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Bank of England Keeps Rates on Hold
The Bank of England kept its main interest rate steady at 5 percent on Thursday, as widely expected, despite rising inflation.
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Euro Gains On Other Majors
The euro moved higher against other majors on Thursday in New York. The European currency moved to weekly-highs against the dollar and sterling and also gained on the yen.
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Dollar Advances Versus Yen Before Bernanke, Paulson Testify
The dollar advanced against the yen before Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson testify before Congress on regulation ofmarkets.
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Is Bernanke Hinting Something About the Fed's Rate Plans?
With stocks falling close to a 2 year low yesterday, Fed President Ben Bernanke attempted to stabilize the stock market and the US dollar by saying that they they are considering “extending the duration” of their emergency lending facilities to i
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Paulson: Many foreclosures can't be helped
Treasury secretary says many who bought homes they couldn't afford may lose them; praises industry group for helping some homeowners hang on.
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German Industrial Production Surprisingly Declines in May
Indicating an economic slowdown in the Eurozone, industrial production in Germany fell unexpectedly in May.
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Canadian Dollar Falls as Price of Oil Decline
Canada's dollar fell for a third day, its longest losing streak in almost a month, after the price of crude oil dropped.
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Economic Realities Continue to Favor Inflation
Crude oil dropped sharply on Monday and backed away from its record levels. Light sweet crude for August moved to $141.07, down $4.22 on the session. Prices touched as low as $140.33 in electronic trading.
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Dollar Rises on Bets G-8 Will Support Currency
The dollar rose to the highest level against the euro in more than a week on speculation leaders of the Group of Eight nations will signal support for the U.S. currency at a meeting that starts today.
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Euro-Yen and Pound-Dollar Currency Outlook for the Week
EURJPY: Daily outlook is still flat with oscillators moving lower as Stochastic crossed; 38.2 Fibonacci support proves strong and bears will continue to try to break below to bring towards 30 June low of 166.GBPUSD: Daily outlook on the downsid
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How to Develop a Good Money Management in Forex Trading
In this article I will show you how to develop a good money management discipline in Forex trading without risking more than 0.5% of your trading capital on a single trade.Let’s say you intend to use 5,000 dollars as your starting capital to
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Euro Heads for Weekly Loss as Economy May Rule Out Rate Rise
The euro headed for a weekly decline against the dollar on speculation a worsening European economic outlook will rule out future interest-rate increases.


