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Euro touches 1-month lows as Italian debt woes mount

posted by Avatar ChocoFudgeCake 198 days ago in USD, EUR, JPY, CHF, CAD made popular 198 days ago

[ID:nL6E7M967D] The question of the future of the euro zone -- and the euro itself -- has a tangible numerical dimension to it as well, with some $200 trillion of over-the-counter forex and interest rate derivatives written in euros and as much as 14.3 ... read more
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USD Heavily Overbought, Aussie To Benefit From Higher Employment

posted by Avatar ChocoFudgeCake 199 days ago in USD, EUR, AUD

As the USD continues to trade below the 50.0 percent Fibonacci retracement around 9828, the near-term rally may be coming to an end, but risk trends should continue to dictate price action for the major currencies as the economic docket remains fairly ... read more
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Euro Fundamentals Deteriorate Further, Sterling To Face BoE

posted by Avatar ChocoFudgeCake 199 days ago in EUR made popular 199 days ago

In turn, the GBP/USD may face range-bound price action over the near-term, but the BoE's quarterly inflation report on November 16 is likely to heavily influence the sterling as market participants weigh the outlook for future policy. ... read more
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Better Unemployment Rate Fails to Stoke Risk Pairs

posted by Avatar ChocoFudgeCake 204 days ago in AUD, Economic Indicators made popular 204 days ago

EUR/USD and AUD/USD have largely been driven higher by Quantitative Easing from the Fed, or expectations thereof, but true fundamentals are telling a different story. Even with a better unemployment rate EUR/USD failed to rally with other risk assets. ... read more
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Japan's unemployment rate falls unexpectedly

posted by Avatar ChocoFudgeCake 212 days ago in JPY

A higher than expected reading should be taken as negative/bearish for the JPY, while a lower than expected reading should be taken as positive/bullish for the JPY. Forexpros offers a diverse set of professional tools for Forex, Futures and CFDs. ... read more
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Determined and Undaunted

posted by Avatar ChocoFudgeCake 215 days ago in JPY

USD/JPY: Talk of stops and exotic options being triggered sent USD down to post war (the big ONE.... WWII) lows at 75.82. Overall positive tone and tenor for markets pushed down on the DXY forcing it below its 50-dma at 76.39. ... read more
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EUR/USD pushing higher again, approaches 1.3900

posted by Avatar ChocoFudgeCake 222 days ago in EUR made popular 222 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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ENERGY INTO EFFICIENT LIVING THROUGH THE YIT eTALO CONCEPT

posted by Avatar ChocoFudgeCake 227 days ago in EUR

We build, develop and maintain high-quality living environments in the Nordic countries, Central Europe, Russia and the Baltic countries. In 2010, YIT's turnover was EUR 3.8 billion. The corporation has over 26000 employees. ... read more
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Rally Stalls, US-China Trade War?

posted by Avatar ChocoFudgeCake 228 days ago in Commentary, Commodities made popular 228 days ago

The passing of a China Currency bill in the US could provoke a trade war with China though would be very negative for the AUD/USD. Oil & Gold (XAU) topped out above $1680 and found some heavy profit taking in the US session down to $1660. ... read more
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Never Underestimate The American Consumer

posted by Avatar ChocoFudgeCake 230 days ago in all, USD, EUR, Economic Indicators made popular 230 days ago

Auto sales were solid. The ADP private payrolls was much better than expected. Yesterday's new unemployment claims number was in line. But perhaps the best numbers yet were yesterday's retail sales data for September. The International Council of ... read more
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Kuwait crude price above USD 100 pb mark in...

posted by Avatar ChocoFudgeCake 238 days ago in USD made popular 238 days ago

The report, issued by Al-Shall Economic Consultants, said that the average Kuwaiti oil price for most of September scored about USD 104.2 per barrel, with a slight decrease by about USD 0.3 per barrel over August average of USD 104.5 per barrel. ... read more
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New Zealand sovereign rating cut by S&P and Fitch

posted by Avatar ChocoFudgeCake 240 days ago in CAD, NZD

USD/JPY extended its decline below the US session low of 76.60. USD/CAD tested the C$1.04 handle a fresh 1-year high. Spot gold tested $1640, up over $20/oz for the session. PBoC again set a fresh new yuan high since the July 2005 revaluation at ... read more