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AUD/USD down in US trade

posted by Avatar BloodDiamond 299 days ago in AUD, Economic Indicators

By Forexpros.com Forexpros The Australian Dollar was lower against the US Dollar on Monday after the release of US data on ISM Manufacturing Index. AUD/USD was trading at 1.0947, down 0.44% at time of writing. The pair was likely to find support at ... read more
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GBP/USD steady ahead of UK manufacturing data

posted by Avatar BloodDiamond 300 days ago in USD, EUR made popular 299 days ago

By Forexpros.com Forexpros The pound was steady against the US dollar on Monday, trading close to a two-month high as a deal on raising the US debt ceiling and averting a default boosted risk appetite. GBP/USD hit 1.6476 during early European trade, ... read more
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EUR/JPY selling leading the way

posted by Avatar BloodDiamond 303 days ago in EUR, JPY

The EUR/USD has continued to move lower, driven again by EUR/JPY selling. It is risk-off Friday and selling the JPY crosses during Asian trade is the usual play. EUR/USD is back below 1.4300. I'm hearing the stops below 77.50 in USD/JPY are quite ... read more
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Rayonier Reports Second Quarter 2011 Results

posted by Avatar BloodDiamond 303 days ago in CAD

Year-to-date cash available for distribution(1) (CAD) was $134 million versus $303 million in the first half of 2010. The prior year period included the receipt of $189 million related to the alternative fuel mixture credit (AFMC). ... read more
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Good morning Emerging Europe/Africa! FX HIGHLIGHTS PLN CZK HUF RUB TRY ZAR

posted by Avatar BloodDiamond 304 days ago in EUR made popular 304 days ago

German adjusted unemployment in June remained at 7.0%, it's lowest since reunification and this is expected to be stable again in July. At the same time July unadjusted jobless rate looks set to remain at 6.9% despite a 43k decrease in the unadjusted ... read more
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EUR/JPY dips to 111.50

posted by Avatar BloodDiamond 304 days ago in EUR

After stalling around 112.00 during the first hours of the Asian trade, the Euro finally gave in against the Japanese Yen. The pair has now been taken to a new 5-day low at 111.50, where it remains. USD/JPY was also sold-off ... read more
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UPDATE:Asian Shares Mixed; Sydney Hit By Strong AUD After CPI Data

posted by Avatar BloodDiamond 305 days ago in AUD made popular 305 days ago

... were mixed Wednesday, as investor sentiment remained cautious amid the continuing stalemate over raising the US debt ceiling, while a surge in the Australian dollar weighed the Sydney market after inflation data came in stronger than expected. ... read more
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Uncertainty Carries Over into New Week; Franc to Fresh Record Highs

posted by Avatar BloodDiamond 306 days ago in CHF, NZD made popular 306 days ago

... economy (latest Bloomberg article which sites Aussie as a safe haven for reserve managers further supports), but we fear that this trend could soon be at an end and would watch for underperformance in Aussie, Kiwi and Cad should sentiment remain ... read more
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Italy's good example

posted by Avatar BloodDiamond 309 days ago in CHF made popular 308 days ago

Italy has the euro zone's third-largest economy, ranking only behind Germany and France. Its national debt an estimated $2.7 trillion ranks high in European terms. Its growth rate, 1.3 percent in 2010, is low. Last week, the interest it has to ... read more
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Rupee gains 15 paise against US dollar to end at two-week high

posted by Avatar BloodDiamond 309 days ago in USD

MUMBAI: The rupee on Friday gained 15 paise against the US currency to close at the two-week high of 44.35/36 on fresh dollar selling by some banks and exporters amid a rally in equity markets. Dealers said that exporters and some banks reduced their ... read more
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The US dollar index was again weaker

posted by Avatar BloodDiamond 311 days ago in USD, NZD

AUD consolidated near the top of its July range, between 1.0721 and 1.0761. NZD similarly ranged sideways between 0.8527 and 0.8568. AUD/NZD consolidated yesterday's bounce from 1.2480 to 1.2570. US Existing home sales slipped to 4.77m on an annualised ... read more
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CAD: Likely Headed Lower

posted by Avatar BloodDiamond 312 days ago in USD, CAD, Economic Indicators made popular 312 days ago

NEW YORK (fxtechstrategy.com) -- The dollar-Canadian dollar currency pair (USD-CAD) closed only marginally higher Monday after failing to sustain its intraday rally. With the pair presently seen selling off, we could see it return to its July 15 low at ... read more