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NZD slides vs pound on new UK government
The New Zealand dollar slid 1.4% against the pound after Gordon Brown stepped down as Prime Minister, and paved the way for a Conservative-led government for the world’s sixth largest economy.
8 votes
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Yen Falls Vs Euro as Recovery Signs Damp Demand for Safety
The yen weakened against the euro for a second day as signs the global economy is recovering damped demand for Japan’s currency as a refuge.
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EUR/USD Continues It’s Journey Lower
No respite for EUR/USD overnight, presently down at 1.2620 from a North American close Tuesday up around 1.2660. As we saw yesterday hedge funds continue to sell the beleaguered euro with some gusto on any appreciable rallies.
7 votes
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Gold Trades Near Record on Europe Debt Threat to Currencies
Gold traded near a record in Asia after surging to an all-time high yesterday on investor concern international financial support for indebted European states will depress currencies.
10 votes
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Trade In Nifty Future Intraday For Making Sure Profit
Over the years the Indian traders has realized that profiting in the nifty future trading is one of the best bet. However it is quite experienced that many day traders never make any success in nifty intraday trade. Learning few simplest techniqu
8 votes
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Speculators increase their US Dollar long futures positions
The latest COT data out on Friday showed that futures speculators have increased their long bets for the US dollar as of May 4th
10 votes
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USD and Yen Rally as Market Panic Forces Carry Unwind
What was it that caused any of the most volatile days for the world’s markets in across two decades? Did ongoing Greek riots break the final vestiges of optimism that the European Union could catch its way through its crisis? Did European banks s
6 votes
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Gold surges as investors hunt for safety
Gold surged to its highest level in five months this week as panicking investors pulled money out of risky assets and piled into the precious metal.
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30-year mortgage rate at lowest since March
U. S. mortgage rates fell to the lowest since March as investors stepped up buying the safest types of bonds, including Treasurys and debt tied to home loans.
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USD/JPY Gives Ground
USD/JPY has come under renewed pressure as European trade gets underway, back below 92.00, presently at 91.70. Sources note aggressive selling by a U.S, macro fund
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NZ dollar closes high
The New Zealand dollar consolidated at higher levels today after surging above US73c against the greenback for the first time in more than three months overnight on Friday.
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NZ dollar surges, then settles back
The New Zealand dollar briefly surged above US73c against the greenback for the first time in more than three months overnight on Friday.


