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EUR/USD Daily Review 14 Jun 10
EURO flies high!
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EUR/USD Pushes Higher as Risk Bets Surge
Investors are betting on a sustained surge for riskier assets, pushing the EUR/USD to its highest level since June 3.
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Oil rises 2 percent to top $75 on recovery optimism
Oil prices rallied by 2 percent to above $75 a barrel on Monday as renewed optimism about the global recovery boosted the fuel demand outlook and sent Asian and European stock markets to their highest level in four weeks.
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Risk Appetite Drives Dollar and Yen Further Lower
Risk appetite continues to drive financial markets today. Dollar and yen extends last week fall against other major currencies as European stocks strengthen. Dollar index dips to as low as 86.46 so far, and is set to take out 86 level sooner or l
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Strategists Advocate Gold Price Exposure
The gold price moved lower Monday morning, falling $5.00 to $1,221.75, as investors and traders regained their appetite for risk. While the gold price softened, cyclical commodities such as oil and copper rose and stocks moved higher.
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Cover-It-Live (6/14) – Monday Look Ahead and Q&A
Fundamental data will be relatively quiet to start next week. The fundamental docket picks up on Tuesday when we get data on German economic sentiment for June and on Wednesday when we get reports on the US manufacturing sector. Wednesday will al
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Oil ends down after U.S., China data disappoint
U.S. oil prices fell more than 2 percent on Friday as an unexpected fall in May retail sales in the United States and easing industrial output in China revived concerns about the economy and oil demand.
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Gold to Rise?
So with the credit crunch and economic slump still with us, oil still sliding (and giving confusing pricing signals) what will gold do this year? The inflation bears look at all the government debt and say, it’s good news for us, even though pric
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Top fund veteran's take on euro woes
Europe once offered relative safety to investors with an international appetite. Lately, however, the seemingly familiar terrain has become shaky ground. Emerging markets in South America and Asia seem stable by comparison.
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EURUSD: Risk Opens Up Towards 1.2353/1.2771.
EURUSD saw a respite the past week halting its strong medium term declines and triggering a recovery higher to close the week at 1.2110.
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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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Live Trade – Crude Oil vs Dollar- Weakness at the Open!!
In this mornings live trading session we saw an ultra high volume up bar as news about BP closing the Georgia pipeline became public, and Oil surged to $115.95 before falling back to below $113.00 in 2 hours of live trading.


