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Unemployment fall puts pressure on rates

posted by Nica 716 days ago in AUD, Employment made popular 716 days ago

A sharper than expected fall in unemployment could pressure the RBA to increase rates at its next meeting.

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US jobless claims shrink; trade gap widens

posted by makino 716 days ago in USD, Employment made popular 716 days ago

The number of US workers filing claims for jobless aid fell modestly last week as the labor market recovery struggled for momentum, while a slip in exports in April supported views of moderate economic growth.

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US budget deficit shrinks but debt soars

posted by konata 716 days ago in USD made popular 716 days ago

The US government’s budget deficit shrank 28 per cent year-on-year to $US135.93 billion ($164 billion) in May, the Treasury Department said on Thursday.

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Central Bank president says Brazil ready to face European

posted by hanayoridango 716 days ago in EUR made popular 716 days ago

Brazil's Central Bank President Henrique Meirelles said on Thursday that the country is ready to face the European crisis.

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Yen falls as prime minister Hatoyama resigns

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

The yen yesterday fell against its major counterparts amid speculation that Finance Minister Naoto Kan would succeed Prime Minister Yukio Hatoyama, who resigned yesterday.

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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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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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Euro above $1.22 and ahead of four-year lows

posted by christine 724 days ago in EUR made popular 724 days ago

The euro is trading above $1.22, and ahead of its latest four-year low against the dollar.

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Yen Slumps on Political Uncertainty

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

With the yen falling on Japan's political uncertainity, Rob Rennie, currency strategist at Westpac Bank, speaks to CNBC's Karen Tso and Martin Soong about his outlook for the currency.

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Australia boasts trade surplus as exports surge

posted by jerome 724 days ago in AUD, Trade made popular 724 days ago

Australia reported its first trade surplus in 13 months in April as booming exports of iron ore and coal helped lift earnings by over A$2 billion, a dramatic turnaround that is set to fuel economic growth this year.

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