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Manufacturing Output Posts Surprise Fall In Apr

posted by hachibi 716 days ago in GBP, Manufacturing made popular 715 days ago

Manufacturing output fell unexpectedly in April following strong growth in the previous two months, according to figures released by National Statistics Friday.

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Gold, Dollar Will Falter

posted by fahrell 716 days ago in USD, Gold made popular 716 days ago

The U.S. dollar and gold will both falter as risk aversion trades start to come off, believes Jonathan Barratt, MD of Commodity Broking Services. He shares his outlook, with Greg Canavan, editor of Sound Money, Sound Investments and CNBC's Oriel

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Stability in the outside markets should bring support to the

posted by 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

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Hoarding Treasuries Helps Dealers as Europe Woes Rise

posted by 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.

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GBP/USD rebounds as Cameron defends cuts

posted by whatadous 719 days ago in USD, GBP made popular 719 days ago

Sterling rebounded against the dollar on Monday as the British prime minister warned that unless painful cuts were made, annual interest payments on U.K. debt would hit about GBP 70 billion per year within five years.

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Candlesticks and Ichimoku Trade Ideas Performance Update

posted by stewie 719 days ago in JPY, Employment made popular 719 days ago

Although we bought dollar against the Japanese yen at 90.70 in the early part of the week, we exited our long position on the retreat to 90.54, however, the currency pair found decent demand there and rallied to as high as 92.89 before retreating

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Crude Rises On Bullish Economic Bias, Weak Dollar

posted by fahrell 724 days ago in USD, Oil made popular 723 days ago

Crude-oil futures rose in Asian trading hours Thursday on the back of market expectations that weekly inventory data due later in the day will show a drawdown of U.S. stocks and as the dollar weakens against the British and Japanese currencies.

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Will the USDJPY Bears Soon Wake Up?

posted by 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

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Daily technical outlook 6-3-10

posted by 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

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Gold continues bullish crusade

posted by 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

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US jobs outlook starts to pick up

posted by 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

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Yen Weakens Amid Recovery Signs

posted by annie 724 days ago in JPY made popular 724 days ago

The yen fell against all major peers amid signs the global economy is gaining traction and on speculation Japan’s next leader will embrace a weaker currency.

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