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Manufacturing Data Could Result in Dollar Gains Tomorrow

posted by Avatar inflationcoming 10 days ago in AUD, Economic Indicators made popular 10 days ago

The greenback also saw gains against the Australian dollar. The AUD/USD fell as low as 0.9868 before moving upward during mid-day trading. Turning to tomorrow, dollar traders will want to pay attention to the US Unemployment Claims figure at 12:30 GMT, ... read more
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EUR/USD Fluctuates as Fundamentals Drag Down Both Currencies

posted by Avatar commodityblog 10 days ago in USD, EUR, Fundamental made popular 10 days ago

EUR/USD fluctuated today. The euro is still suffering from the crisis in Europe, while the dollar was weighed down by prospects of additional stimulus. read more
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Silver Trading Down Near 2011 Low

posted by Avatar FXTimes 10 days ago in Technical, Daily, Metals made popular 10 days ago

Silver has been persistently bearish. Commodity prices, gold and silver have all been in a downtrend as the USD surges in the risk aversion environment in May. The moving averages are in bearish orientation, and the RSI is below 30. This means th read more
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Bombardier Transportation Celebrates 20 Years of Success in Mexico

posted by Avatar recessionfear 10 days ago in all made popular 10 days ago

Bombardier Transportation, a global leader in rail technology, celebrates an important milestone with 20 years of sustained and successful presence in the Mexican rail manufacturing industry. read more
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Grexit No More, Spain For EUR

posted by Avatar butterscotch 10 days ago in EUR, CAD made popular 10 days ago

Even a surprisingly pleasant UK benefits count and an ease in the ILO jobless rate to +8.2% has been trumped by the greater concern over growth and risks from the Euro area than investors had expected. The EUR position chart has not changed much in the ... read more
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US Dollar Mixed as Euro Holds on to Gains

posted by Avatar MMarquit 10 days ago in USD made popular 10 days ago

US dollar is mixed today as gains against the pound and the yen are offset to some degree by the way the euro is managing to eke out gains in spite of the turmoil over Greece. However, even with this small setback against the euro, the US dollar read more
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GBP/USD Losing Further Ground, Next Target 1.59

posted by Avatar alexandria 10 days ago in USD, EUR, CAD, AUD made popular 10 days ago

On Tuesday Pound/Dollar decreased significantly with almost 130 pips. The Cable depreciated from 1.6115 to 1.5988 yesterday, in converse with the positive money flow sentiment at almost +12%, closing the day at 1.5991. Today the British Pound dipped ... read more
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European Factors to Watch - Fresh 2012 troughs seen for stocks

posted by Avatar Reno 10 days ago in all made popular 10 days ago

European stock index futures pointed to a sharply lower opening on Wednesday, with major bourses set to plumb fresh 2012 troughs as investors fret about a possible Greek exit from the euro zone and falling global demand for ... read more
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Euro/USD Sharply Fell on Tuesday –Daily Recap May 15

posted by Avatar lchammer 10 days ago in USD, EUR, Daily made popular 10 days ago

The Euro/USD continued its descent and as reaching its lowest level since January 2012. The recent news of the higher than expected growth in Germany's GDP by 0.5% in the Q1 of 2012 didn't slow down the fall of the Euro; the anxiety is still high read more
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USD/JPY Forecast May 16, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in USD, JPY, Technical made popular 10 days ago

The USD/JPY pair rose during the Tuesday session as the Dollar gained against almost all currencies. The pair has been sitting at the 80 handle for several sessions now, and it looks as if the level could cause a bounce. It would make sense if it read more
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Crude Oil Fundamental Analysis May 16, 2012, Forecast

posted by Avatar FXEmpire 11 days ago in Fundamental, Daily, Oil made popular 11 days ago

Analysis and Recommendations:

Crude Oil is trading at 94.53 down 0.25 in today’s session. U.S. crude prices dropped towards $94 a barrel on Tuesday, pressured by concerns that Europe would slip into a worse-than-expected recession. NYMEX crude read more
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EUR/USD Fundamental Analysis May 16, 2012, Forecast

posted by Avatar FXEmpire 11 days ago in USD, EUR, Fundamental made popular 10 days ago

Analysis and Recommendations:

The EUR/USD continued to fall today, dropping below the 1.27 price and remaining in that territory. The pair closed the European session at 1.2767. The pair will most likely remain depressed until we see some outc read more