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Budget: Are Things Looking Up?

posted by closingtrade 1111 days ago in Fundamental made popular 1111 days ago

Business conditions are on the improve, having bounced well clear from the gloomy levels set in January and February, according to the latest monthly survey from the National Australia Bank.

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NZ dollar retreats from six-month high

posted by ChocoFudgeCake 1111 days ago in NZD made popular 1111 days ago

The New Zealand Dollar retreated overnight after hitting a new six-month high against the greenback around US61.25c during the evening.

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UK:Workers forced into part-time employment

posted by posh 1111 days ago in GBP, Employment made popular 1111 days ago

One in nine of people in part-time work are only doing so because they can't find full-time employment, research claims.

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UK: Police under pressure as recession crime increases

posted by aranel 1111 days ago in GBP, Fundamental made popular 1111 days ago

Police are expecting to come under increasing pressure during the next three years due to a predicted rise in property crime as a result of the current recession.

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Dollar Rebounds from 4-Month Low; Yen Gains

posted by Lacy 1111 days ago in USD, JPY

The dollar rose Monday, rebounding from a four-month low as investors booked profits on a rally in riskier assets last week while persistent economic worries boosted the greenback's safe-haven appeal.

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Credit-Card Reform Bill Goes Before Senate Later Today

posted by inflationcoming 1111 days ago in Fundamental

The Senate will take up high-profile credit card reform legislation Monday afternoon, two days after President Obama urged lawmakers to follow the lead of the House of Representatives and pass the legislation so he could sign it into law Memorial

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Pound plunges to 2-week low against Swiss franc

posted by Sylvanna 1111 days ago in GBP, CHF

The UK's sterling lost further ground against its major opponents on Monday morning in New York. The pound tumbled to a 2-week low of 1.6689 against the Swiss franc, 12-day low of 0.9018 against the euro and a 10-day low of 146.8 against the Japa

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Dollar slides against most majors

posted by HarrisClan 1111 days ago in USD

Monday morning in New York, the US dollar showed weakness against most of its major counterparts. The greenback slipped to 1.1043 against the Swiss franc and 1.3633 versus the euro around 10:20 am ET from previous highs of 1.1109 and 1.356, respe

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British Pound Sterling Commentary for the week of 05/08/2009

posted by provision 1111 days ago in GBP, Weekly made popular 1111 days ago

The British pound ended the week up 2.3% against the US dollar in a week when risk currencies were broadly higher against the greenback, indeed the highest in about 5 months.

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Gold Daily Commentary for May 11, 2009

posted by sassygirl 1111 days ago in Daily, Gold made popular 1111 days ago

Gold is turning back from our 2nd tier uptrend line after the precious metal was unable to power through our 2nd tier downtrend line. Gold continues to experience an odd, positive correlation with U.S. equities.

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USD/JPY: Understanding the Erratic

posted by fx360 1111 days ago in USD, JPY, Daily made popular 1111 days ago

Over the past two weeks, reversal of recession trades have pushed the U.S. dollar and Japanese Yen lower. However today's lack of economic data from the U.S. has led to profit taking in the currency market. However the correction is most likely a

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Canadian Currency Weakens on Speculation Recent Gains Overdo

posted by moneymatters 1111 days ago in CAD made popular 1111 days ago

Canada’s dollar dropped after six straight weeks of gains as crude oil and U.S. stock-index futures fell amid speculation that recent advances may have been overdone.

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