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Euro zone inflation climbed again in April

posted by mateo 757 days ago in EUR, GDP, Inflation made popular 757 days ago

April's figure, if confirmed, would be the highest since December 2008. The euro zone inflation rate has risen almost continuously since last November as the area emerges from the worst recession since the 1930s.

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Euro Stages Slight Rebound in Overnight Trading

posted by mateo 758 days ago in EUR made popular 758 days ago

After falling to one year lows against several of its main currency rivals, the Euro was able to bounce back slightly last night. Following news that U.S. interest rates will likely remain at their current levels for the foreseeable future, the

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Euro Slides From 1-Week High on Concern Over Greece Aid Plan

posted by mateo 761 days ago in EUR

The euro retreated from the highest level in more than a week against the yen on concern a European Union-led 45 billion euro ($60 billion) aid package for Greece won’t stop the deficit crisis from spreading.

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USD Gains As Euro Hit By Greek Bailout Concerns

posted by mateo 761 days ago in USD, EUR made popular 761 days ago

The U.S. dollar advanced against the euro, sending the single currency back to an 11-month low, after comments from Germany's chancellor heightened uncertainties over the bailout of euro-zone member Greece.

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NZ dollar starts week strongly

posted by mateo 762 days ago in NZD, Inflation made popular 762 days ago

The New Zealand dollar started the week strongly and is expected to remain supported ahead of the Reserve Bank of New Zealand's (RBNZ) interest rate review on Thursday.

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UK house prices up 1.8 pct yy in April

posted by mateo 762 days ago in GBP, Housing made popular 762 days ago

House prices in England and Wales rose by an annual 1.8 percent in April, their fastest pace of increase since January 2008, property data company Hometrack said on Monday. But monthly house price growth slowed to 0.2 percent in April from 0.3 pe

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USD/CHF weekly outlook: April 26-30

posted by mateo 762 days ago in USD, CHF, Weekly made popular 762 days ago

The Swiss franc tumbled to a 7-week low against the US dollar last week, on signs that the US economic recovery was gaining pace and amid ...

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U.S. housing data spurs oil prices

posted by mateo 763 days ago in USD, Oil, Housing made popular 763 days ago

After languishing most of the week, crude oil prices galloped to the finish line on Friday, tacking on 1.7% and recouping most of last week’s losses as positive new-housing sale data spurred most markets forward.

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GBP/USD: In Focus This Morning

posted by mateo 766 days ago in USD, GBP

The heavy EUR/GBP selling this week appears to be making an impact on GBP/USD. The topside in GBP/USD this morning appears to be in play with stops the main driver. The first batch have been done above 1.5450 driving the pair to an intraday high

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Japan pins 10 trillion yen hope on tourism boost

posted by mateo 766 days ago in JPY, GDP made popular 766 days ago

As commissioner of the Japan Tourism Agency, Hiroshi Mizohata is tasked with figuring how to attract 30 million foreign visitors annually to Japan as a means to bolster the domestic economy.

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Sterling falls as polls show Lib Dem support jumps

posted by mateo 768 days ago in GBP made popular 768 days ago

Sterling fell sharply on Monday after opinion polls showed an increased chance of the May 6 election leaving no party with an overall majority as support for the Liberal Democrats, the third political force, surged.

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Cross Eyeing: Thinking Within the EURGBP Box - Trade Closed

posted by mateo 769 days ago in EUR, GBP, Daily made popular 769 days ago

Do'h. I guess I was a bit too late in playing the range. In hindsight, I should've realized that I was going for a fourth bounce... And remember, the more times support is tested, the more likely it would break. If I wanted to go long on the pair

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