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Jewelry sales slide as gold value rises

posted by hinata 725 days ago in USD, Gold made popular 725 days ago

Gold closed Tuesday, June 1, at a two-week high of 1,226.90 an ounce, just a few dollars below the record price of $1,243.10 on May 12. The soaring costs have slowed gold jewelry sales.

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Daily Economic Roundup - June 2, 2010

posted by Buruguduy 725 days ago in USD, Fundamental, Daily made popular 725 days ago

As expected after a long weekend, the FX market came back into life yesterday. The day began with a strong dollar rally, which promptly faded when the US trading session kicked in. Is this ranging behavior we're seeing?

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Key Says Aussie to Beat Kiwi Dollar on Carry Trade

posted by jasumine 725 days ago in AUD, NZD made popular 725 days ago

New Zealand Prime Minister John Key, the former head of foreign exchange at Merrill Lynch & Co., said the nation’s currency may fail to keep pace with gains in the higher-yielding Australian dollar.

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Number of house sales up 15%

posted by camac 725 days ago in GBP, Housing made popular 725 days ago

In the latest four week period available the Scottish average house price has increased by 6.9% to £151,627 as the volume of sales in Scotland also increased by 15.2%.

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US gasoline price falls to three-month low

posted by fahrell 725 days ago in USD made popular 725 days ago

The average price US drivers paid to fill up at the gasoline pump fell to the lowest level in three months, the Energy Department said on Tuesday.

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How to win big in the currency market

posted by annie 726 days ago in Special, Trading Psychology

For newcomers, Forex traffic can infrequently be the formidable endeavour since of the technical as well as ever becoming different nature. It takes many time as well as personal joining to sense Forex trading, as well as we need to sense fast th

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Euro Steadies After Bounce, High-Yielders Firm

posted by annie 730 days ago in EUR made popular 730 days ago

The euro steadied higher on Friday, benefiting from a short-covering bounce after China assured investors it was not losing confidence in euro zone assets, while higher-yielding currencies held on to broad gains.

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Consumer morale falls for third month in May

posted by krissylinne 730 days ago in GBP made popular 730 days ago

British consumer confidence fell for the third month in a row in May as people grew more fearful about the economic outlook and health of their own finances, a survey showed on Friday.

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Gold Bullish Despite Frightening Deflation in Money Supply

posted by sora 730 days ago in USD, Gold made popular 730 days ago

The price of physical gold in wholesale dealing slipped from an early 6-session high in London on Thursday, ticking back to $1207 an ounce but remaining 3.1% higher for May-to-date.

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Euro to Rally After Dropping Toward 108 Yen

posted by vhinz316 730 days ago in EUR, JPY made popular 730 days ago

The euro may reverse course after it falls toward 108 yen, the lowest level since November 2001, Bank of Tokyo-Mitsubishi UJF Ltd. said, citing trading patterns.

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Dollar and Euro Gain Against The Yen

posted by fahrell 730 days ago in USD, EUR made popular 730 days ago

The Euro and U.S. dollar gained against the Japanese Yen early Monday (see the charts below).

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Japan's Yen Rises Above War Jitters, Deflation

posted by camac 730 days ago in JPY, Trade made popular 730 days ago

Japan is again suffering from deflation. Prime Minister Yukio Hatoyama's ability to spur the economy is sharply constrained by record public debt exceeding 882.9 trillion yen ($9.78 trillion). It has the lowest interest rates of any developed nat

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