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Oil prices slide, gold and silver fall
Oil prices slid on Wednesday as the dollar jumped against the euro on heightened fears about a debt crisis engulfing Greece and Portugal.
7 votes
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Euro falls as leaders spar over assistance to Greece
The euro posted its biggest five-day drop against the US dollar since January as EU leaders sparred over financial assistance to Greece before a summit meeting next week, damping appetite for the currency.
26 votes
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Gold futures fall to $1,107/oz on strong dollar
A strong dollar sent gold reeling, with prices stumbling nearly 2% in the largest one-day sell-off in more than a month.
4 votes
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Oil price falls as dollar strengthens
World oil prices lost ground on Thursday as dealers took their cue from the strengthening US currency, analysts said.
2 votes
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Australian dollar closes lower
The Australian dollar closed lower after a poor session on global and domestic stock markets. At 1700 AEDT, the Australian dollar was at $US0.9143/45, down from Friday's close of $US0.9158/61.
6 votes
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Oil prices end week lower
Oil prices ended the week lower following mixed economic reports that kept investors on edge about the outlook for improving energy demand.
13 votes
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NZ Retail Sales,House Data Suggest Rates to Remain Unchanged
New Zealand core retail sales rose at half the pace estimated by economists and the time taken to sell a house increased to an 11-month high, suggesting the central bank may wait before boosting interest rates.
10 votes
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Oil dips as Opec quota holds
Falling fuel inventories in the United States and the first few weekly gains in total demand in one-and-a-half years have bolstered the view that the market will absorb ample supplies from Opec as Chinese imports soar.
6 votes
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Housing boom & meltdown– Is tax credit helping the meltdown?
During the housing boom, I lived in California and working in a software company. I wondered how people who have similar incomes, as I could afford a half-million dollar home but I never studied.
5 votes
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Japan Jan current account balance +899.8 bln yen
Japan's current account surplus came to 899.8 billion yen ($9.97 billion) in January, Ministry of Finance data showed on Monday, thanks to steady improvements in exports led by demand from China.
11 votes
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Oil price rises, bringing gas prices with it
Oil prices ended the week on a high note as fewer workers than expected lost their jobs in February, a signal that the slow-healing employment market may soon boost demand for energy.
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Important Components Of Forex Strategies
Before, the forex market was limited only to long-term investors, banks and people who have greater capitals. The trading occurs via an agent or voice broker who will inform clients on what is going on. Later on, it was been replaced by a compute


