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Canadian April Factory Sales Increase 0.2% on Metals

posted by lilacstone 711 days ago in CAD, Metals, Manufacturing made popular 711 days ago

Canadian factory sales rose in April, the 8th increase in 10 months, on gains in primary metals, petroleum and coal, government figures showed.

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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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Red Hot China!

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

Last week, China's trade balance figures were accidentally leaked out. While this caused a ruckus in the markets, what was more surprising was that the report revealed that China's trade surplus for the month of May stood at 19.5 billion yuan, m

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Swissy extends gains vs. dollar, hitting 1-month high

posted by opentrades 711 days ago in USD, EUR, CHF made popular 711 days ago

The Swiss franc extended gains versus the U.S. dollar on Tuesday, hitting a 1-month high after Belgium and Spain sold government debt and Ireland issued bonds in auctions, quelling fears over the euro zone debt crisis.

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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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Euro Turmoil Sends Borrowers to Loonies

posted by fahrell 712 days ago in EUR, CAD, Trade made popular 712 days ago

A drop in the euro to near its lowest level in four years means Canadian dollars and Swiss francs are accounting for record shares of global bond sales as investors flee turmoil in Europe’s government debt market.

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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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Strong Beginning, Tepid Finish For The Euro

posted by jirachi 712 days ago in USD, EUR made popular 712 days ago

EUR/USD rallied to the low 1.2270s straight out of the gate this morning, before running into sellers from central banks. Price consolidated below that level until the 15:00 GMT fixing when the offers were absorbed and prices rallied as high as 1

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CAD backs off 4-wk high but finishes higher

posted by ezir 712 days ago in CAD made popular 712 days ago

The Canadian dollar backed off a four-week high but finished firmer against the U.S. currency on Monday, aided by stronger energy prices.

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Euro Rally Runs Out of Steam

posted by morgan 712 days ago in EUR made popular 712 days ago

U.S. dollar was lower across the board Monday, but recouped some of its losses after Moody's cut Greece's credit rating to Ba1 from A3.

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