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Seoul shares seen down for 6th-straight day on Greece woes

posted by Avatar kimclaud 11 days ago in EUR made popular 11 days ago

Investors may find some solace after Germany posted stronger-than-expected growth in the first quarter while underlying strength in demand and a rebound in manufacturing activity in New York State calmed concerns that the US economy was stalling. read more
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Euro Gets Pummeled, Global Markets Fall - Chris Capre

posted by Avatar Chris-Capre 11 days ago in USD, Technical, Daily made popular 11 days ago

Euro Gets Pummeled, Global Markets Fall - Chris Capre read more
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Short EUR/AUD as trade recommendation

posted by Avatar mattypark 11 days ago in EUR, AUD made popular 11 days ago

EUR/AUD could easily fall to 1.2500 multi-week" Sean Callow, FX Strategist in Sydney. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as ... read more
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NZD suffers from toxic mix of global risk aversion and weakening domestic ...

posted by Avatar stephenie 11 days ago in NZD made popular 11 days ago

Early this morning the NZD/USD skidded to fresh lows for the year below 0.7700. Yesterday's NZ GDP revisions certainly did the NZD no favours. The downward revisions to 2011 annual growth (to 1.1% from 1.4%) kicked off a bout of NZD/AUD selling that ... read more
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EUR/USD update (15th May 2012, 15:15)

posted by Avatar butterscotch 11 days ago in EUR, Economic Indicators made popular 11 days ago

On the other hand, official figures released today showed that French GDP growth came in at the expected 0% in the three months to 31 March. EUR/USD trended down as worse-than-expected Italian GDP figures were released. The GDP for the first quarter ... read more
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USD Remains Strong Despite March Business Inventories Grew Less Than Expected

posted by Avatar jingco 11 days ago in USD made popular 11 days ago

According to a report issued by the Commerce Department today, manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, rose 0.3 percent to $1580.2 billion in March, following a 0.6 percent gain in February and ... read more
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GBPUSD Bangs On Trend Line And Fibo Support

posted by Avatar ejc 11 days ago in GBP, Technical, Daily made popular 11 days ago

The GBPUSD is banging against trend line support on the daily chart and the 61.8% of the move up from the April 16th low to the high reached on April 30th 2012. Those levels come in at 1.5996 and 1.6001y respectively.....more. read more
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ForexLive: AUDUSD Consolidates At The Lower Extreme

posted by Avatar ejc 11 days ago in AUD, Technical, Daily made popular 11 days ago

The AUDUSD has been consolidating at the lows over the last day or so. The price is also testing the 61.8% of the move up from the October 2011 low. That level comes in at the 0.994664 level. The low today came in at 0.9944. A move below this le read more
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Pound Slides To Fresh 3-week Low Against Dollar

posted by Avatar CommodityTip 11 days ago in all made popular 11 days ago

On the downside, the pound may find target around the 0.8030 level. The German economy expanded more than expected in the first quarter of 2012, data released by the Federal Statistical Office showed today. Gross domestic product rose 0.5 percent from ... read more
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Free FX Trading Guide Following JPMorgan Loss and Greek Woes

posted by Avatar mintchocolate 11 days ago in all

For example, you decide to go short and sell the GBP/USD currency pair following recent news from JPMorgan and Greece, which has weakened the value of the British pound. This means you simultaneously sell the first currency (GBP) and buy the second ... read more
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EUR/GBP Forecast May 15, 2012, Technical Analysis

posted by Avatar FXEmpire 12 days ago in EUR, GBP, Technical made popular 11 days ago

The EUR/GBP pair fell hard during the session on Monday as the woes in Europe continue. The pair is a simple measuring of how bad the Euro really is. Granted, the British economy will be affected by troubles in the European Union, and the Brits e read more
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European Factors to Watch-Shares set to extend Monday's drop

posted by Avatar forexanalysis 12 days ago in all made popular 12 days ago

... USD/JPY 79.86 0.01 % 0.0100 10-YR US TSY YLD 1.776 -- 0.01 10-YR BUND YLD 1.460 -- 0.02 SPOT GOLD $1553.96 -0.17 % -$2.69 US CRUDE $94.15 -0.66 % -0.63 GLOBAL MARKETS-Shares fall again as Greek risks dominate S&P 500 down for 4th day of five, ... read more