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Canadian dollar lower, traders look to release of minutes from Fed meeting

posted by Avatar Shawn 270 days ago in CAD

By Malcolm Morrison, The Canadian Press | August 30, 2011 A Canadian dollar is seen next to a series of US dollars Wednesday, January 26, 2011 in Montreal. THE CANADIAN PRESS/Paul Chiasson TORONTO - The Canadian dollar was slightly lower Tuesday ... read more
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EUR/CHF: he pair is expected to rise further in the coming sessions

posted by Avatar Shawn 275 days ago in CHF made popular 275 days ago

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more
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Canadian dollar is trading at 101.21 cents US, staying even at 11 am ET

posted by Avatar Shawn 276 days ago in CAD

We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn't know, mark it high. If you thought it was well written, do the same. If it doesn't meet your standards, ... read more
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GBP/USD update (22nd Aug 2011, 15:30)

posted by Avatar Shawn 278 days ago in USD, GBP made popular 278 days ago

Also, sterling is enjoying some gains in a kind of reverse beauty contest, ie in comparison to the situation in the eurozone and the US, the UK's position looks relativey stable, with an independent currency and also a plan to reduce the deficit. ... read more
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Wheat at 2-month top on supply worries; corn, soy firm

posted by Avatar Shawn 279 days ago in Commodities made popular 279 days ago

Large speculators raised their net long stake in CBOT corn to the highest in two months, data from the US Commodity Futures Trading Commission showed, as the US Agriculture Department slashed crop forecasts by more than expected in a report. ... read more
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Markets Crash on US S&P Rating Downgrade

posted by Avatar Shawn 284 days ago in USD, EUR made popular 284 days ago

The GBP was volatile but under pressure with GBP/JPY selling and risk off trading through the week. Some support was seen with EUR/GBP selling but the ECB move saw any downside momentum evaporate. The GBP/USD is down -0.51% currently at 1.6340 after ... read more
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NZD/USD ranging between 0.8360/0.8285 in Asia

posted by Avatar Shawn 285 days ago in NZD

The Kiwi opened the Asian trade at 0.8326, touched the session high early at 0.8360, and has since been range trading between the mentioned high and 0.8285, with the dip to session lows led by a fall in the AUD after the RBA ... read more
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Japanese Yen To Face 2Q GDP, BoJ Intervention Threats

posted by Avatar Shawn 286 days ago in JPY, Economic Indicators made popular 286 days ago

Japan's 2Q GDP report highlights the greatest event risk for the Yen, but the heightening risk for a currency intervention could take center stage as the exchange rate hovers around the record-low (76.28). Economic activity in the world's third-largest ... read more
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Experts Tell Aussie Retailers: Getting Online is About Customer Service Not ...

posted by Avatar Shawn 287 days ago in AUD, Economic Indicators

Keynote speaker from Quantium Simon Smith said the strong AUD can be the push to get consumers purchasing online for the first time but there were enormous opportunities for Australian retailers to capture sales online with 68 percent of online buyers ... read more
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India Forex Advisors/ Market Commentary/10th_August_2011

posted by Avatar Shawn 289 days ago in EUR

Sample GBP/USD: The Pound is currently trading at 1.6171 levels. The pound continues to be weak against the dollar as Bank of England cut its economic growth forecast yesterday amid continuing debt crisis in Euro zone which is also affecting the UK ... read more
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Dollar falls to 76 yen level after Fed vows to keep rates low

posted by Avatar Shawn 291 days ago in USD made popular 291 days ago

TOKYO (Kyodo) -- The US dollar fell to the upper 76 yen level Wednesday morning in Tokyo after the US Federal Reserve pledged to keep interest rates near zero for at least two years through mid-2013. At noon, the dollar fetched 76.87-88 yen against ... read more
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Asian stocks higher as global rally continues on Fed low rates pledge, hopes ...

posted by Avatar Shawn 291 days ago in USD, Commodities made popular 291 days ago

Oil prices rose to more than $81 a barrel, while the dollar slid against the yen and the euro. The Dow Jones industrial average finished Tuesday with a 429-point gain after the Fed pledged to keep its key interest rate at its record low of nearly zero ... read more