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NZ commodity prices continue to break records, led by dairy,
New Zealand commodity prices recorded their 14th straight monthly gain in May, pushing the ANZ Commodity Price Index to a new record, led by dairy products, skins and kiwifruit.
11 votes
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Is USDCAD Revving Up for Another Move Down?
Oh my! Is that a juicy bearish pennant I see forming on the one-hour? Why yes it is!
11 votes
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Swiss retail sales up in Apr; consumption still strong
Swiss retail sales rose by a real 1.3 percent in April versus a year earlier, a further sign that consumers, who helped support the economy through the downturn, remain willing to open their wallets.
12 votes
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US weekly gasoline demand up 3.7 pct
U.S. retail gasoline demand rose 3.7 percent in the week ending May 28 due to the Memorial Day holiday, the SpendingPulse report said on Tuesday.
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Australia’s Q1 growth moderates
Australia’s economic growth moderated last quarter as higher interest rates and the end of tax breaks proved a headwind, though surging export prices look set to re-energise activity as the year progresses.
10 votes
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NZD Nears Two-Week High on Rates; Aussie Bonds Fall
The New Zealand dollar traded within 1 U.S. cent of its strongest since May 20 as speculation its central bank will raise interest rates from a record low next week boosted demand for the nation’s assets.
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US dollar drops to below 19,000 dong
The domestic gold price on June 1 recovered after the world gold price increased slightly while the FX rate in the free market fell to below 19,000 dong per US dollar, lower than the FX rate at banks.
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VNChanger - Forex signals 50 pips daily !
Daily Signals - Wednesday, 02 Jun - 2010 6: 30 AMEUR/USD
Trend: Downward
Sell EUR/USD at 1.2203 SL 1.2243 TP 1.2173
GBP/USD
Trend: Downward
Sell GBP/USD at 1.4714 SL 1.4754 TP 1.4684
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GDP growth in line with forecasts
Australia's economy expanded in line with market forecasts in the March quarter but the expected boost from rising prices for the nation's exports would prompt the central bank to lift interest rates later in 2010, economists say.
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Canada hikes key interest rate
Canada on Tuesday became the first Group of Seven nations to raise interest rates since the global financial crisis. The Bank of Canada hiked its key interest rate by a quarter point to 0.50 percent from a record-low rate of 0.25 percent.
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Jewelry sales slide as gold value rises
Gold closed Tuesday, June 1, at a two-week high of 1,226.90 an ounce, just a few dollars below the record price of $1,243.10 on May 12. The soaring costs have slowed gold jewelry sales.
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Daily Economic Roundup - June 2, 2010
As expected after a long weekend, the FX market came back into life yesterday. The day began with a strong dollar rally, which promptly faded when the US trading session kicked in. Is this ranging behavior we're seeing?


