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Aussie, Kiwi Dollars Erase Gains on Slowdown Signs, Before Policy Meeting

posted by Avatar xjessicax 173 days ago in AUD, NZD

By Mariko Ishikawa - Mon Dec 05 06:06:56 GMT 2011 Australia's dollar erased gains amid speculation the Reserve Bank will cut interest rates at a policy meeting tomorrow as Europe's debt crisis threatens global growth. New Zealand's dollar fell against ... read more
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EUR/GBP above 0.8600

posted by Avatar xjessicax 179 days ago in EUR, Economic Indicators

UK Nationwide Housing Prices in November (MoM) was of 0.4%, above unchanging expectations. The YoY data was of 1.6%, again above expectations, at 1.3%, and above the previous 0.8%. At the moment of writing, the EUR/GBP is quoting at 0.8605. ... read more
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US stock market, economy and companies update (November 23, 2011)

posted by Avatar xjessicax 185 days ago in USD, AUD

EUR/USD continues to hover just above its six-week channel support line (now at the 1.3370 level) while rising risk aversion weighted upon the commodity-related pairs as the CAD and AUD weakened to fresh 6-week lows against the greenback. ... read more
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USD/CAD up in U.S. trade

posted by Avatar xjessicax 185 days ago in CAD, Economic Indicators made popular 185 days ago

Forexpros - The US Dollar was higher against the Canadian Dollar on Wednesday after the release of US data on Initial Jobless Claims. USD/CAD was trading at 1.0478, up 0.92% at time of writing. The pair was likely to find support at 1.0200, ... read more
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USD/CAD Outlook November 21-25

posted by Avatar xjessicax 189 days ago in CAD

The Canadian dollar retreated against the soaring US dollar. Retail sales figures are the highlight of this week. Here's an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Last week, manufacturing sales jumped ... read more
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EUR/GBP Hits 3-day High As EZ Fears Ease

posted by Avatar xjessicax 205 days ago in EUR made popular 205 days ago

EUR/GBP pulled back from 0.8596, the daily low to hit 0.8596 during European morning trade, rising 0.10%. The pair was likely to find support at 0.8577, the low of September 30 and resistance at 0.8685, the high of September 13. ... read more
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Obama Administration Agrees to Romney's Request of "Green" Auto Loan Review

posted by Avatar xjessicax 208 days ago in Economic Indicators

Chrysler Group LLC is currently waiting for word on whether its $3.5B USD loan request was approved as part of the $25B USD Advanced Technology Vehicle Manufacturing Program. Chrysler is currently awaiting the verdict on its request $3.9B USD in ... read more
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Aussie (AUD) Down On Low Inflation Data!

posted by Avatar xjessicax 213 days ago in AUD, Economic Indicators made popular 213 days ago

By Mike Conlon, ForexNews.com on Oct 26, 2011 01:58:29 GMT The Australian Dollar (AUD) has pulled back from yesterday's highs just below 1.05 vs. USD after CPI data came in lower than expected showing that inflation may be tame. ... read more
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The NZD lost 0.3 percent against the USD

posted by Avatar xjessicax 222 days ago in EUR, NZD

The risk of a recession would rose dramatically if the Europeans fail to find a solution. Furthermore, Europe may have a plan to write down Greek bonds by as much as 50 percent. As a result, the EUR held its biggest weekly gain in more than two years ... read more
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Global Trade Balance Data on Tap

posted by Avatar xjessicax 226 days ago in GBP, Economic Indicators made popular 226 days ago

The Great Britain pound (GBP) is expected to be seen trading with bullish results this week ahead of a slew of reports on the country's manufacturing, housing, and service sectors. Against the US dollar (USD) the pound has actually been trending ... read more
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Return of AUD to Near Parity Cuts Prospect for Interest Rate Reduction

posted by Avatar xjessicax 229 days ago in NZD, Economic Indicators

Economists, though, are growing more confident that the Reserve Bank of Australia (RBA) will cut interest rates on Melbourne Cup Day to prevent the economy from stalling and joblessness from increasing. The Australia and New Zealand Banking Group (ANZ) ... read more
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Fresh new spreads at RTFX

posted by Avatar xjessicax 236 days ago in EUR

... been playing on the Forex market and to the commitment of its top-rated bank counterparties. We take this opportunity to offer investors the "Gold" conditions starting from 10'000 Euros, allowing them to get a spread of only 1.8 pips on the EUR/USD. read more