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Eurozone expansion moves underway as inflation ticks up

posted by jonell 771 days ago in EUR, Yearly, Inflation made popular 771 days ago

Annual inflation in the 16-member eurozone came in at a less-than-forecast 1.4 per cent in March, figures released Friday showed, as Europe prepares to consider expanding the currency bloc again.

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Gold futures decline as dollar strength damps demand

posted by jonell 772 days ago in USD, Gold made popular 772 days ago

Gold futures dropped on Thursday, as the U.S. dollar's strength damped the appeal of the precious metal as an alternative investment.

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US Dollar Drops on Rate Cut

posted by jonell 776 days ago in USD, GDP made popular 776 days ago

The dollar fell versus the euro and pound after the Federal Reserve reduced its discount lending rate to prevent credit market losses from slowing the economy.

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US economic recovery is likely to be short-lived

posted by jonell 778 days ago in USD made popular 778 days ago

The US recovery is accelerating to escape velocity. In comparison with other major industrialised economies, the US has the Wright Stuff.

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BCB continues to keep interest rates at record-low

posted by jonell 779 days ago in GBP, Inflation made popular 779 days ago

The Bank of England, Britain's central bank, decided Thursday to hold short-term interest rates at their record low and maintained the size of the Asset Purchase Programme at 200 billion pounds.

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NZ dollar holds gains, looks for new impetus

posted by jonell 780 days ago in NZD, Trade

The New Zealand dollar remained well supported on Thursday after a solid jump in dairy prices and held near a two-week high against the euro on renewed worries about Greece's debt woes.

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Eurozone retail sales decline slows

posted by jonell 782 days ago in EUR, Retail Sales

New PMI data shows that March saw a further monthly decline in retail sales in the Euro single currency area. But the rate of contraction eased since February, as signalled by a rise in Markit's latest seasonally-adjusted Eurozone Retail PMI to 4

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Weekend Discussion: USD/JPY Set Up, Pattern, and Pip Range

posted by jonell 785 days ago in USD, JPY, Weekly made popular 785 days ago

I've got two short videos to share here with you...I thought it would be great weekend "in your robe" seminar. I like to break down the ideas and analysis behind my trades whenever I can so you can see how and why I choose to take a set up.This i

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China c.bank says USD may rebound in 2010

posted by jonell 786 days ago in USD, Oil made popular 785 days ago

China's central bank said on Friday that it expected the dollar to stage a rebound in 2010 and expected modest rises in global oil prices.
In a lengthy report on the global financial markets, the People's Bank of China said it would continue to

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USD Heads for Biggest Quarterly Gain Against Euro

posted by jonell 791 days ago in USD, EUR made popular 791 days ago

The dollar rose, poised for the biggest quarterly gain versus the euro since 2008, as European leaders’ struggle to forge a plan to bail out Greece pushed investors toward the perceived safety of the greenback.

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Pressure on Euro Continues to Build

posted by jonell 792 days ago in EUR made popular 792 days ago

Late session comments from European Central Bank President Jean-Claude Trichet turned the Euro negative on Thursday. Trichet said that the International Monetary Fund shouldn’t take the responsibility of supporting weaker Euro Region nations away

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Foreign Exchange Australian Dollar News

posted by jonell 793 days ago in AUD made popular 793 days ago

The Aussie dollar remains in high demand, hitting record highs against the Euro today, and also trading towards the recent highs against sterling.

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