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Fairfax Market Report including Condor Resources, Medusa Mining, Mwana Africa
$1.577/gbp vs 1.596/gbp Gold US$1573/oz vs US$1551/oz yesterday Prices increased today as this week's decline to a 10-month low was seen as excessive. Gold should trade above US$1500/oz to cover all-in costs of production that are currently ...
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Greece, Spain continue to pressure the Euro
Poor economic data from the US along with growing concerns about the instability in the Spanish banking sector continued to further put pressure on Euro.
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MCX Tips, NCDEX Tips, Copper, Copper Updates, MCX Gold Tips,
MCX and NCDEX blog provide to you Indian Commodity Trading Strategy and Trading Tips. We Specialized MCX Tips like Gold Tips, Silver Tips, Crude Tips, Copper tips, Metals, tips and NCDEX Agri market tips.
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GBP/USD Technical Outlook – May 18th
Plunging through 1.5900 in yesterday’s session, the British pound is now likely to move towards support at 1.5648 or the 61.8% fib level from 1.5241-1.6300 rise. The break below the aforementioned round figure barrier remains significant for the
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Malaysia-Market factors to watch May 18
Malaysian palm oil futures regained ground on Thursday after steep losses the previous day, but traders remained cautious on concerns a possible Greek exit from the euro zone could heighten risk of a global recession and hurt commodity demand.
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Commodity Prices — May 17th 2012
Commodity prices for May 17th 2012.
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FAO inks two development agreements with Saudi Arabia, Libya
ROME, May 17 (KUNA) -- The Food and Agriculture Organization (FAO) signed two agreements on Thursday worth a total of over USD 173 million with Saudi Arabia and Libya to bolster technical cooperation and support food security and the protection of ...
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EUR/USD holding up pretty well despite risk slide
Oil has turned negative on the day, stocks are down 0.75% on the session and US yields are approaching modern era lows with 10s at 1.73%... We've got a clear risk-off scenario but EUR/USD is 50 pips above earlier lows. Unwinding of EUR/GBP shorts and ...
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USD/CAD rises to test 1.0178 again
After trading in consolidation mode from 1.0178 4-month high in a pause in its rally from 1.0100, the USD/CAD has resume its uptrend and it is testing highs at 1.0178 again. Now at 1.0170, the USD/CAD is rising 0.50% so ...
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Facebook's Prospects In Asia
The benefits of addressing the Japanese market, whose population is less than half the one of the US (128 million people), are: (1) A high GDP/capita (2) Very good IT infrastructure (actually, far better than the US, according to Akamai).
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Canadian Dollar Mixed Against Majors
The Canadian dollar showed mixed trading against its major counterparts in early New York trading on Thursday. While the loonie edged higher against the euro, it halted its recent slide against the currencies of the US and Japan.
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EUR/USD Breaks into New Low, Entering into Key Support Zone
The EUR/USD broke into new lows for the week, coming down to the 1.2660 level at the beginning of the 5/17 US trading session. The 1.2625-1.2660 support area has been documented at FXTimes on the daily chart. On the 4H chart, we see that the mark


