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Jobless benefits to expire as Congress fails to act

posted by erzon 792 days ago in USD, Employment made popular 792 days ago

Hundreds of thousands of jobless Americans could face further financial strain in coming weeks after Congress failed to extend the unemployment benefits that help them pay the bills while they look for work.

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Swiss KOF Institute Raises Swiss Growth Forecasts

posted by erzon 792 days ago in CHF made popular 792 days ago

Meanwhile EUR/CHF has advanced as high as 1.4312 so far this morning, presently at 1.4305.

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Retail Markets Will Show Signs of Stabilization in 2010

posted by erzon 793 days ago in USD, Retail Sales

Colliers International, a leading global real estate services firm, today issued its 2010 Retail Trends and Opportunities report. Per Colliers’ report, while retail vacancies will stabilize in many markets, we’re not out of the woods yet, as new

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Euro stays weak against greenback

posted by erzon 793 days ago in USD, EUR made popular 793 days ago

The euro staged a tentative recovery against the dollar on Thursday and inched up after plummeting below $1.33 during Asian hours.

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EU friction predicts further pain for euro

posted by erzon 794 days ago in EUR made popular 794 days ago

Currency markets are on edge as speculation swirls over whether a two-day meeting of the member states of the European Union beginning today in Brussels will be able to come to an agreement on a proposed bailout of Greece.

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Gold edges down as dollar firms

posted by erzon 796 days ago in USD, Gold, Trade made popular 796 days ago

Gold prices edged lower in Europe on Monday as the euro retreated, but were set to remain in a relatively narrow range as traders awaited the outcome of talks on a bail-out of debt-laden Greece.

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US Dollar Spikes Up Against Most Major Rivals

posted by erzon 798 days ago in USD, GBP, GDP made popular 797 days ago

The US dollar spiked up against major currencies in New York trading on Friday. Extending previous session upward trading, the greenback advanced further against the euro and the British pound in today’s mid-day deals.

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Trips to U.S. rise with Canadian dollar

posted by erzon 799 days ago in CAD

As the Canadian dollar creeps closer to parity with the American dollar, more Vancouverites are planning trips to the U.S., according to Canadian travel agencies.

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New homes plan under way again

posted by erzon 800 days ago in GBP, Housing made popular 800 days ago

The first phase, focussing on the development of 144 affordable new homes, will start imminently.

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Sterling buoyed by unemployment data

posted by erzon 801 days ago in USD, GBP, Employment

After last nights dovish statement by the FOMC the US dollar has continued to come under pressure with sterling being one of the main beneficiaries. The pound was also helped by better than expected employment data with the unemployment rate sho

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The loonie rally is also due to oil and gold prices rising

posted by erzon 804 days ago in CAD, Gold, Oil made popular 804 days ago

The US dollar strengthened against a basket of currencies overnight, but gave back its gains after mixed economic data. Data from the Commerce Department said retail sales unexpectedly rose 0.3% in February as consumers bought an array of goods f

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USD/CAD: Support Holds At 1.0155

posted by erzon 804 days ago in USD, CAD made popular 804 days ago

I know nothing about USD/CAD, let’s make that clear from the outset, yet I do get some good pieces of information there from time to time. I was told last week by a professional trader that if you want to be long, make sure your stops are below 1

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