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Bulgaria's euro zone plans jeopardized by budget deficit

posted by mateo 791 days ago in EUR, Trade made popular 791 days ago

Bulgaria has run into an excessive deficit, which could foil its plans to join the euro zone, Prime Minister Boyko Borisov said on Saturday.
Borisov was quoted by the BTA news agency as saying an extra deficit in excess of 1 billion euros had re

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How To Get The Best Forex Trading Education

posted by mateo 792 days ago in USD, Special made popular 792 days ago

Today more than 100 million people around the world are involved in Forex trading market, which is considered to be the largest financial market with the daily turnover is about $3 trillion.

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Pak rupee dips against dollar

posted by mateo 792 days ago in USD made popular 792 days ago

The slight dip came a day after the rupee hit yearís high on the back of improved supply of dollars from the exporters. But the Pakistani currency failed to sustain its gains. The rupee closed at Rs83.79/85 against the dollar, compared with Rs83.

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Gold approaches $1 100/oz as Greece plan lifts euro

posted by mateo 792 days ago in USD, Gold, Trade made popular 792 days ago

Gold rose towards $1 100 (R8 184) an ounce in Europe on Friday as the euro rebounded against the dollar after euro zone leaders agreed to create a joint financial safety net with the IMF for debt-laden Greece.

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Weak Dollar Is a Huge Draw for Foreign Investors in US Real

posted by mateo 793 days ago in USD, Housing made popular 793 days ago

The weak US dollar has been good news for real estate. Taking advantage of the favorable conversion rates, foreign investors are eagerly picking up real estate in major cities across the US. Who is buying and where are they investing?

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U.S. jobless claims fall

posted by mateo 793 days ago in USD, Employment made popular 793 days ago

The number of U.S. workers filing for jobless aid fell sharply last week and a gauge of underlying labour market trends hit a 1-1/2 year low, boosting hopes the economy is on the verge of creating jobs.

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Yen Advances Speculation; Japan’s Exporters Buying Currency

posted by mateo 794 days ago in JPY, GDP made popular 794 days ago

The yen strengthened against the dollar on speculation Japanese exporters were buying the currency to take advantage of its drop to a 10-week low.

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Oil slips to around US$80 on dollar

posted by mateo 796 days ago in USD, EUR, Oil made popular 796 days ago

The euro slipped to a three-week low against the dollar on Monday, pressured by uncertainty about whether Greece would be able to secure aid this week to help service its ballooning debts.

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Interest Rates and the Housing Bubble

posted by mateo 798 days ago in USD, Inflation, Housing made popular 798 days ago

Well, in 2006 interest rates in the counterfactual would have averaged 1/2 of a percentage point more than they did in reality; in 2005 interest rates would have averaged 3 percentage points more than they did in reality; and in 2004 interest rat

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Faber Expects U.S. Interest Rates to Stay at Zero Forever

posted by mateo 798 days ago in USD, Inflation made popular 798 days ago

"I think interest rates forever in the US will be at zero. By zero I mean below the rate of inflation" Marc Faber told CNBC. A slowing U.S. Economy will be followed by more money printing that will prevent a stock market crash. Eventually Governm

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Crude slips below $82 as dollar strengthens

posted by mateo 799 days ago in USD, Oil

Oil slipped below $82 a barrel yesterday as the dollar strengthened against the euro on worries over Greece's debt problems, and after an industry report suggested OPEC exports were rising.

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NZ dollar near 2-year high vs euro as Greece weighs

posted by mateo 800 days ago in NZD, Trade made popular 800 days ago

The New Zealand dollar held close to a two-year high against the euro on Friday as lingering worries about Greece's debt problems weighed on investors.

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