlikely to add anything significant given the central bank has published new growth and inflation forecasts." The views and opinions expressed herein are the views and opinions of the author and do not necessarily ...
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USD/JPY Sharply Lower In Afternoon US Trade
The yen generally strengthens during periods of economic instability, due to Japan's export-driven economy and its self-reliance in raising capital to balance current accounts. Meanwhile in the US, the University of Michigan reported Friday that its ...


