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EUR/AUD: Rebuilding longs

posted by Avatar Shawn 291 days ago in EUR, AUD made popular 291 days ago

By Sean Lee || August 9, 2011 at 21:42 GMT This excessive volatility tells me that we are about to enter a phase of extreme risk aversion and if that occurs then I want to be long EUR/AUD. I've re-bought EUR/AUD this morning and will look to ... read more
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Swiss Franc Rises To Fresh Record Highs Against Dollar And Pound

posted by Avatar Shawn 293 days ago in USD, CHF made popular 292 days ago

The seasonally adjusted jobless rate came in at 3 percent, in line with expectations and unchanged from June. On an unadjusted basis, the unemployment rate remained at 2.8 percent. Against the euro, the franc is now worth 1.0820. The euro-franc pair ... read more
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Heavy liquidity, ECB doubts pull down Euribor rates

posted by Avatar Shawn 297 days ago in EUR

The ECB holds its monthly policy meeting on Thursday and is expected to keep euro zone interest rates at 1.5 percent amid the ongoing debt and money market turmoil. [ID:nL6E7J12A2] As markets geared up for the meeting, the three-month Euribor rate ... read more
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C$ weaker after US debt deal, consumer data

posted by Avatar Shawn 298 days ago in USD made popular 298 days ago

The Canadian dollar fell to its weakest level since July 18 on Tuesday morning after US data showed consumer spending fell in June, adding to a sell-off of the Canadian currency that came after the US budget ... read more
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Swiss manufacturing steady but strong franc has effect-PMI

posted by Avatar Shawn 298 days ago in CHF made popular 298 days ago

Between March 2009 and June 2010 the SNB waded into currency markets to cap the franc's rise and stave off the risk of deflation, running up huge losses in the process. Although the Swiss domestic economy is relatively robust, the SNB has so far held ... read more
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Grains complex rises as US debt crisis eases

posted by Avatar Shawn 300 days ago in USD, Commodities made popular 300 days ago

A US Department of Agriculture (USDA) crop progress report, to be released after trading in Chicago ends on Monday, is likely to be the next pointer to where prices are heading. Much of the corn crop is pollinating or has just finished pollination, ... read more
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Underlying Trends in Volatile Markets, Strength in CHF, AUD, NZD and JPY

posted by Avatar Shawn 300 days ago in CHF, NZD made popular 300 days ago

There are also a number of important data to determine how far the Aussie could go, including Australia retail sales, housing, trade balance and more importantly, China manufacturing PMI. New Zealand dollar bulls will look into New Zealand job data too ... read more
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Eurozone Debt & US Default Risks Global Contagion

posted by Avatar Shawn 303 days ago in EUR, CHF made popular 303 days ago

Gold is marginally higher against most currencies today and is trading at USD 1614.40, EUR 1130.50, GBP 990.08 and CHF 1294.50 per ounce. Gold is flat against the dollar but remains just less than 1% from the record nominal high reached yesterday ... read more
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EUR/USD breaks below overnight lows

posted by Avatar Shawn 304 days ago in EUR, JPY made popular 304 days ago

The low during NY trade was 1.4338 and the low so far this session has been 1.4329. EUR/JPY selling is seemingly the main driver. Technical support is at 1.4310/25 and the first bids of note are reportedly around 1.4280. Make significant savings on ... read more
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PARKER DRILL USD : Parker Drilling to Present at EnerCom's The Oil and Gas ...

posted by Avatar Shawn 312 days ago in Commodities made popular 312 days ago

HOUSTON, July 19, 2011 /PRNewswire/ -- Parker Drilling (NYSE: PKD) announced today that W. Kirk Brassfield, senior vice president and chief financial officer, will present at EnerCom's The Oil and Gas Conference 16 in Denver, Colorado. ... read more
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Euro down as Europe's woes overshadow US debt talk

posted by Avatar Shawn 313 days ago in all made popular 313 days ago

For details, see [ID:nL6E7II0FP] Against the yen, the euro lost 0.4 percent to 111.56 EURJPY=, while the dollar slipped 0.1 percent to 79.03 yen JPY=. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ read more
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EUR/USD does a back-flip

posted by Avatar Shawn 316 days ago in USD, EUR

By Jamie Coleman || July 15, 2011 at 14:06 GMT EUR/USD slipped to 1.4093 briefly after the sharp slide in the University of Michigan consumer sentiment reading. It soon bounced back in anticipation of the Fed cushioning any blow to the economy with ... read more