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A relieved USD climbs further up

posted by Avatar blitz 339 days ago in USD, JPY made popular 339 days ago

'I think the fact Bernanke didn't sound overtly dovish helps the USD; the weaker growth forecasts and slide in equities helps the USD against riskier higher yielder, while the heightened inflation expectations should help the USD against the JPY. ... read more
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Weaker ZEW Weighs on Euro

posted by Avatar blitz 340 days ago in EUR made popular 340 days ago

@import url(/css/cuteeditor.css); EUR/USD held its ground for most of Asian and early European trade ahead of the crucial confidence vote by the Greek Parliament but came under some selling pressure in morning European dealing after weaker than ... read more
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Dollar Index Shows Sideways Price Action

posted by Avatar blitz 341 days ago in USD made popular 341 days ago

By DailyFX 06/20/11 - 03:04 PM EDT The Dow Jones-FXCM US Dollar index pared the advance to 9661.78 to hold within Friday's range, and the greenback may continue to trade sideways ahead of the FOMC interest rate decision as investors weigh the prospects ... read more
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Greece aid delay pushes dollar broadly higher

posted by Avatar blitz 341 days ago in EUR

The greenback was up against the euro, with EUR/USD dropping 0.75 percent to hit 1.4205 during early European trading. Get the sources most relevant to you and access information as it happensfrom breaking forex news to updates from other traders. ... read more
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US: North American Summary and Highlights 17 Jun

posted by Avatar blitz 344 days ago in USD, JPY made popular 344 days ago

USD/JPY has suffered from limited breadth and depth of interest all week and Fri was been no exception. Dealers, apparently long JPY, have been searching for bids and they have scared them away as prices drifted lower through the session from highs of ... read more
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Euro drops as Greece wrangling sours mood

posted by Avatar blitz 347 days ago in EUR

The euro was down 0.2 percent at $1.4414 after reaching an Asian session high of 1.4451 on EBS early on Wednesday after better-than-expected US retail sales and Chinese inflation data boosted risk appetite the day before. The euro briefly dipped below ... read more
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EUR/JPY rallies as pre-weekend shorts cover

posted by Avatar blitz 349 days ago in EUR

On another note, I betcha that blogging about your trades helps you trade better? A bit like keeping... Paul: Sean, LOL, 1 in 3 chance, that is worse than my local weather man. Him, Taleb, and Faber always come out after 7% SPX correction to exactly ... read more
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Bernanke Comments May Shift Focus to Europe as Japan Posts Bullish Data

posted by Avatar blitz 354 days ago in USD, EUR made popular 354 days ago

The Japanese yen (JPY) has been trading with largely positive results since Friday as investors turn their focus towards news out of the United States. Fed Chairman Ben Bernanke's remarks yesterday about US interest rates has many traders buying back ... read more
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AUD/USD rises to session highs above 1.0700

posted by Avatar blitz 354 days ago in AUD

Currencies linked to commodities are strengthening tracking the bounce in stocks and oil. AUD/USD has climbed to a peak of 1.0736 and currently is trading right below that level, recording a 0.2% gain on the day. Next resistance for the cross could be ... read more
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UK House Prices Rise Modestly In May: Halifax

posted by Avatar blitz 354 days ago in GBP made popular 354 days ago

Low earnings growth, higher taxes and relatively high inflation are all putting pressure on household finances, the economist added. Prices in the three months to May were 1.2 percent lower than in the previous three months; unchanged from April. ... read more
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Latest News in Global Markets

posted by Avatar blitz 356 days ago in AUD made popular 356 days ago

The unemployment rate rose slightly to 9.1%from 9% as more people joined the labour force. The US equity markets were all softer which continued the trend of the last several days and the AUD weakened as well initially before bouncing back due to more ... read more
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Risk trades reversing overnight falls

posted by Avatar blitz 360 days ago in EUR made popular 360 days ago

... and GBP/JPY, now on look out for next opportunity. eddy: Hi Sean, NOT buying the Euro below 1.4270..it is a reversal already for down trend We should buy if it is not broken 1.4270 Buy on... crc: Australia 'headed for recession' after ... read more