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Silver Trading Down Near 2011 Low
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
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USD/JPY Technical Outlook – May 16th
USDJPY remains in a pivotal position, just above 80.00. Although the price action has broken through round figure resistance, barriers above are suppressing any meaningful moves above the 80.00 figure. Notably, the previously cited 84.09-81.68
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Russia Cuts Euro's Share in Reserves to 42.1%, Raises Dollar
The US dollar's share was increased to 45.5 percent from 45.2 percent, while the Canadian dollar's portion was raised to 1.6 percent from 0.8 percent, according to the central bank's annual report submitted to the lower house of parliament and obtained ...
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FxPro Daily Forex Brief | Dollar soars after Greek talks fai
Risk Assets Defensive | Shifting Eurozone Growth Debate | More RMB Depreciation?
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ForexLive: The US Dollar Index Tries to Keep Going
The US Dollar Index is up today. A close above the 81.22 would be the 13th up day in a row. However, the price is rotating off the highs today and the price has dipped below the close from yesterday. So the string is in jeopardy....more.
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EUR/USD Slides as Greece Bickers
Euro/dollar continues to slide, as the political crisis in Greece is worsening. Talks aimed at forming a coalition government remained deadlocked, and another election seem likely. The euro wasn’t helped by a strong German GDP release, as recent
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Gold & Silver – Daily Outlook May 16
Gold and silver prices continued their downward trend during yesterday’s trading despite the slightly positive news of the higher than expected growth rate of Germany’s GDP in the Q1 2012 (a growth rate of 0.5%); the news of the new elections in
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GBP/USD Forecast May 16, 2012, Technical Analysis
The GBP/USD pair fell very hard on Tuesday to slam into the 1.60 level. The area was the site of a breakout last month, and should therefore be supportive now. However, the price action is very bearish, and the fact that the pair closed at the ve
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EUR-USD prediction today may 16 2012
The euro continued its slide against the U.S. dollar on Wednesday, up slightly after hitting a four-month low,
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EUR/USD Forecast Review 15 May 12
This forex forecast review touches on the fundamental and technical aspects of the currency pair.
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GBP/USD Stabilizes Around 1.61
On Monday Pound/Dollar increased with 70 pips. The Cable appreciated from 1.6049 to 1.6123 yesterday, in line with the positive money flow sentiment at over +6%, closing the day at 1.6086. Today the British Pound is trading quietly, with movements at ...
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FxPro Daily Forex Brief | Another bad hair day
Risk Assets Suffer | Bond Vigililantism | Europe's Inflexion Point | Gold Weakens


