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British Pound Sterling: Currency picks up vs EUR, AUD while USD makes fresh ...

posted by Avatar busybee 261 days ago in EUR, AUD

The pound to euro exchange rate is 0.189% higher on the day with GBP to EUR at 1.1361. The pound to dollar exchange rate is 0.088% lower on the day with GBP USD at 1.5967. The pound to Australian dollar exchange rate is 0.063% higher with 1 GBP ... read more
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Dollar Advances Before Obama Unveils Growth Plans; Euro Declines

posted by Avatar busybee 262 days ago in EUR, AUD made popular 261 days ago

The jobless rate climbed to 5.3 percent, the highest since October 2010, from 5.1 percent in July. Australia's currency dropped to $1.0580 from $1.0662 yesterday. It fell 0.6 percent to 81.87 yen. The pound traded 0.2 percent from a nine-week low ... read more
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Asian markets decline on downbeat US employment

posted by Avatar busybee 265 days ago in USD, JPY made popular 265 days ago

USD/JPY rebound from 76.55 low on Friday as been capped at 76.95 on early Asian session, and the pair eased to day lows at 76.70 ahead of Frankfurt opening. EUR/JPY has extended losses, breaching 109.00, to trade at fresh 3-week lows around 108.50. ... read more
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Daily Forex Summary on USD, Euro, GBP, JPY, AUD, CAD and NZD

posted by Avatar busybee 268 days ago in NZD made popular 268 days ago

Sterling fell for a third consecutive day against both the USD and EUR after British house prices unexpectedly fell, strengthening the case for continued low interest rates and possibly another round of quantitative easing. The average price of a home ... read more
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Investors go for safe havens of US dollar, Swiss franc and Japanese yen

posted by Avatar busybee 274 days ago in JPY, CHF

However, the impact of the strengthening Yen against the dollar has investors wondering what the Bank of Japan's next move will be. The Japanese yen set record levels again last week against the US dollar and the Bank of Japan is watching the yen's ... read more
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Aussie dollar hurting F&P Appliances

posted by Avatar busybee 275 days ago in AUD made popular 275 days ago

The meteoric rise of the Australian dollar against the US dollar is a major reason Fisher & Paykel Appliances slashed earnings expectations to between $10 million and $20 million in the current financial year. That result compares with a $33.5 million ... read more
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Technical and Fundamental Analysis for August 22, 2011

posted by Avatar busybee 279 days ago in Analysis

The GBP/USD pair rose above the 1.65 area again on Friday, and fired off a lot of stops in that area. However, it should be noted that the area also produced a shooting star, and this could be a sign of selling to come at this point. ... read more
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NZ PPI input rises less-than-expected

posted by Avatar busybee 284 days ago in NZD made popular 284 days ago

Forexpros - New Zealand's producer price inflation input rose less-than-expected in the last quarter, official data showed on Tuesday. In a report, Statistics New Zealand said that NZ PPI input rose to a seasonally adjusted 0.9%, from 2.2% in the ... read more
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UPI NewsTrack Business

posted by Avatar busybee 285 days ago in Economic Indicators

Moody's Analytics said that is not fast enough growth to lower the unemployment rate, which is now 9.1 percent. Next year, the company predicts, the GDP should grow 3 percent, which is about the pace required to keep the US unemployment rate stable. ... read more
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WINLAND ELEC USD : Winland Reports Q2 2011 Earnings and Revenue

posted by Avatar busybee 289 days ago in USD made popular 289 days ago

Products including EnviroAlert, WaterBug, TempAlert, Vehicle Alert and more are designed in-house to monitor critical conditions for industries including health/medical, grocery/food service, commercial/industrial, as well as agriculture and ... read more
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Review US credit rating downgrade sends gold, Swiss franc to new records

posted by Avatar busybee 293 days ago in CHF, Commodities

Today's disappointing data on Australian job advertisement numbers falling did not help the AUD. Gold jumped to new record highs after the disappointing news of the US credit rating downgrade, and opened Asia at $1685.50, over $20 up from Friday's ... read more
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Trading Week Outlook: Aug. 8 - Aug. 12

posted by Avatar busybee 294 days ago in Economic Indicators

In other words, QE3 might rear its ugly head, after all, and we all know what QE1 and QE2 meant for the US dollar 4. GBP- Bank of England Inflation Report, the central bank's official assessment on current inflationary pressures and outlook on future ... read more