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US crude falls as IEA to tap oil reserves

posted by Avatar Lacy 338 days ago in all

[USD/] [ID:nATH006206] * US stocks closed well above session lows on news Greece agreed to a five-year austerity plan, but lingering economic uncertainty ultimately drove indexes mostly lower, keeping the downward trend intact. [. ... read more
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Euro rises before Greek vote; gains seen limited

posted by Avatar Lacy 340 days ago in all made popular 340 days ago

The euro trimmed gains after a survey showed German investors in June took their most bearish view about the euro zone's largest economy in over two years, hurt by the Greek debt crisis and indicators of softer activity ahead. ... read more
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EUR/USD: (1.4338) Rebound off 1.4073 trying to settle back above 1.4322

posted by Avatar Lacy 341 days ago in EUR

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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Echoes of 2008 Suggest Caution for Precious Metals Investors

posted by Avatar Lacy 341 days ago in USD made popular 341 days ago

Shown below is the Gold BUGS Index (top) along with gold bullion (middle) and the USD Index (bottom). The highlighted red band shows the Gold Bugs Index declining while gold rallied and the USD Index fell as gold equities appeared to be discounting a ... read more
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Trading and Currency Exchange Rates Early Dollar Gains Turn to Loss

posted by Avatar Lacy 344 days ago in USD made popular 344 days ago

The Canadian gained 0.048 percent versus the pound but fell against all other major currencies. The Hong Kong dollar gained 0.239 percent versus the Canadian. There was some good economic news in the United States. New housing permits jumped 8.7 ... read more
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BNZ Currency Reports

posted by Avatar Lacy 345 days ago in NZD made popular 345 days ago

The NZD continued on a downward path overnight as risk aversion remained the dominant theme globally. The NZD/USD slipped from around 0.8040 to 0.8000. It was the weakest performing of the major currencies over the past 24hrs. ... read more
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USD/CAD Technical Analysis For June 16, 2011

posted by Avatar Lacy 345 days ago in CAD

By ForexMansion.com The USD/CAD pair rose rapidly as the oil markets fell apart on Wednesday. The pair is still in the 0.9850 to 0.9675 consolidation area, and therefore not a tradable event at the moment. (Unless of course you are scalping, ... read more
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Weekly Outlook: U.S. Retail Sales, Japan Rate Decision, U.S./U.K. Employment

posted by Avatar Lacy 348 days ago in CHF, Economic Indicators made popular 348 days ago

The euro is decreased against the USD following the Greek burden on leading European countries and indications of a slowdown from Germany and France. Will this slowdown deepen? Let's Start: Japan Rate Decision: Tuesday. In its last meeting the BOJ ... read more
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WEEK IN FOCUS REPORT INCLUDING: Wall Street witnessed its sixth consecutive ...

posted by Avatar Lacy 348 days ago in USD, EUR made popular 348 days ago

In terms of the Eurozone, CPI and employment data is also scheduled for release with the May report expected to show that inflation in the Euro-area has fallen to flat from last month's 0.6% reading. Meanwhile despite leaving interest rates on hold ... read more
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EUR/CHF slips slightly in early trade

posted by Avatar Lacy 348 days ago in CHF made popular 348 days ago

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more
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C$ weakens on commodities, global worries

posted by Avatar Lacy 351 days ago in USD, CAD, Commodities

The Canadian dollar weakened against a firmer greenback on Friday, paring earlier gains from healthy jobs data, as commodity prices came under pressure and concerns about the global economy weighed. ... read more
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Author: Duncan Higgins, CaxtonFX

posted by Avatar Lacy 352 days ago in all

Sterling rebounded pretty strongly from its early slide, and a stronger EUR/USD pairing today could take this pair higher. Today's Bank of England rate decision will surely see the 0.5% interest rate kept on hold. The market will be more interested in ... read more