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Banks reviewing rates
Mortgage rates are in a holding patterning following yesterday's OCR announcement, with none of the big banks committing to a move in rates today.
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Euro likely to hit dollar parity in 2011
The euro is set to sink to parity with the dollar in 2011 because of the slow pace of economic recovery in Europe, if it has not broken up by then, a consultancy predicted. In a quarterly report, the London-based Centre for Economics and Business
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Ringgit Likely To Weaken Against Greenback Next Week
The ringgit is likely to weaken against the US dollar again next week following the recovery of the greenback as investors resume dollar buying, dealers said.
14 votes
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Greece Debt Crisis Increased, Euro Declining
Last week, EU and IMF jointly launched out acid plan reaching 750 billion with a purpose to keep stable of Euro. While this [rubber check” with quite large of fund can only relief worries of investors for a short time, which can hardly handle ser
9 votes
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Markets exaggerating Eurozone risks
Financial markets are exaggerating the risks to the Eurozone, which is on an economic recovery path, and to the single currency, European Central Bank policymakers said on Friday.
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Manufacturing Output Posts Surprise Fall In Apr
Manufacturing output fell unexpectedly in April following strong growth in the previous two months, according to figures released by National Statistics Friday.
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Are you looking for digital ear thermometer?
These simple and effective devices are for measuring the temperature of a person by inserting a specially designed thermometer into the ear canal call...
11 votes
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EUR enjoys improvement in global investor sentiment
Yesterday, the euro moved further away from the lows. This move was in step with a rebound of most other riskier assets. EUR/USD is nearing the first important resistance at 1.2150.
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Currency Crosses Pairs Analysis
Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area.Intraday: still above 0.8210/00 support, any rebound from here should be taken as an opportunity to short the pair. Watch for a break below 0.8200
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EUR/USD Spiked after Positive News in China and Europe
It appears a violent breach of the lower border on the daily chart’s Bollinger Bands has recently occurred, signaling that there is upward pressure on this pair. Supporting this notion is an imminent bullish cross on the daily chart’s Slow Stocha
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Euro Near One-Week High as Concern at Europe Debt Crisis Eas
The euro traded near a one-week high against the dollar and the yen as concern waned that Europe’s debt crisis will derail global growth.
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Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)
EURUSD closed @ 12125 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 3 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak and


