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Australian unemployment falls

posted by Avatar annie 716 days ago in AUD, Employment made popular 715 days ago

Australia’s unemployment rate fell to 5.2% in May as full time employment increased for the ninth straight month, according to the Australian Bureau of Statistics. The number of people in jobs increased by almost 30,000 in May, with more than 11m read more
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Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

posted by Avatar Precisetrader 716 days ago in Technical, Daily made popular 716 days ago

EURUSD closed @ 12125 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 3 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak and read more
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Trade deficit rises, demand for exports slips

posted by Avatar camac 716 days ago in USD, Trade made popular 716 days ago

The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome sign that Europe's debt troubles are beginning to crimp American manufacturers. read more
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Cash Hoarding Among European Banks Sets New Record

posted by Avatar ForexPlaybook 719 days ago in USD, EUR, Fundamental made popular 719 days ago

Cash hoarding among European banks continued on Friday, setting yet another record in overnight deposits with the European Central Bank. read more
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Stability in the outside markets should bring support to the

posted by Avatar DannyBly 719 days ago in Fundamental, Daily, Agriculture made popular 719 days ago

Good morning. ..I think? Stability in the outside markets along with a large decline in open interest in both hogs and cattle seems to be the feature early today. Asian stocks traded sharply lower last night but the European stock market rebounde read more
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Hoarding Treasuries Helps Dealers as Europe Woes Rise

posted by Avatar victoryismine 719 days ago in USD, EUR made popular 719 days ago

Wall Street’s biggest bond firms are buying the most Treasuries in two years, driving the biggest rally in government bonds in at least seven years, as Europe’s sovereign-debt crisis worsens. read more
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ECB may extend loans, up forecasts as debt fires burn

posted by Avatar marius 719 days ago in EUR made popular 719 days ago

The European Central Bank could offer extra funds to banks on Thursday to ease strains from the euro zone's debt crisis, and it will be pressed for details of its surprise government bond-buying program. read more
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Australian trade balance swung to a surplus in April

posted by Avatar camac 724 days ago in AUD, GDP, Trade made popular 723 days ago

Australia's trade balance unexpectedly swung to a surplus in April as exports of iron ore jumped by a quarter and coal shipments surged 40 percent. read more
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Will the USDJPY Bears Soon Wake Up?

posted by Avatar lytman02 724 days ago in USD, JPY, Daily made popular 724 days ago

Here’s an update of the USDJPY pair or the gopher from my previous post. Notice that it has corrected after hitting a low just below 88.00 during the first week of May. With the stochastics almost in the overbought territory, will the pair turn read more
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Daily technical outlook 6-3-10

posted by Avatar liviuf 724 days ago in EUR, GBP, Technical made popular 724 days ago

EURUSD - The euro recovered some ground and breached the triangle formation formed by the downward trend line coming from 1.3360 and the bottom around 1.2150 read more
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Gold continues bullish crusade

posted by Avatar alfred 724 days ago in USD, Gold made popular 724 days ago

Gold followed on the upward path today and hit another record high of Rs 30,910 per 10 gram (Rs 36,050 per tola) in the domestic market. After a brief slowdown, the precious yellow metal has resumed its northern course terrifying the customers be read more
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US jobs outlook starts to pick up

posted by Avatar japock 724 days ago in USD, Employment made popular 724 days ago

The number of planned layoffs at US firms in May was almost unchanged from April, when they touched a four-year low, suggesting employers have more upbeat outlooks, according to yesterday’s report from recruitment firm Challenger, Gray & Christma read more