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USD Falls As Leading Indicators And Philly Fed Index Unexpectedly Plummeted

posted by Avatar onmeown 9 days ago in USD, JPY, GBP

... 11:00 AM EDT By Trang Nguyen, The US Leading Economic Indicator, a gauge of the economic outlook for the next three to six months, unexpectedly declined for the first time in seven months in April over deterioration in labor and housing markets. read more
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EUR/USD erases losses after Philly Fed falls

posted by Avatar ctrlaltdel 9 days ago in EUR made popular 9 days ago

By Forexpros | Forex News | May 17, 2012 02:25PM GMT | Add a Comment Forexpros - The euro erased losses against the US dollar on Thursday, pulling back from a four-month low after official data showed that manufacturing activity in the ... read more
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ForexLive: GBPJPY Moves Below 100 Day MA

posted by Avatar ejc 9 days ago in JPY, GBP, Technical made popular 9 days ago

The weakness in the GBPUSD and now weakness in the USDJPY has sent the GBPJPY plunging lower today. The move has taken the price below the 100 day MA for the first time since February 2nd (and also sent the price below the 38.2% retracement of th read more
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USD/CAD prints fresh 4 month high at 1.0143

posted by Avatar princess 9 days ago in CAD made popular 9 days ago

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ... read more
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Dollar Just Short Of 16 Month High, We Need A Push

posted by Avatar PipChecker 9 days ago in Economic Indicators made popular 9 days ago

Yet, the market was not interested in employment figures that were fighting the trend of a double-dip recession. The focus was on the BoE's Quarterly Inflation report. This report projected that the first hike was likely after 1Q 2014. read more
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Risk FX Consolidates in Quiet Trade

posted by Avatar whatadous 9 days ago in EUR, Economic Indicators made popular 9 days ago

A very quiet night of trade in the currency market due to Ascension day holiday in Continental Europe with EUR/USD consolidating its recent losses while cable saw more selling pressure on some dovish comments by David Cameron. read more
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GBP/USD challenges 1.5900

posted by Avatar insensitive 9 days ago in USD

The sharp sell-off has been triggered in yesterday's session, after the dovish statement of Governor M.King on the BoE's quarterly inflation bulletin, and despite the strong employment data in the British economy published minutes before. read more
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EUR/USD Bounces, But Greece Fears Remain

posted by Avatar strawberry 10 days ago in EUR made popular 9 days ago

On Wednesday Euro/Dollar traded within 80 pip range. The European currency appreciated from 1.2680 to 1.2759 yesterday, not matching the negative money flow sentiment at nearly -11%, closing the day at 1.2713. This morning the Euro is trading quietly, ... read more
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European Stocks Seen Largely Unchanged

posted by Avatar arjay 10 days ago in EUR made popular 10 days ago

European stocks are seen opening on a flat note Thursday, with concerns over Greece's political and economic future likely to be at forefront after the debt-laden nation announced that a second round of elections would be held on June ... read more
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Markets paused, awaiting the next update on the Greek crisis

posted by Avatar altogether 10 days ago in NZD made popular 10 days ago

AUD bounced from 0.9871 to 0.9968 before slipping with US equities to 0.9908. NZD underperformed, bouncing from 0.7624 to 0.7686 but then falling to 0.7636. AUD/NZD extended its month-long rally from 1.2940 to 1.2990. US housing starts bounce 2.6% in ... read more
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Around the markets

posted by Avatar JoryEd 10 days ago in Commodities made popular 10 days ago

Gold was up by 0.75% to $1548 but is now starting to ease back off those levels. Oil is trading back above $93/bbl. Any chance of momentum building in the FX market looks to be lost for this session at least, with AUD/USD and EUR/USD now backing off ... read more
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Forex Outlook for May 17, 2012

posted by Avatar goldsam 10 days ago in USD, Fundamental, Daily made popular 10 days ago

It is big events for forex market May 17, 2012. read more