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Futures and Forex Crude Oil, Silver and Gold PRices continue to Slide as ...

posted by Avatar eriathwen 246 days ago in AUD, Commodities made popular 246 days ago

The US dollar (USD) advanced 0.60 percent vs the Australian dollar (AUD) and 0.02 percent vs the Canadian dollar (CAD). The greenback fell 0.11 percent vs the euro (EUR), 0.08 percent vs the Japanese yen (JPY), 0.10 percent vs the British pound ... read more
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ECB to Offer Liquidity with 3-Month Dollar Loans, Forex in Risk Rally Mode

posted by Avatar eriathwen 254 days ago in EUR, AUD made popular 254 days ago

Commodity currencies like the AUD and CAD followed the EUR higher and manged to hold their gains, while the GBP (also a risk currency) was stronger during the NY trading session, but receded from its highs. While we remain cautious of the recent risk ... read more
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NZD/USD confined within 0.8115/8281 range

posted by Avatar eriathwen 254 days ago in NZD made popular 254 days ago

AAccording to the FX Markets Alert team: "Trade seen most of this week remains choppy and stuck in consolidation with the 0.8118-0.8281 band confining play and this is keeping the broader down-leg from 0.8572 high in play. Below 0.8118 will signal ... read more
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Will There Be Yen Intervention In The Near Future?

posted by Avatar eriathwen 254 days ago in JPY

And since the real estate bubble broke several decades ago, deflation has been a persistent problem. The March tsunami/earthquake tragedy had been another obstacle, destroying infrastructure and much of the nuclear capacity Japan relies upon for power. ... read more
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Euro has strengthened after reaching seven month lows

posted by Avatar eriathwen 255 days ago in EUR, NZD made popular 255 days ago

The Kiwi has pulled back slightly after the accompanying statement acknowledged a high NZD does weigh on the economy along with the growth forecast for 2012 to be downgraded. Levels at the time of writing are 0.8185 against the Greenback and 0.7975 ... read more
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USD/JPY Down On Economic Data

posted by Avatar eriathwen 258 days ago in USD made popular 258 days ago

By Forexpros on September 12, 2011 | More Posts By Forexpros | Author's Website Forexpros The US Dollar was lower against the Japanese Yen on Monday after the release of Japanese data on Tertiary Industry Activity Index. USD/JPY was trading at 77.54, ... read more
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ECB Drops Tightening Bias, Japanese GDP -2.1% Annualized

posted by Avatar eriathwen 260 days ago in USD, EUR

The lack of any increase in asset purchases allowed the GBP to rally shortly after the announcement, with the pair able to hit a high of 1.6083. During the US session, Obama unveiled his ambitious $447bn plan to revive the flagging US labour market, ... read more
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6EU1 and UR/USD keep declining

posted by Avatar eriathwen 262 days ago in USD, EUR

According to the TDMI's report the inflation pressure was less intense in August. It declined by 0.1% after a 0.3% increase a month before. Late last week the Euro Commission, ECB and IMF's special joint mission suddenly suspended the talks with the ... read more
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New Zealand retail sales data this morning

posted by Avatar eriathwen 276 days ago in NZD made popular 276 days ago

By Sean Lee || August 24, 2011 at 21:47 GMT The only potential market-mover of note on the economic calendar is the NZ retail sales data, due in one hour. AUD/NZD is in the middle of its holding range between 1.2525/1.2725 and a clean break out of this ... read more
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Asia Midday Highlights

posted by Avatar eriathwen 279 days ago in AUD

-CNN - Australia: Australian Treasurer Wayne Swan says high AUD putting a lot of pressure on trade-exposed indus tries. USD/Majors: Cautious trading on Mon with focus on BoJ/MoF intervention. MoF Noda warned, together with NKS piece on intervention. ... read more
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Rebound adds to the volatility, Which way now?

posted by Avatar eriathwen 289 days ago in CHF, Commentary made popular 288 days ago

Looking ahead, July Retail Sales forecast at 0.5% vs. 0.1%. The Euro (EUR) was volatile in a 200 pip range between 1.4100 and 1.4300 but finishing well supported with EUR/CHF moving up near 6% on the day after talk the Swiss may peg their currency to ... read more
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Swiss franc hectic as hell

posted by Avatar eriathwen 292 days ago in CHF

During Asian trading hours global sentiment has deteriorated further early on Tuesday and the Swiss franc reached new all-time highs versus the euro, the US dollar and the Hungarian forint, as well. CHF/HUF was quoted at 261 at dawn but corrected back ... read more