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Forex Resistance Pivot Points Support 05/21/2012

posted by Avatar goldsam 6 days ago in USD, Technical, Daily made popular 6 days ago

Daily Forex Resistance Pivot Points Support 05/21/2012  read more
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Montek feels Govt should raise petroleum prices

posted by Avatar Dylan 6 days ago in CAD

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 ...  read more
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Weekly Outlook for May 21- 25

posted by Avatar liorcohen 6 days ago in USD, Gold, Oil made popular 6 days ago

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  read more
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Oil Prices – Weekly Recap 14-18 May

posted by Avatar liorcohen 6 days ago in Fundamental, Weekly, Oil made popular 6 days ago

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  read more
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AUD/USD Outlook May 21-25

posted by Avatar forexcrunch 7 days ago in USD, AUD, Weekly

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  read more
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Crude Oil Weekly Fundamental Analysis May 21-25, 2012, Forec

posted by Avatar FXEmpire 7 days ago in Fundamental, Weekly, Oil made popular 6 days ago

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  read more
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Gold Fundamental Analysis May 21, 2012, Forecast

posted by Avatar FXEmpire 7 days ago in Fundamental, Daily, Gold made popular 7 days ago

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  read more
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GBP/USD Fundamental Analysis May 21, 2012, Forecast

posted by Avatar FXEmpire 7 days ago in USD, GBP, Fundamental made popular 7 days ago

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

posted by Avatar FXEmpire 7 days ago in USD, CAD, Fundamental made popular 7 days ago

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  read more
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Eurozone steps closer to the edge

posted by Avatar aaron 7 days ago in EUR made popular 7 days ago

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.  read more
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Market Pulse: Weekly report for 21-25 May 2012, Moses

posted by Avatar MattMcKelly 7 days ago in all made popular 7 days ago

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 ...  read more
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Greece Still Making Headlines as Fitch Downgrades Long Term

posted by Avatar spreadbetman 8 days ago in USD, GBP, Technical made popular 8 days ago

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  read more