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Nikkei likely to edge down; Google to support

posted by Avatar blitz 226 days ago in JPY made popular 226 days ago

----------------------MARKET SNAPSHOT @ 2331 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1203.66 -0.3% -3.590 USD/JPY 76.89 0.04% 0.030 10-YR US TSY YLD 2.1816 -- 0.000 SPOT GOLD 1666.39 0.01% 0.190 US CRUDE 84.19 -0.05% -0.040 DOW JONES ... read more
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Weekly Forex Summary on USD, Euro, GBP, JPY, AUD, CAD and MXN

posted by Avatar blitz 236 days ago in USD, EUR, JPY, GBP, CAD, AUD, Commodities, Economic Indicators

For the week ahead, investors will take note of both Canadian and US employment data due on Friday, but with global financial markets set to extend recent declines, the loonie will likely remain under pressure in the near term. ... read more
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Euro Slumps in 3rd Quarter as Crisis, Slow Economy Damp Demand

posted by Avatar blitz 239 days ago in EUR, JPY made popular 239 days ago

Any type of concern for the outlook of the global economy tends to lead investors to higher ground in the dollar and Japanese yen. The real dropped as the nation's central bank unexpectedly cut its benchmark interest rate on Aug. ... read more
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Sharemarkets still falling, AUD alongside

posted by Avatar blitz 247 days ago in AUD

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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Aussie on the bounce on RBA minutes

posted by Avatar blitz 250 days ago in AUD

AUD/USD is trimming its early losses after jumping quite remarkable from a 6-week low at 1.0145. The RBA official statement has encouraged buying momentum to send the rate at 1.0230 now, session high. ... read more
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Will Gold and Silver Move Lower Together?

posted by Avatar blitz 253 days ago in EUR, Commodities made popular 253 days ago

We discussed this on September 13th, in our essay on the US dollar and gold. To remind just a few points we made: () the situation in the USD Index is bullish this week and quite the opposite is true for the Euro Index. ( ... read more
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Asian stock market, economy and companies update (September 15, 2011)

posted by Avatar blitz 255 days ago in NZD

Private sector economists from Bank of New Zealand pushed back expectations for an RBNZ tightening to March of 2012 from December of this year after the RBNZ statement, while NZD sank 90 pips against USD to $0.8130 and by 80 pips to 1.2670 in AUD/NZD ... read more
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Dealing with capital flows

posted by Avatar blitz 256 days ago in Economic Indicators

Given the current trends in the world economy and the behaviour of international capital markets, efforts must be made to keep the CAD around the manageable level of 2.5 per cent of the GDP. This itself will mean a larger inflow of capital in absolute ... read more
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Gold, Silver and Crude Oil

posted by Avatar blitz 258 days ago in Commodities

On the session prices fell 1.6% to finish at 3.92 per MMBtu. It was a choppy session for the Gold price, which gained 0.2% to finish at 1859.50 oz. Despite numerous economic concerns, strength in the USD kept a lid on any potential move to the upside. read more
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Trading Week Outlook: September 12 - 16, 2011

posted by Avatar blitz 259 days ago in USD, EUR, GBP, CHF, NZD, Economic Indicators made popular 258 days ago

In preparation for the new trading week, here is the outlook for the Top 10 spotlight economic events that will move the markets around the globe. 1. GBP- UK CPI- Consumer Price Index, the main measure of inflation preferred by the Bank of England, ... read more
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Swiss Franc Cap Brings Little Solace to Indebted French Village Paying 16%

posted by Avatar blitz 262 days ago in CHF made popular 262 days ago

The town, most of whose 3600 inhabitants are retirees, restructured 3.6 million euros ($5.1 million) of debt in July 2007, using a formula that pegged its interest rate to the Swiss franc after being attracted by the currency's perceived stability. ... read more
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Euro Still Under Pressure Despite Supportive Intraday Developments

posted by Avatar blitz 262 days ago in EUR, Economic Indicators made popular 262 days ago

Still, we have a hard time digesting this logic and see the Australian Dollar at risk for further depreciation over the coming weeks and months. While GDP was indeed better than expected, the overall impression of the Australian economy in recent ... read more