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Canada’s trade deficit widens

posted by jirachi 836 days ago in CAD, Trade made popular 836 days ago

Canada’s trade deficit widened in December to 246 million Canadian dollars ($230 million) from 201 million ($188 million) the previous month, a government agency reported Wednesday.

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U.S. consumer confidence falls in Feb

posted by jirachi 837 days ago in USD, GDP, Employment

U.S. consumer confidence fell in February to near a level seen at the beginning of the recession, as high unemployment and some stock market weakness sapped January's optimism, a research group said on Tuesday.

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USD Edges Off 7-month High With Europe In Focus

posted by jirachi 838 days ago in USD, EUR

The dollar declined slightly on Monday as investors reconsidered the impact of fiscal problems in some of Europe's smaller economies, or a possibly rescue effort from their stronger neighbors, that drove the greenback to a seven-month high versus

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Decent offers emerge in EUR/USD

posted by jirachi 838 days ago in USD, EUR made popular 838 days ago

Traders report having to buy several hundred EUR/USD in the last little while and they have come without difficulty.

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Euro losing allure as substitute to greenback

posted by jirachi 839 days ago in USD, EUR

Investors are pulling cash out of Europe at a record pace as central banks slow euro purchases, jeopardising its status as a substitute to the US dollar as the world’s reserve currency.

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Forex Market Can Be Very Difficult

posted by jirachi 840 days ago in Special made popular 840 days ago

In short words, Forex market can be very difficult. Of course trading one currency pair against another in working for revenue can seem simple and sound like an easy question of going for a minimal fluctuation’s trend, but the reality is it’s muc

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US markets, lower after mixed jobless data

posted by jirachi 840 days ago in USD, JPY, Employment made popular 840 days ago

US markets are turning lower after a flat opening, following a mixed...

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Oil futures trade near $73 a barrel after US payrolls report

posted by jirachi 841 days ago in USD, Oil, Employment

Oil futures straddled the $73-a-barrel level in volatile trading Friday after the government reported that the U.S. unemployment rate edged lower in January, but nonfarm payrolls unexpectedly declined.

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Gold Climbs For Third Day as Declining Dollar Boosts Demand

posted by jirachi 844 days ago in USD, Gold, Metals made popular 843 days ago

Gold gained for a third day as the dollar extended a decline, fueling investor appetite for the metal as an alternative asset. Silver also climbed.

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US investment bank nails USD/JPY

posted by jirachi 847 days ago in USD, JPY made popular 847 days ago

Traders say a big US investment bank sold about $400 dollar yen a short while ago, dropping the pair back to the 90.20s. Stocks are losing altitude and EUR/JPY is on the slide, it should be noted. USD/JP[Y remains a very tough dollar

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Bank's rate rise 'hammers those teetering on edge'

posted by jirachi 847 days ago in EUR, Housing made popular 847 days ago

A BANK attempted to calm customer anger yesterday after it confirmed it is to hike interest rates for 80,000 mortgage holders by 0.5pc.

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BoJ statement due in next few hours

posted by jirachi 852 days ago in EUR, JPY made popular 852 days ago

The market had looked for a while as if it was going to treat us to a nice volatile day but unfortunately the momentum is fizzling out and traders are squaring up ahead of the BoJ event risk. EUR/JPY has fallen back towards 128.00 after posting a

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