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US Dollar Index off session highs
... EUR -0.06%, GBP -0.04%, NZD +0.37%, CAD -0.06% CHF +0.04% and JPY +0.32%. Wall St. is up 0.86% at 12437 pts. and S&P500 is advancing 1.03% at 1303 pts. WTI is gaining 1.30% at $92.38/bbl and Gold is up 0.19% at $1594/oz Trading foreign exchange on ...
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Indian rupee breaks below 55/US dollar to record low
Also weighing on the rupee was dollar demand from oil firms and corporates, dealers said. Although profit-taking in the USD/INR cross could temper the pace of falls in the local unit in the near-term, the outlook for the rupee still remains very weak ...
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Euro Struggles in Forex Trading
Once again, the euro is struggling in Forex trading. It isn’t much of a surprise, really, since the eurozone is still operating in debt crisis mode.
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Malaysia-Market factors to watch May 21
... USD/JPY 79.13 -0.04% -0.030 10-YR US TSY YLD 1.7363 -- 0.014 SPOT GOLD 1596.63 0.29% 4.630 US CRUDE 91.53 0.05% 0.050 DOW JONES 12369.38 -0.59% -73.11 ASIA ADRS 112.78 -1.51% -1.73 ------------------------------------------------------------- * For ...
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Weekly Technical Strategist: GBPJPY
GBPJPY – With the cross violating its key support located at 127.08 level to close lower the past week, further declines are expected in the new week.
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Azad opposes transfer of Centaur Hotel to Govt
CAD/PER/1021/320 dated 02.05.2012 written by the J&K government to the Hotel Corporation of India, in which the state government has clearly stated that it 'can outsource the work in the hotel'. After giving a patient hearing to the delegation the ...
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Oil sanctions on Iran will push crude prices to $160: Iran Finance Minister
Iran's Minister of Economic Affairs and Finance Shamseddin Hosseini says if EU sanctions against the Islamic Republic take effect, oil prices will soar to as high as USD 160 per barrel. In an interview with CNN, Hosseini said Iran has endured sanctions ...
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USD/CAD weekly outlook: May 21 - 25
... as ongoing concerns over the crisis in the euro zone overshadowed strong Canadian economic data. USD/CAD hit 1.0225 on Friday, the pair's highest since January 16; the pair subsequently consolidated at 1.0218 by close of trade, jumping 2.14% on the ...
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USD/JPY Forecast for the Week of May 21, 2012, Technical Ana
The USD/JPY pair initially rose during the week as the hammer from the previous week got triggered to the upside. This was a buy signal to most traders, but the later action in the week saw this pair fall apart. The fact that the end of the week
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USD/JPY Weekly Fundamental Analysis May 21-25, 2012, Forecas
Introduction: In the USD/JPY trade, trying to pick tops or bottoms during that time would have been difficult. However, with the bull trend so dominant, the far easier and smarter trade was to look for technical opportunities to go with the funda
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GBP/USD Forecast May 21, 2012, Technical Analysis
The GBP/USD pair has been viciously sold off over the last several sessions, but the Friday markets saw a bit of a reprieve. The daily candle closed to form a bullish hammer at the 1.58 vicinity, and the site of the 50% Fibonacci retracement level.
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Technical Analysis, May 21st — May 25th, 2012
The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of May 19th, 2012.


