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Forex Resistance Pivot Points Support 05/21/2012
Daily Forex Resistance Pivot Points Support 05/21/2012
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Montek feels Govt should raise petroleum prices
On concerns over India's high current account deficit, Ahluwalia said the size of the CAD is higher than what India is normally comfortable with. "A three per cent is a little on higher side and I will be a lot more comfortable with two and a half per ...
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Weekly Outlook for May 21- 25
Following the recent developments in the Greece in which it was decided there will be elections on June 17th the Euro took a dive and was traded down most of the week against the USD. The recent publications from the U.S including the minutes of
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Oil Prices – Weekly Recap 14-18 May
Crude oil prices continued their downward trend as both Brent and WTI were traded down during most of the week. The disappointing news of the drop in the Philly Fed index may have been among the factors to drag down oil prices. developments in th
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AUD/USD Outlook May 21-25
The Australian dollar dropped sharply last week, as AUD/USD lost around 180 pips as it slipped below parity, closing at 0.9843. The upcoming week is very quiet, with only three releases. Here is an outlook for the Australian events, and an update
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Crude Oil Weekly Fundamental Analysis May 21-25, 2012, Forec
Introduction: Crude Oil is considered the king of the commodities markets.The Strategic Petroleum Reserve is the United States’ emergency oil stockpile, and it is the largest emergency petroleum supply in the world. The reserve stores about 57
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Gold Fundamental Analysis May 21, 2012, Forecast
Analysis and Recommendations:Gold broke the down streak to move up in today’s session to end the week at 1590.15 up 15.25.
Spot gold rebounded on heavy trades yesterday, reversing the previous session’s losses, and posted its biggest daily
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GBP/USD Fundamental Analysis May 21, 2012, Forecast
Analysis and Recommendations:The GBP/USD held pretty steady today, closing at 1.5798. Most all currencies were quiet today with no eco data and little news it was actually a peaceful day. There isn’t much to report, but it seems unnatural.
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USD/CAD Fundamental Analysis May 21, 2012, Forecast
Analysis and Recommendations:The USD/CAD closed the week at 1.0203 almost flat from the open, the only eco news around the world today was in Canada and all releases were positive and a bit above but still could not put a dent in price. It se
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Eurozone steps closer to the edge
That is roughly equivalent to the loss faced by Citibank at the peak of the financial crisis in 2009; however Greece's economy is the equivalent of 0.3% of the US economy, which puts things into perspective. In Spain the problem is even more complex.
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Market Pulse: Weekly report for 21-25 May 2012, Moses
In the meanwhile USD Index met its first objective at 81.75 and reversed sharply to 81.02 driven by EUR/USD rally from 1.2640 to 1.28. This validates our stance that rupee weakness is driven by strong dollar against global currencies and it would need ...
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Greece Still Making Headlines as Fitch Downgrades Long Term
Risk sentiment was seen heading lower overnight as news headlines and macro economic data releases continue to support the general bear market direction that has become more apparent in the last two weeks. Fitch downgraded long term credit in Gre


