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UK OPENING NEWS INCLUDING: UK 'must save GBP 50bln a year or face a similar ...

posted by Avatar blitz 318 days ago in GBP, Economic Indicators made popular 317 days ago

... stands at GBP 906bln, some 60%of national income, or GBP 35000 per household. A population time-bomb will see UK national debt total more than 100% of GDP if future governments do not go beyond current efforts to eliminate the annual deficit. ... read more
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European Economics Preview: UK Inflation, Foreign Trade Reports Due

posted by Avatar blitz 320 days ago in USD, EUR, GBP, AUD made popular 319 days ago

Inflation and external trade figures from the UK and consumer prices from France and Germany are the major statistical reports due on Tuesday, headlining a busy day for European economic news. At 1.30 am ET, the French statistical office ... read more
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Gold in Excellent Position for Seasonal Breakout

posted by Avatar blitz 320 days ago in Commodities made popular 320 days ago

The 22 gold analysts covered by Bloomberg do not come across as very enthusiastic either, as the following screenshot illustrates. The consensus expects a sharp decline in the gold price from 2012 onwards. The median price targets were USD 1450 (2011), ... read more
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Daily Foreign Exchange Market Update

posted by Avatar blitz 321 days ago in EUR made popular 320 days ago

The Pound finished last week much higher against the Euro but slightly lower against the US Dollar in the foreign exchange market. The GBP/EUR exchange rate was quite low at Monday's market open, trading at 1.1090, but moved up steadily over the week ... read more
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USD/CHF drops to 0.8460

posted by Avatar blitz 326 days ago in CHF made popular 326 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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Euro Rally Finally Finds Some Resistance After S&P Issues Warning on Greece

posted by Avatar blitz 327 days ago in EUR, CHF made popular 327 days ago

Otherwise, Swiss retail sales were a good deal weaker, UK construction PMIs were as expected, and Eurozone inflation readings were a good deal softer. In Asia, Australian indicators continued to disappoint, with building approvals and seasonally ... read more
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Australian Stock Market: On cautiously optimistic trend

posted by Avatar blitz 328 days ago in EUR, AUD made popular 328 days ago

In currency markets, both the EUR/USD and AUD/USD continued their strong push higher on the back of the sharp pickup in risk appetite and expectations that the ECB will raise interest rates later this week. The AUD/USD is currently 1.0774 after hitting ... read more
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Euro rally fades as focus turns from Greece to data

posted by Avatar blitz 331 days ago in EUR made popular 331 days ago

Attention now turns to the European Central Bank's news conference following its policy meeting on Thursday, when it is expected to raise interest rates again, with data earlier this week showing inflation in June stabilised well above the bank's ... read more
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Risk Appetite Returns to Currency Markets with US Equities and Oil Higher

posted by Avatar blitz 332 days ago in USD, EUR, JPY, GBP, CAD, AUD, Commodities, Economic Indicators made popular 332 days ago

As a result of these developments we saw riskier commodity currencies (AUD, NZD, CAD) which gain on the safe-haven USD and JPY. The EUR/USD which had declined from a 3-week high following the austerity measure vote, reclaimed that mantle by 11:30 AM ET ... read more
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USD/JPY up in Asian trading hours

posted by Avatar blitz 335 days ago in USD, EUR made popular 335 days ago

Meanwhile, the US Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.50% to hit 1.4118 and GBP/USD falling 0.19% to hit 1.5928. Forex Pros offers a diverse set of professional tools for Forex, Futures and CFDs. ... read more
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Amul plans to set up manufacturing plant in US

posted by Avatar blitz 336 days ago in USD made popular 336 days ago

"We do not have any immediate plans to hike the milk prices," he said. In the fiscal ended March 31, 2011, GCMMF has registered a total turnover of USD 2.2 billion and in the current fiscal the target is to touch Rs 12000 crore. read more
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Walton Ontario Land L.P. 1 Reports Q1 2011 Results

posted by Avatar blitz 338 days ago in CAD

About the Walton Group: In business for over 30 years, the Walton Group currently manages approximately CAD $2.8 billion of pre-development and development real estate assets, including over 60000 acres of land in Alberta, Ontario, Arizona, Texas, ... read more