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Australian And New Zealand Dollars Plunge On Renewed Greek Worries

posted by Avatar WiredDeal 4 days ago in USD, JPY, GBP, AUD made popular 3 days ago

The Australian dollar slipped to 2-day lows of 77.87 against the yen and 1.2990 against the euro, compared to yesterday's close of 78.43 and 1.2941, respectively. If the aussie weakens further, it may likely target 77.6 against the yen and 1.304 ... read more
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Thailand - Market factors to watch - May 23

posted by Avatar chocolatmousse 4 days ago in all

Thai stocks are expected to fall further on Wednesday as investors continue to worry about the euro zone economy and foreign selling puts pressure on the market. On Tuesday, the SET index fell 0.32 percent to 1131.52, ... read more
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US corn claws back part of 5 pct tumble

posted by Avatar butterscotch 4 days ago in USD, EUR, AUD, Commodities made popular 4 days ago

US Agriculture Department report released late Monday showed farmers were almost done with spring planting and that the corn crop was in good shape, which added a bearish tone over the markets. * USDA said on Monday afternoon that planting accelerated ... read more
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Singapore Stocks-May fall; China Animal, Swee Hong eyed

posted by Avatar yosoybeloved 4 days ago in all made popular 4 days ago

----------------------MARKET SNAPSHOT @ 0029 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1316.63 0.05% 0.640 USD/JPY 80.02 0.08% 0.060 10-YR US TSY YLD 1.7637 -- -0.014 SPOT GOLD 1563.39 -0.29% -4.510 US CRUDE 91.38 -0.51% -0.480 DOW JONES ... read more
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Forex Outlook 05/23/2012

posted by Avatar fxmylife 4 days ago in USD, Fundamental, Daily made popular 4 days ago

It is big events for forex market May 23, 2012 read more
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NZD driven by global risk sentiment

posted by Avatar strawberry 4 days ago in NZD made popular 4 days ago

Expect to see the NZD continue to make inroads to the downside. Short term, US73c is on the horizon as falling international commodity prices and softer inflation will throw fuel and act as a catalyst to already waning demand. read more
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Oil Min says 'immediate' need to hike fuel prices

posted by Avatar Gimmy 4 days ago in Commodities made popular 4 days ago

This despite oil price rising by 14 per cent and 7 per cent fall in value of rupee against the US dollar. Price of diesel, kerosene and cooking gas were raised in June last year. "If rupee depreciates by one against the US dollar, our oil companies ... read more
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India Inc offers ideas to put India on growth track

posted by Avatar PipWatCher 4 days ago in Economic Indicators made popular 4 days ago

Every parameter is looking bad- whether it's food inflation back in double digits, the rupee breaching the psychological level of 55, the GDP which all non-government agencies now seem to peg between 6-7% for FY13, the fiscal deficit, ... read more
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S&P 500 Shows Risk Recovery; Resistance at 1334.60 and 1354

posted by Avatar FXTimes 4 days ago in Technical, Daily made popular 4 days ago

The 1295-1300 area was seen as a possible support for S&P 500 futures. In the 4H chart we see the break lower, but still find support. IT should also be noted that we were in an extended bullish divergence, which is now resolved as risk is recove read more
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Yen Slides as Fitch Downgrades Japan

posted by Avatar commodityblog 4 days ago in USD, JPY, Fundamental made popular 4 days ago

The Japanese yen fell today as Fitch Ratings downgraded Japan’s sovereign credit rating because country’s actions to reduce public huge public debt are too slow. read more
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USD/CAD Forecast May 22, 2012, Technical Analysis

posted by Avatar FXEmpire 5 days ago in USD, CAD, Technical made popular 4 days ago

The USD/CAD pair fell on the session for Monday and the action was very weak. This pair has recently broken out to the upside recently, and the 1.01 level now should be supportive all the way down to the parity area. The oil markets have been get read more
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Gold Fundamental Analysis May 22, 2012, Forecast

posted by Avatar FXEmpire 5 days ago in Fundamental, Daily, Gold made popular 4 days ago

Analysis and Recommendations:

Gold is trading at 1591.55 down 0.35. Gold moderately gained and but could not break the 1600 price and fell back to the 1590 range.. The Euro rose against the dollar from its lowest levels since January after tra read more