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Evening forexsignals 50 pips daily !
Evening Signals - Monday, 31 May- 2010 17 : 45 GMTEUR/USD
Trend: Downward
Sell EUR/USD at 1.2281 SL 1.2321 TP 1.2251
USD/JPY
Trend: Downward
Sell USD/JPY at 91.13 SL 91.53 TP1 90.83
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USD Funding Costs Slip in Asia as Currency Markets Stabilize
The rate banks say they pay for three-month dollar loans fell in Asia for the first time in 13 days as concern about Europe’s debt crisis eased, helping arrest a flight to dollars by global funds.
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USD falls vs. euro after monthly gain
The U.S. dollar weakened against some of its currency rivals Monday in Asia, pulling back after ending May trading in North America with its biggest gain since October of 2008.
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House prices up 2 percent in May
House prices in England and Wales are 2.0 percent up on a year ago, the biggest annual rise since January 2008, though non-seasonally adjusted monthly data point to a slowdown, property data company Hometrack said Monday.
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EURUSD To Find Support At The 1.2142/76 Levels.
EURUSD: While EUR is vulnerable to the downside after its failure to build on its previous week gains at the end of the week, we look for the 1.2142/53 zone to provide a strong support and turn the pair higher again if tested.
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Japan’s Industrial Output Advances Less Than Forecast
Japan’s industrial production increased less than economists forecast in April, the latest sign that the economic recovery may be losing momentum.
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Daily Economic Roundup - May 31, 2010
Holy Smokes Pip Diddy, that is a large number of economic reports on this week's calendar! It looks like the majors will be in for a wild ride this week!
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UK house prices up 2.0 pct yy in May
May's monthly house price growth held steady at April's 3-month low of 0.2 percent while increases in sales, new buyers and new properties were all the weakest since January, when unusually icy weather caused widespread economic disruption.
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Euro buys a dead cat bounce
The euro has shown it was able to buy a dead cat bounce with a short-term euro/dollar rally from 1.22 to 1.27. The political announcements from a variety of European leaders were not enough to change the direction of the euro trend. This is relen
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June '10 British Pound ** Bear Trend Correction **
Technically the MKT remains vulnerable to the downside. On the SELL side accept FADE, REVERSAL and BREAKOUT strategies. DIR and DP BREAKOUT strategies should just "go". A more conservative entry would be to wait for a positive reaction after a ne
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As euro falls, American consumers watch for deals
The Greek crisis contagion has pushed the euro into free fall for months now. Every day seems to mark a new low; many analysts predict it will drop below $1.20 in the near future, and some more-bearish currency experts are even predicting parity
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NZ Dollar Outlook: Kiwi fortunes mixed
The New Zealand dollar will be at the whim of local commodity prices and the outlook statement from central banks in Canada and Australia this week, with strategists mixed on the currency’s fortunes.


