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EUR/AUD approaching resistance at 1.3387

posted by Avatar Cittiperth 200 days ago in EUR

Euro value is strengthening versus the Australian dollar in Asia, as EUR/AUD has so far touched a session high of 1.3365 where the pair encountered resistance at the 20-day EMA, from its' 1.3300 opening price. ... read more
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Little movement on NZD ahead of Europe news

posted by Avatar Cittiperth 201 days ago in CHF, NZD made popular 201 days ago

... production for September fell 2.7% (0.9%m/m expected). This is the sharpest decline in industrial output since February 2009. The CHF was the worst performing currency over the past 24 hours, falling almost 1.9% to 0.9010 against the USD. ... read more
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Crude oil futures rise to 3-month high as markets eye Italy

posted by Avatar Cittiperth 201 days ago in Commodities made popular 201 days ago

French lender BNP Paribas said in a report earlier that the spread between the two contracts can widen again to USD 20 per barrel or above in the near term, as an already tight market copes with disruption in supplies from Libya and the North Sea. ... read more
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Fed Makes No Policy Changes Dollar Rises

posted by Avatar Cittiperth 206 days ago in USD made popular 206 days ago

The FOMC released its statement, and it contains no changes in policy: Operation Twist will continue as planned, and the conditional commitment to keep interest rates low up to mid 2013 remained in place. EUR/USD dropped before the release to 1.3775, ... read more
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Economic Data Sluggish, Greenback Buying Appearing

posted by Avatar Cittiperth 207 days ago in USD, EUR

The direction can be seen until the economy data is released. Resistance: 1.3900, support: 1.3700. GBPUSD: in the Euros zone the unemployment rate is worse than expected, and GBP corrected following Euros, but kept strong. Last week GBP appeared a last ... read more
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So what's UP or DOWN with the US dollar?

posted by Avatar Cittiperth 208 days ago in USD

The US dollar has dropped considerably since it broke 80 the first two days of October. Last week the December US Dollar Index opened at 76.600 and closed at 75.216. You can see the large drop the dollar had on Thursday, Oct. 27, which was caused by ... read more
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Cdn dollar opened at 100.37 cents US, down 0.45

posted by Avatar Cittiperth 208 days ago in USD, GBP made popular 208 days ago

TORONTO - The Canadian dollar opened at 100.37 cents US, down 0.45 of a cent from Friday's close. The US dollar stood at 99.63 cents Cdn, up 0.44 of a cent. Pound sterling was worth C$1.5956, down 0.42 of a cent and US$1.6015 down 1.13 cents. ... read more
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Trading Week Outlook: Oct. 31 - Nov. 4

posted by Avatar Cittiperth 209 days ago in Economic Indicators made popular 209 days ago

USD- US ADP-Automatic Data Processing Employment Report, a measure of jobs lost or added to the private sector of the economy, also serving as a leading indicator for the outcome of the monthly non-farm payrolls, Wed., Nov. 2, 8:15 am, ET. ... read more
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Hitor Group's Nano-Jet Manufacturing Moves to Germany

posted by Avatar Cittiperth 211 days ago in EUR made popular 211 days ago

This will allow directors of the Company already located in Germany to oversee the manufacturing of the customized Nano-Jet for the upcoming tests in Montreal, Quebec at the Cad Railway Industries Ltd. testing facility as previously announced on ... read more
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Major Relief Rally, Euro up 1.4200

posted by Avatar Cittiperth 211 days ago in EUR, AUD made popular 211 days ago

AUD/JPY broke above the key Y80 level is looking to extend gains as investors flood back into the risk trade. The Sterling (GBP) underperformed against the USD and on the crosses with traders wary at buying the beleaguered pound while they can express ... read more
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AUD/USD gives up 1.0200 as China GDP falls to lowest in 2 years

posted by Avatar Cittiperth 222 days ago in AUD, Economic Indicators

The Australian Dollar is trimming early gains after China showed its economic growth stands at a 2-year low. The Hang Seng index has also extended its slide to 3% after the lower-than-expected data. ... read more
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Dollar gains against euro as hopes fade for a plan to stem Europe's debt crisis

posted by Avatar Cittiperth 222 days ago in EUR, CHF

The British pound fell to $1.5777 from $1.5815. The dollar rose to 0.8977 Swiss franc from 0.8930 Swiss franc and to 1.0180 Canadian dollar from 1.0117 Canadian dollar. However, the dollar slipped to 76.76 Japanese yen from 77.22 Japanese yen. ... read more