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Yen Advances Versus Most Peers as Europe Dents Growth Outlook

posted by Avatar Lacy 198 days ago in EUR made popular 198 days ago

Bond investors charged the nation an interest rate of 6.087 percent yesterday to buy 5 billion euros of one-year bills, the highest in 14 years. Italy's Senate will vote on debt- reduction measures today in an attempt to shore up investor confidence ... read more
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Canada's Dollar Rises From 4-Week Low on Surprise Trade Surplus

posted by Avatar Lacy 198 days ago in Economic Indicators made popular 198 days ago

The Canadian dollar's been having a pretty good session, said Jeremy Stretch, executive director of currency strategy at Canadian Imperial Bank of Commerce in London, in a telephone interview. The trade data north and south of the border have been ... read more
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EUR/USD steady between 1.3725 and 1.3800

posted by Avatar Lacy 200 days ago in EUR made popular 200 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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Japan Buying Most Rand Debt in 2 Years as Real Lures Funds

posted by Avatar Lacy 205 days ago in JPY made popular 204 days ago

They still had $10 trillion in yen-denominated cash deposits in 2010, according to Nomura. Japanese retail investors have lived in a low interest- rate environment for over 15 years and are looking for yield on their investment, said Joakim Holmstrom ... read more
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NZD/USD rangebound in Asia

posted by Avatar Lacy 207 days ago in NZD made popular 207 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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Good morning Emerging Europe/Africa

posted by Avatar Lacy 213 days ago in EUR, NZD

The headline number might have come in as expected, but core inflation was significantly lower than expected and AUD saw a quick selloff to sub 1.0400 levels, from 1.0430. Prices eventually found some support at 1.0360. NZD shrugged off poor business ... read more
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Asia Open -Overnight Highlights

posted by Avatar Lacy 214 days ago in EUR made popular 214 days ago

USD/JPY dropped to new all time lows of 75.73 as JPY rallied across the board as a safe haven. Unease out of Europe and downside in equities caused a retrenchment in risk appetite that boosted JPY even despite ongoing threat of official intervention to ... read more
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NZ Dollar Weakens as Data Shows Slower Inflation Before RBNZ

posted by Avatar Lacy 215 days ago in NZD

The so-called kiwi snapped a three-day advance against its US counterpart on speculation the Reserve Bank of New Zealand will signal this week a willingness to keep its benchmark interest rate at record low for longer. Australian dollar trimmed gains ... read more
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Rate hike tomorrow as inflation remains high, RBI says

posted by Avatar Lacy 215 days ago in CAD

On the current account deficit (CAD), which widened in first quarter of the fiscal, despite a surge in exports and higher net invisibles receipts, the RBI said "invisible earnings may also decelerate as slowdown in US and euro area could impact ... read more
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Pound steady after BoE minutes

posted by Avatar Lacy 220 days ago in JPY, GBP made popular 220 days ago

GBP/USD is trading around 1.5745, half way through the day's trading range, 1.5700/1.5780, while the GBP/JPY remains immediately below day high, at 121.15, and EUR/GBP ticked up to a fresh day high at 0.8790. Make significant savings on your ... read more
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USD/CHF retreats from 1-week high, dips below 0.9000

posted by Avatar Lacy 221 days ago in CHF made popular 221 days ago

The Dollar lost momentum during the American session and pared gains versus most competitors as the US stocks regained the upside. USD/CHF was rejected from the 0.9045 area where it set a 1-week high during the NY session, ... read more
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Euro rally runs into resistance

posted by Avatar Lacy 221 days ago in USD, EUR made popular 221 days ago

We keep an eye on the speech of Mr. Bernanke on 'The effects of the Great Recession on Central Bank doctrine and Practice' as it can give us some insight in the Fed's theoretical framework. This has also implications for the LT fate of the dollar. ... read more