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Oil expected to climb as stock markets, euro revive

posted by LadyGodiva 714 days ago in EUR, Oil made popular 714 days ago

Crude oil may rise this week on speculation the euro and equities will advance, signs that the global economy and oil demand will strengthen, a Bloomberg News survey showed.

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Dollar gains after troubling retail sales report

posted by JoryEd 714 days ago in USD made popular 714 days ago

The dollar resumed its rise against the euro and other major currencies Friday after a weak report on U.S. retail sales sent warning signals about the economy.

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Don’t Let the Euro Dictate Your Portfolio

posted by Leonell 714 days ago in USD, EUR, Fundamental made popular 714 days ago

After all, the same forces that led to the euro’s drop — namely, the region’s mounting debt and credit problems — have pushed European stock prices sharply lower. And the currency’s fall to $1.21 last week from $1.43 at the start of the year has

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Oil prices slip on US growth worries

posted by mateo 715 days ago in USD, Oil, Retail Sales made popular 715 days ago

Oil prices retreated on Friday after a plunge in US retail sales triggered fears about the pace of economic recovery in the world's largest energy-consuming nation

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Oil ends down after U.S., China data disappoint

posted by Sissie 715 days ago in USD, Oil made popular 715 days ago

U.S. oil prices fell more than 2 percent on Friday as an unexpected fall in May retail sales in the United States and easing industrial output in China revived concerns about the economy and oil demand.

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The Weekly Gold Digger

posted by ymir 715 days ago in USD, Gold made popular 715 days ago

The US Dollar settled higher on the day supported by weak retail sales coming out this morning! We reached a new high of $89.22 on the September US Dollar Index on Monday.

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Australian dollar back above US85c

posted by Pete 715 days ago in USD, AUD made popular 715 days ago

US retail sales data for May showed a 1.2 per cent decline. Economists had predicted a 0.2 per cent increase. The drop was the biggest -- and the first -- since September 2009, when sales fell 2.2 per cent.

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Loonie rising to reserve rank?

posted by MonteAmor 715 days ago in CAD made popular 715 days ago

Canada's economy has received its fair share of praise over the last year for successfully navigating through the financial crisis and leading the global economic recovery. But the loonie as a global reserve currency?

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Gold continues move backwards

posted by mateo 715 days ago in USD, Gold made popular 715 days ago

The price of gold in Vietnam fell by VND200,000 a tael (1.2 ounces) over the previous day on June 11 as global prices declined, triggered by profit-taking and positive economic indicators.

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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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Concern for Global Recovery Goes Away, Helping Euro

posted by commodityblog 716 days ago in USD, EUR, Fundamental made popular 715 days ago

The euro extended its rally today as the concerns that the troubles in Europe would slow the global economic recovery eased and the risk sentiment among the investors improved.

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Oil hovers near US$75 on trade data from China and U.S.

posted by ezir 716 days ago in USD, Trade, Employment made popular 715 days ago

Oil prices hovered near US$75 a barrel Friday in Asia after a big jump the day before as China's booming trade and lower U.S. jobless claims lifted stock markets and confidence in the global economic recovery.

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