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Daily Chart Art - November 30, 2009

posted by pipSyGirl 909 days ago in Technical, Daily made popular 909 days ago

Is that a trend line break I see? Has the AUDUSD finally topped out for the year? Or is just another major correction?

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US corn, soybeans firm on export demand

posted by edward 909 days ago in USD, Fundamental, Agriculture made popular 909 days ago

U.S. corn and soybeans futures firmed on Monday as the dollar weakened amid easing concerns about debt problems in Dubai and focus returned to fundamentals such as firm export demand offsetting the bearish influence of bumper U.S. harvests.

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Weekend Top Stories: U.A.E. to Stand Behind Banks

posted by ForexGump 909 days ago in Weekly made popular 909 days ago

Weekend Top Stories: U.A.E. to Stand Behind Banks

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Aussie Wheat Crop Forecast Cut by National Australia Bank

posted by Shawn 912 days ago in AUD, Fundamental, Agriculture made popular 912 days ago

Australia’s wheat crop forecast for the current harvest was cut by National Australia Bank Ltd. after frosts in New South Wales and hot weather in Victoria and South Australia states.

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Daily Forex Forecast Nov 26

posted by AussieTrader 912 days ago in Fundamental, Daily made popular 912 days ago

The Australian Dollar opens higher today at 0.9310 after a positive local session. Support held on Wednesday morning at US92 cents followed by a steady climb during Asian trade to an intraday peak of 0.9252.

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Australian Dollar Forecast - Nov 26

posted by AussieTrader 912 days ago in AUD, Daily made popular 912 days ago

The Australian Dollar opened almost a cent higher after an upbeat assessment of the local economy from the Reserve Bank, and overnight weakening in the US Dollar.

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Hungarian Forint Down on Dubai Debt

posted by varna 912 days ago in USD, EUR, Fundamental made popular 912 days ago

The Hungarian currency had its sharpest fall in a month after Dubai announced that it’s likely to delay debt payments, declining attractiveness for emergent markets less appealing currencies in Central and Eastern Europe.

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The Life of an Economic Turkey

posted by lilacstone 912 days ago in USD, Fundamental, Daily made popular 912 days ago

“Things were pretty rough there for a while…what with the recession and all. But now there’s a recovery. Business is picking up.”

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Oil falls as demand wavers

posted by junray 912 days ago in Oil made popular 912 days ago

Oil fell below $US77 a barrel in line with falls across financial markets and as weak demand for fuel offset potential support from a weak US dollar.

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The AUD dips as investors seek safe haven assets

posted by junray 912 days ago in AUD made popular 912 days ago

The Australian dollar has opened more than half a cent lower as risk averse investors sought safe haven assets after news of a potential debt default in Dubai.

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NZ trade deficit almost halves in October

posted by peekaboo 912 days ago in NZD, Trade made popular 912 days ago

New Zealand’s merchandise trade deficit contracted to NZ$487 million in October from NZ$994 million a year ago as both import and export values continued to trend downward, Statistics New Zealand said. (Update 2 includes economist comment.)

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NZ dollar dives as Dubai nears default

posted by Vanjo 912 days ago in NZD made popular 912 days ago

The New Zealand dollar fell broadly overnight, sinking to its lowest level in more than five months against the Australian currency and down to a near four-month low against the yen.

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