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Gold falls for second month as $US advance erodes demand

posted by jonell 847 days ago in USD, Gold made popular 847 days ago

Gold fell, capping a second straight monthly decline, as a stronger dollar curbed the metal's appeal as an alternative investment.

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Gold rises as U.S. GDP grows more than expected

posted by jonell 848 days ago in USD, Gold, Inflation

Gold futures rose on Friday, after the U.S. reported growth rose more than expected in the fourth quarter, lifting the value of the precious metal as a hedge against inflation, even as a rising dollar capped gold's gains.

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Recession has 'deep impact' on jobs

posted by jonell 853 days ago in GBP, GDP, Employment made popular 853 days ago

The impact of the recession on unemployment is deeper than headline figures suggest, a report suggests.

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Euro is an orphan against US Dollar

posted by jonell 854 days ago in USD, EUR made popular 853 days ago

Buy/Sell Your Commodities Enter your commodity buy/sell offers to reach global buyers, importers, exporters. Related Stories By Sol PalhaIn the last two weeks of December we made the following commentsIn the short to intermediate time frames.

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Crude oil prices hold under $76

posted by jonell 855 days ago in USD, Oil

Crude oil prices held steady overnight in New York, staying near $76 per barrel despite equity markets tumbling for the second consecutive day.

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Gold skinks on stronger US dollar

posted by jonell 857 days ago in USD, Gold made popular 857 days ago

Platinum prices relinquished an earlier spike to 17 month highs at $US1,654 per ounce, with positive sentiment from the recent launch of new exchange-traded funds overrun by a resurgent dollar.

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UK Dec. Inflation Rises More than Expected

posted by jonell 858 days ago in GBP, Inflation made popular 858 days ago

UK consumer price inflation rose to a nine-month high in December, data showed Tuesday. "Most of today's rise reflects the VAT cut (of) a year ago (and) the effects of that," Ross Walker from Royal Bank of Scotland said. "Nevertheless, there seem

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Forex: Dollar Pauses For Jobless Figures; ECB Holds Steady

posted by jonell 860 days ago in USD, Weekly, Employment made popular 860 days ago

The dollar held its ground versus other majors Thursday morning in new York as traders looked ahead to another glimpse at the US jobs market, with the release of the government’s weekly jobless claims figures.

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Forex Reserves in Transition: Is the Euro Making a Run?

posted by jonell 860 days ago in EUR made popular 860 days ago

With so much to think about these days, I havn’t spent much time poring over foreign exchange reserve statistics. Apparently, this is to my detriment, as there have been a number of important developments on this front, some of which carry far-re

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US inflation lower than forecast

posted by jonell 862 days ago in USD, Inflation made popular 862 days ago

The cost of living in the US slowed in December from a month earlier, indicating the economic recovery is showing few signs of stoking inflation.

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USD Strength Rises on Mixed Corporate Earnings and CPI Data

posted by jonell 862 days ago in USD, Weekly

Financial markets underwent increased volatility following mixed quarterly results from JP Morgan Chase and an uptick in US CPI data. Overall risk sentiment seems to be softening as Traders and Investors take defensive positions ahead of addition

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Job loss among men has pushed more women on to benefits

posted by jonell 863 days ago in GBP, Employment

One of the main long-term consequences of job loss among men has been to push more women out of the labour market and on to incapacity benefits, a new report by academics at Sheffield Hallam and Dundee Universities has found.

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