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AUD 30 million fund announced to help business in NSW Illawarra

posted by Avatar victoryismine 219 days ago in AUD

She said the fund, announced following the closure of one of BlueScope Steel's furnaces at its Port Kembla plant, would focus on the manufacturing industry and favor projects offering long term growth potential. She said that the move would help offset ... read more
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ForexLive US wrap: US economy surprises to the upside again

posted by Avatar victoryismine 225 days ago in USD made popular 225 days ago

By Jamie Coleman || October 14, 2011 at 20:33 GMT EUR/USD rallied after a minor head fake to the downside after the much stronger than expected US retail sales data. We dipped to 1.3790 just after the data but within about 30 minutes, ... read more
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Euro Rally To Taper Off, FOMC Minutes In Focus

posted by Avatar victoryismine 227 days ago in EUR

Speculation for lower borrowing costs certainly dampens the appeal of the single-currency, and the relief rally in the EUR/USD may taper off in the days ahead as interest rate expectations falter. As the EUR/USD works its way back towards the 61.8% ... read more
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Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, TRY

posted by Avatar victoryismine 228 days ago in all, EUR, Economic Indicators

This morning's UK Manufacturing Production data showed a monthly contraction of 0.3% in British manufacturing output between July and August, providing more bad news for the UK economy. If tomorrow's UK Jobless Claims Change figure provides further ... read more
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Euro Strengthens, U.S. Index Futures Climb as European Leaders Pledge Plan

posted by Avatar victoryismine 229 days ago in USD, EUR made popular 229 days ago

The Federal Reserve will release the minutes of its latest interest- rate setting meeting tomorrow. Data this week may show US retail sales increased in September at the fastest pace in six months, helping to ease concern the recovery is faltering. ... read more
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British Pound Sterling: Currency advances against a EUR hampered by the ECB

posted by Avatar victoryismine 233 days ago in EUR, AUD made popular 233 days ago

The pound euro exchange rate is 0.417% higher on the day with 1 GBP = 1.1712 EUR at 9 AM in London. The pound dollar exchange rate is 1.072% lower with 1 GBP = 1.5409 USD. The pound Australian dollar exchange rate is 1.488% higher with 1 GBP = 1.6344 ... read more
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Key Euribor rate highest in over a month, Dexia weighs

posted by Avatar victoryismine 235 days ago in EUR made popular 235 days ago

Key euro-priced bank-to-bank lending rates remained at the highest in over a month on Tuesday, as money market tensions outweighed an expected new wave of liquidity support from the European Central Bank and possible ... read more
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Obama Seeks Republicans Support to Pass the Jobs Bill

posted by Avatar victoryismine 238 days ago in USD, Economic Indicators

But Republican heads out of fear of being called as the opponents of reducing unemployment rate during economic slowdown, are saying some parts of the plan are considerable. Obama has anxiously asked from Republicans in the Congress to explain him the ... read more
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Today's Live Show: EUR and USD New Trading Week Outlook

posted by Avatar victoryismine 246 days ago in USD, EUR made popular 246 days ago

In the broadcast today: EUR and USD New Trading Week Outlook. With the Fed's decision in the rear view mirror, we turn our attention to the new trading week and explore the outlook for the EUR, the USD and other currency majors, we list the Top 10 ... read more
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Asia Review Euro falls after lack of progress in EcoFin meeting

posted by Avatar victoryismine 250 days ago in EUR, CHF made popular 250 days ago

The central bank intervened on September 6 and introduced a ceiling of 1.20CHF against the euro, resulting in the pair trading in a tight range since then. Gold opened the week up from Friday, continuing the ascent from the previous session's ... read more
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AUD/USD following equity markets lower

posted by Avatar victoryismine 251 days ago in AUD

USD/Asia continues to trade higher as foreign investors get out of the bond markets in particular. USD/KRW traded to 1121 after opening near 1114. All of this is having a negative impact on the AUD/USD, with a low at 1.0229 so far after closing in NY ... read more
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Singapore Dollar Will See Parity, Shayne Heffernan

posted by Avatar victoryismine 257 days ago in Economic Indicators

Singapore's GDP will increase 5% to 7% in 2011, from an earlier forecast for 4% to 6% growth, the trade ministry said in a statement today. The Singapore economy expanded 22.5% in the three months through March from the previous quarter, compared with ... read more