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All Better?
(Click chart to enlarge) Loonie (CAD): The Loonie is slightly higher this morning as the correlative effects of higher oil prices are increasing demand, yet that same demand is dampened as money flows are leaving the Loonie and making their way to the ...
31 votes
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Manufacturing Data from China and Euro-zone Cause Concern About Global Growth
This concern could come to light if inflation continues to stay at elevated levels and the PBOC further tightens monetary policy. If combined with some weaker demand for the country's exports from US (seeing softer data of late) and Europe (sovereign ...
28 votes
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Spanish Socialists hammered in local elections
Spain's ability to meet deficit reduction targets was thrown into doubt on Monday after voters angry over austerity and the EU'S highest jobless rate gave the ruling Socialists a fierce drubbing in ...
42 votes
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Greece Downgrade Prevents EUR Bounce
Switzerland's State Secretariat for Economic Affairs (SECA) will also publish a significant consumer confidence report later today. Forex traders may look to see the euro continue falling this week so long as Greece debt fears persist.
26 votes
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Trading the Dollar, Yen, and Euro Alongside Commodity Markets
Furthermore, Japan has been in the throes of deflation for the better part of the last 20 years, meaning that the value of its debt in real (inflation-adjusted) dollars is actually increasing as the US' debt in real terms is decreasing. ...
23 votes
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C$ tips higher, eyes resource prices
The currency may not find a catalyst to move it off its perch until this Friday's jobs data from both Canada and the United States. Canada is expected to have created 22500 jobs in April. ECONCA At 8:10 am (1210 GMT), the Canadian dollar CAD=D4 was at ...
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Eastern Downturn
The Japanese government has estimated direct damages to be JPY 25trn, or $309bn, which, if confirmed, would make this disaster the world's most costly natural catastrophe to date. While damages of this scale will eventually lead to stronger ...
29 votes
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USD/CHF up during the Asian session
Meanwhile, the US Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.10% to hit 1.4792 and USD/JPY rising 0.37% to hit 81.50. ForexPros.com - Forex Pros offers a diverse set of professional tools for Forex, Futures and CFDs. ...
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US Index, EUR/USD Flows: WSJ: Consensus Growing For Asia FX Agreement ...
March s-adj jobless rate at 4.6%, jobs to applicants ratio rises to 0.63 from 0.62. Focus on IP data shortly at 2350GMT and BOJ 1-day meeting. On FX, little reaction in USD/JPY, at 82.16-20, vs yest's high of 82.82. Offers at 82.50-60 now. ...
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Rising Risk Appetite Causes Volatile Shifts in Forex Market
The USD/JPY has risen from 83.47 yesterday afternoon to 83.93 by this morning. Against the British pound, traders have witnessed a leveling-off effect as the pair consolidates around 136.40. With the economic calendar today focused on American economic ...
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Euro Trades Steady Ahead of Slow News Day
... spurned by the euro-zone interest rate hike. The EUR/USD is currently trading at 1.4463, down slightly from last Friday's high of 1.4486. The EUR/GBP, currently at 0.8836, is down marginally versus its rate at market closing last week. ...
29 votes
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Daily Market Outlook
Japan domestic CGPI; Swiss combined PPI; UK claimant count, ILO unemployment and average earnings; EU Industrial production; US retail sales and business inventories on Wednesday. Swiss ZEW index; US jobless claims and PCE index on Thursday. ...


