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AUD/USD, shy movements in Asia

posted by Avatar ceronueve 289 days ago in AUD

AUD/USD opened Thursday's trade at 1.0174, dipped into the 1.0110 price zone in early Asia then rebounded from those session lows, advancing into the 1.0360 area before a slight pullback the close the session at 1.0349, ... read more
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More of the Same Panic and Fear; Gold Rallies to Yet Another Record High

posted by Avatar ceronueve 290 days ago in CHF, Commodities

Fear and panic remain firmly in control, and gold prices continue to soar to record highs beyond $1800. The US Dollar has been a major beneficiary of the safe haven liquidation, while the Franc and Yen are also incredibly well bid. ... read more
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Pound falls across the board

posted by Avatar ceronueve 291 days ago in GBP

GBP/USD retreated further after being unable to hold above 1.6400 and tumbled to 1.6175. The pair is headed toward the lowest daily close in 20 days. The Pound weakened earlier following the release of economic data in the UK, regarding manufacturing ... read more
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EUR/USD, AUD/USD Flows: ECB to intervene in mkt for Italian and ...

posted by Avatar ceronueve 293 days ago in EUR, AUD

The disparity could be seen in AUD which actually opened lower and continued to dip against the dollar. Big level for AUD at 1.0303, with massive stops below. CL Make significant savings on your international money transfers using FXstreet.com's Global ... read more
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Daily Forex Summary on USD, Euro, GBP, JPY, AUD, CAD and NZD

posted by Avatar ceronueve 295 days ago in NZD, Economic Indicators made popular 295 days ago

However, after a string of weak data ranging from a bad reading of GDP, ISM manufacturing slowing to a near standstill, an increase in mass layoffs, and a drop in consumer spending, it remains to be seen if these gains are sustainable. ... read more
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Flash: USD now only real choice in a risk-off environment UBS

posted by Avatar ceronueve 295 days ago in USD made popular 295 days ago

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more
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C$ hits session low on US consumer data

posted by Avatar ceronueve 298 days ago in USD, CAD made popular 298 days ago

The Canadian dollar slipped to its weakest since July 18 on Tuesday after US data showed consumer spending fell in June, an unexpected decline that suggested the economic growth of Canada's largest trading partner could be subdued in the ... read more
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USD/CHF weekly outlook: August 1- 5

posted by Avatar ceronueve 300 days ago in CHF made popular 300 days ago

USD/CHF hit 0.8154 on Monday, the weekly high; the pair subsequently consolidated at 0.7853 by close of trade on Friday, plunging 3.24% over the week. The pair is likely to find short-term support at 0.7800 and resistance at 0.8068, the high of July 26 ... read more
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USD/JPY bottoms out at 78.30

posted by Avatar ceronueve 310 days ago in USD made popular 310 days ago

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more
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German manufacturing PMI drops to 21-month low in July

posted by Avatar ceronueve 310 days ago in CHF

Following the release of the data, the euro was up against the US dollar, with EUR/USD gaining 0.32% to trade at 1.4261. Meanwhile, European stock markets were mixed after the open. The EURO STOXX 50 climbed 0.15%, France's CAC 40 dipped 0.25%, ... read more
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Eurozone Trade Gap Narrows In May

posted by Avatar ceronueve 316 days ago in EUR, Commodities made popular 316 days ago

Meanwhile, import growth slowed to 0.2 percent from 0.8 percent. The slowdown in import growth suggests that domestic demand in the euro area is slowing, Archer said. Oil prices fell back in May after peaking in April, reducing import values. ... read more
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Euro finds reprieve, Aussie gains on soothing China data

posted by Avatar ceronueve 319 days ago in USD, EUR, JPY, CHF made popular 319 days ago

The Japanese yen, which has benefited from the euro's woes, hit a four-month peak against the dollar and many other currencies in thin, early Asian trade, but it then stepped back from highs in line with an easing in overall risk aversion trade. ... read more