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UK consumer upbeat about rest of year

posted by sophia 1054 days ago in GBP, Consumer made popular 1054 days ago

British consumers are feeling increasingly positive and confidence levels are now close to those recorded last year, according the Nationwide consumer confidence index published today.

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USD down in weak finish

posted by hinata 1054 days ago in USD made popular 1054 days ago

THE dollar has opened lower after increasingly pessimistic investors turned away from riskier assets during offshore trade.

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Manufacturing output slump

posted by jasumine 1054 days ago in GBP, Manufacturing made popular 1054 days ago

MANUFACTURING output fell by 0.5 per cent in May, according to official data released yesterday by the Office for National Statistics, reducing the likelihood that the UK economy returned to growth in the second quarter.

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Gold gains slightly as dollar bounces

posted by megumi 1054 days ago in USD, Gold made popular 1054 days ago

Gold futures on the COMEX Division of the New York Mercantile Exchange ended higher in an up-and-down session on Tuesday as the dollar pared its loss. Silver and platinum both went down.

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Oil prices slump under US$63

posted by camac 1054 days ago in USD, Oil made popular 1054 days ago

Oil prices dived underneath 63 dollars per barrel on Tuesday, hitting the lowest levels since May, amid heightened concerns about energy demand in a struggling global economy.

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USD/JPY Bias Up

posted by hersko915 1054 days ago in USD, JPY, Fundamental made popular 1054 days ago

Read the latest expert analysis written by industry professionals. Check out this site for up to date analysis on the usd/jpy pair.

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Euro gains against dollar and yen on German data

posted by mateo 1054 days ago in EUR made popular 1054 days ago

The euro rose against the dollar and yen yesterday as an unexpected increase in German factory orders gave a boost to investors looking for signs of economic recovery and raised risk tolerance.

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So You Think Gold Fell Due To A “Strong Dollar”?

posted by Cittiperth 1058 days ago in USD, Special, Gold made popular 1058 days ago

Just a month ago, the Dow Jones Industrial Average was completing a bizarre run from 6,800 to 8,800, following the monster decline from 14,000 less than a year ago.

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Market Commentary - 3rd July 2009

posted by forexclaim 1058 days ago in Fundamental, Daily made popular 1058 days ago

A much weaker than anticipated US non farm payrolls report for June has cast doubts on the outlook for the economy, overshadowing the improving tone of other recent indicators and pushing up risk aversion once again.

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Euro recovers from sharp falls vs dollar

posted by HarrisClan 1058 days ago in USD, EUR made popular 1058 days ago

The euro recovered modestly against the dollar on Friday after falling sharply in the wake of bleak US jobs numbers which dampened hopes of a global recovery, though trade was quiet due to a US public holiday.

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Won Leads Weekly Gain as Export Slump Eases

posted by WebMarket 1058 days ago in JPY, Fundamental

Asian currencies gained this week, led by South Korea’s won, as data indicated regional exports are improving as a global recession abates.

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German lower house approves "bad bank" plan

posted by dennis 1058 days ago in EUR, Fundamental made popular 1058 days ago

Germany's Bundestag lower house of parliament approved a "bad bank" plan on Friday that aims to relieve banks by enabling them to shift billions of euros in troubled assets off their books.

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