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Sterling bounces with risk; fiscal cuts to weigh
Sterling pared losses versus the dollar on Monday as it tracked a slight easing in risk aversion and on speculation of corporate demand, but analysts warned austerity measures would likely weigh on the currency.
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Forex Trading Journal: Recap and New Trade
ello traders, this trading journal is harder than I thought because I am having trouble keeping up with the trades :) That is why it is critical that you follow me on Twitter because of the fast pace of the market I can’t always update on time. A
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USD/CHF - Buy at 1.1560
USD/CHF - 1.1630Original strategy :
Buy at 1.1570, Target: 1.1670, Stop: 1.1520
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Hoarding Treasuries Helps Dealers as Europe Woes Rise
Wall Street’s biggest bond firms are buying the most Treasuries in two years, driving the biggest rally in government bonds in at least seven years, as Europe’s sovereign-debt crisis worsens.
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Gold prices dip on euro's slight rise
Gold took a pause from its recent run-up Wednesday as the euro strengthened.Investors are pulling money out of gold as the euro bounces off of a four-year low. Investors see gold as a safe alternative to the European common currency, which has be
11 votes
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Yen Weakens Amid Recovery Signs
The yen fell against all major peers amid signs the global economy is gaining traction and on speculation Japan’s next leader will embrace a weaker currency.
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Gold prices dip as euro rises slightly
Gold took a pause from its recent run-up Wednesday as the euro strengthened. Investors are pulling money out of gold as the euro bounces off of a four-year low. Investors see gold as a safe alternative to the European common currency, which has b
10 votes
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Euro above $1.22 and ahead of four-year lows
The euro is trading above $1.22, and ahead of its latest four-year low against the dollar.
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Yen Slumps on Political Uncertainty
With the yen falling on Japan's political uncertainity, Rob Rennie, currency strategist at Westpac Bank, speaks to CNBC's Karen Tso and Martin Soong about his outlook for the currency.
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Australia boasts trade surplus as exports surge
Australia reported its first trade surplus in 13 months in April as booming exports of iron ore and coal helped lift earnings by over A$2 billion, a dramatic turnaround that is set to fuel economic growth this year.
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Daily Economic Roundup - June 3, 2010
Ho hum, 'twas a quiet day in the markets yesterday. Could the major pairs be warming up for strong moves later on? Read up on the economic catalysts on today's schedule!
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US weekly gasoline demand up 3.7 pct
U.S. retail gasoline demand rose 3.7 percent in the week ending May 28 due to the Memorial Day holiday, the SpendingPulse report said on Tuesday.


