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EUR/USD Daily Review 15 Jun 10

posted by thegeekknows 711 days ago in USD, EUR, Daily made popular 711 days ago

EUR/USD remains intact.

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Gold Surges to Key Level; Technical Breach May Follow

posted by ForexPlaybook 711 days ago in USD, Technical, Gold made popular 711 days ago

Gold is trading higher at midday today, though the precious metal remains just shy of a key technical breach that would signal further upside ahead.

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Euro rises on solid debt auctions, risk appetite

posted by Rex 711 days ago in EUR, Fundamental made popular 711 days ago

The euro rose on Tuesday as solid demand at European debt auctions soothed worries about the debt crisis, prompting investors to cover short positions in the single currency on increased risk appetite.

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Homebuilder Confidence Plummets in June

posted by ForexPlaybook 711 days ago in USD, Fundamental, Housing made popular 711 days ago

Confidence among US homebuilders plummeted in June, following the April 30 expiration of the homebuyer tax credits.

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Like kissing your sister ...

posted by pipSyGirl 711 days ago in Special made popular 711 days ago

I heard about the World Cup opener between South Africa and Mexico and have seen two other “matches” since; all three have resulted in ties. Both Jack and my father-in-law respond the same way – it’s like kissing your sister.

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NZ Dollar Trading Slightly Higher but Being in Tight Range

posted by Leonell 711 days ago in NZD made popular 711 days ago

The New Zealand dollar was dealing somewhat higher late on Tuesday; however, was off highs reached during the night and spent a majority of the session in a tight range.

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Palm Oil Falls on Supply Concerns as Data for Demand Drop

posted by Lanen 711 days ago in Agriculture, Trade made popular 711 days ago

Palm oil futures declined on concern that supplies may increase in the coming months while a set of export data indicated a possible drop in demand from China, the biggest user of edible oils.

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EUR Commentary for the week of 06/11/2010

posted by kimclaud 711 days ago in EUR, Fundamental, Weekly made popular 711 days ago

Reduced anxieties over the European debt crisis and new measures by the ECB to provide the banks with low fixed rate and unlimited financing through September helped the EUR rebound against the USD in the week with the single currency finishing u

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USD slips against euro as economic hopes rise

posted by camac 712 days ago in USD, EUR

The dollar slipped against the euro Monday as renewed confidence in the global economic recovery lured investors away from the relative safety of the US currency.

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Crude oil prices rise above 75 dollars a barrel

posted by japock 712 days ago in USD, Oil made popular 712 days ago

Oil prices rose above $75 a barrel Monday as rallying stock markets and a stronger euro bolstered investor confidence. A weaker dollar and a stronger euro also helped oil prices. Since crude is priced in dollars it becomes cheaper to investors ho

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Gold ends lower, bounces slightly after Greece cut

posted by alfred 712 days ago in EUR, Gold made popular 712 days ago

Investors were quick to snap up gold futures after ratings agency Moody's cut Greece's debt four notches to Ba1, but not enough to rescue gold from settling lower Monday. Gold for August delivery was off $5.70, or 0.5%, to $1,224.50, after postin

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USD Falls By Most In Three Weeks Versus Euro

posted by camac 712 days ago in USD, EUR

The U.S. dollar dropped by the most in three weeks against the euro on Monday as renewed investor appetite for equities and other assets undercut safe-haven demand for the greenback.

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