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Sell AUD/USD

posted by Avatar odell 1304 days ago in USD, AUD, Technical made popular 1303 days ago

Greetings! I have a simple play in mind today for the Aussie as the bulls and bears seem to be battling it out at a falling trendline. Time to swing lower?  read more
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BOJ Rate-Cut Speculation Jumps After Nikkei Report

posted by Avatar Valerie 1305 days ago in JPY, Inflation made popular 1305 days ago

Speculation the Bank of Japan will cut interest rates for the first time in seven years jumped after the Nikkei newspaper reported that the central bank may halve its target rate this week.  read more
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Bank of Japan set to cut interest rates

posted by Avatar forexbaby 1305 days ago in JPY, Inflation made popular 1305 days ago

The Bank of Japan looks poised to join a wave of global interest rate cuts to contain the financial crisis after news it was considering an easing this week unleashed market speculation that may be too strong to ignore.  read more
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Fed expected to cut key interest rate again

posted by Avatar juanpablo 1305 days ago in USD, Inflation made popular 1305 days ago

The worst financial crisis in 70 years has forced the Federal Reserve to employ all the weapons in its arsenal — including cutting interest rates to near historic lows — to try to keep the country from plunging into a deep recession.  read more
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Canadian housing market following U.S. trend, economist says

posted by Avatar kulas 1306 days ago in CAD, Housing made popular 1305 days ago

Canada's housing market is heading for a "tipping point" driven by construction activity that has been even greater than the United States, according to a report from Merrill Lynch Canada economist David Wolf.  read more
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U.K. home repossessions rose 71% in second quarter

posted by Avatar sassygirl 1306 days ago in GBP, Housing made popular 1305 days ago

Repossessions of British homes jumped by 71 percent in the second quarter, the U.K. financial regulator said, as rising borrowing costs made it harder for property owners to pay off their mortgages.  read more
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MOT #66 - Set Your Standards Higher Than Others Have For You

posted by Avatar wiredprg 1306 days ago in Trading Psychology made popular 1305 days ago

Don't forget to check out the new Mind of a Trader blog!http://www.tradingpostfinancial.com/mot-------It is not what happens to us that truly matters. It is how we approach these situations that will determine how far we are able...  read more
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Fed Creates $15 Billion Swap Line With New Zealand

posted by Avatar czarinacleopatra 1306 days ago in USD, NZD made popular 1305 days ago

The Federal Reserve authorized a $15 billion swap line with New Zealand's central bank to provide U.S. dollars in the country, the 10th such currency-exchange program aimed at easing the worldwide credit freeze.  read more
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Don't Get Cocky When Your Trading is on a Hot Streak

posted by Avatar thegearedinvestor 1306 days ago in Special, Trading Psychology made popular 1306 days ago

I'm just as guilty as every other trader for this crime. That is why I'm humbly writing this post to help you learn from my experiences.  read more
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UK Economy Contracts For First Time Since 1992

posted by Avatar MarcB 1310 days ago in EUR, GBP, Daily made popular 1307 days ago

Friday, the pound slumped to a new record low against the euro after a report showed that the UK economy contracted for the first time since 1992 in the third quarter. The third quarter GDP also dropped more than economists expected. The pound al  read more
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Yen Rises to 13-Year High as Investors Exit High-Yield Asset

posted by Avatar MarcB 1310 days ago in USD, EUR, JPY made popular 1307 days ago

The yen climbed to a 13-year high against the dollar as the prospect of a global recession prompted investors to dump higher-yielding assets funded in Japan. The dollar rose to a two-year high versus the euro.  read more
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Jobless Claims Rise More Than Expected

posted by Avatar MarcB 1311 days ago in USD, Fundamental, Employment made popular 1307 days ago

The number of U.S. workers filing new claims for jobless benefits rose by a larger than expected 15,000 last week, government data on Thursday showed, reinforcing evidence about the weak state of the labor market.  read more