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AUD/USD upside capped at 0.9879

posted by Avatar ceronueve 232 days ago in AUD made popular 232 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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Dollar steady after ADP payrolls report

posted by Avatar ceronueve 234 days ago in NZD made popular 234 days ago

... New Zealand cousins, with USD/CAD easing up 0.07% to hit 1.0518, AUD/USD rising 0.17% to hit 0.9588 and NZD/USD inching up 0.04% to hit 0.7604. Earlier in the day, official data showed that Australian retail sales rose more-than-expected in August, ... read more
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Chart of the Day - GBP/USD

posted by Avatar ceronueve 236 days ago in USD made popular 236 days ago

Nothing in this email should be construed as a solicitation to trade in the Foreign Exchange market. If you are considering trading in the Foreign Exchange market before you trade make sure you understand how the spot market operates, ... read more
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ForexLive European wrap: A wobbly recovery despite poor PMI data

posted by Avatar ceronueve 236 days ago in EUR

... were to curb excessive moves UK's Osborne: Rejects deficit funded tax cuts Turkish Fin Min: Inflation may rise in coming months IMF's Zhu: Europe making progress on debt problems EU Commissioner Rehn: Options to enhance EFSF include ECB, some not. ... read more
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GBP/USD Down On US Data

posted by Avatar ceronueve 239 days ago in USD made popular 239 days ago

By ForexMansion.com Forexpros The British Pound was lower against the US Dollar on Friday after the release of US data on Chicago PMI. GBP/USD was trading at 1.5569, down 0.38% at time of writing. The pair was likely to find support at 1.5432, ... read more
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Looking quiet on economic calendar

posted by Avatar ceronueve 243 days ago in AUD

If we get some relief from this asset migration, then pairs like USD/KRW may start to retrace and this will drive AUD/USD, EUR/USD and cable higher. Make significant savings on your international money transfers using FXstreet.com's Global Transfers. ... read more
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Market Morning Briefing

posted by Avatar ceronueve 247 days ago in AUD

During the week, 3M Libors have increased by 1bps for USD (0.36%), AUD (4.83%), EUR (1.49%) and GBP (0.93%).Note that the 3M rates are much higher than even 5Y Government bonds yields reflecting the apprehension on credit worthiness among the bankers. read more
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A girl got fired and ERA gave 5000 NZD compensation

posted by Avatar ceronueve 260 days ago in NZD

NZ Employment Supervision Office suggested that it is unfair to fire Mallon in spited of the social conduct. Afterwards, Mallon found out that though her payroll shows she has paid the PAYE, she cannot afford the IRD. read more
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Euro extends losses, Aussie wary ahead of rate news

posted by Avatar ceronueve 264 days ago in USD, EUR, JPY, CHF, CAD, AUD made popular 264 days ago

"Downside risks to AUD remain over the next 24 hours given the global backdrop while on the domestic front, the RBA meeting provides scope for a less hawkish statement," said Besa Deda, chief economist at St George Bank. ... read more
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Australian Dollar Outlook 09/06/2011

posted by Avatar ceronueve 264 days ago in AUD made popular 264 days ago

Australia: With a holiday in the US overnight, the AUD has followed the remaining offshore equity markets and weakened, with further downside likely today as our markets follow on from yesterday's lead. Currently it looks as though the AUD will push ... read more
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Euro Set for Biggest Weekly Slump Since July Before German Factory Orders

posted by Avatar ceronueve 268 days ago in USD, EUR, JPY, CAD, AUD, NZD made popular 268 days ago

Traders were betting yesterday the ECB will cut its benchmark interest rate by 14 basis points, or 0.14 percentage point, in the next 12 months, a Credit Suisse Group AG index showed, compared with a 25 basis point increase signaled on Aug. 1. ... read more
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Swiss GDP Grows In Line With Expectations In Q2

posted by Avatar ceronueve 268 days ago in CHF

... to the industry and the sector dominated by financial market services which stagnated or slightly decreased. Following the release of the data, the Swiss franc was fractionally higher against the US dollar, with USD/CHF slipping 0.06% to hit 0.8052. read more