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AUD/USD update (15th June 2011, 15:45)

posted by Avatar forexanalysis 346 days ago in AUD made popular 346 days ago

The US dollar advanced despite an unexpected drop in the New York Empire State manufacturing index, which slumped to a reading of -7.79 in June from 11.88 the prior month. A separate report showed US industrial production rising less than forecast in ... read more
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European Opening View - Metals hold ranges ahead of ECB comments

posted by Avatar forexanalysis 352 days ago in EUR, JPY made popular 352 days ago

The DXY finished up 0.4%, EUR/JPY settled down 0.9%. Equities for the most part remain in negative territory this morning with the MSCI Asia Pacific Index off 0.8%; the Nikkei is up 0.1% despite data showing a larger than expected decline in Japan's ... read more
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Canadian Dollar Trades Near Two-Month Low on Outlook for U.S.

posted by Avatar forexanalysis 355 days ago in CAD, Economic Indicators

June 6 (Bloomberg) -- The Canadian dollar traded near a two-month low versus the greenback after weaker-than-forecast data last week on US jobs and manufacturing spurred concern the recovery of Canada's biggest trade partner is faltering. ... read more
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GBP/USD up in U.S. trade

posted by Avatar forexanalysis 358 days ago in USD made popular 358 days ago

Forex Pros - The British Pound was higher against the US Dollar on Friday after the release of US data on Unemployment Rate. GBP/USD was trading at 1.6424, up 0.31% at time of writing. The pair was likely to find support at 1.6287, today's low, ... read more
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USD/CHF up during Asian trade

posted by Avatar forexanalysis 360 days ago in EUR, CHF made popular 360 days ago

Meanwhile, the US Dollar was down against the Euro and up against the Japanese Yen, with EUR/USD gaining 0.22% to hit 1.4359 and USD/JPY rising 0.06% to hit 81.00. ForexPros.com - Forex Pros offers a diverse set of professional tools for Forex, ... read more
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Swiss Franc Recovers From 6-day Low Against Euro

posted by Avatar forexanalysis 360 days ago in EUR, CHF made popular 360 days ago

In early European deals on Wednesday, the Swiss franc strengthened against other major currencies on the back of upbeat domestic retail sales and manufacturing PMI reports. The franc thus recovered from an Asian session's 6-day low against ... read more
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Ldn FX: Euro Weighed By Concerns Over Greek Debt

posted by Avatar forexanalysis 362 days ago in EUR, GBP made popular 362 days ago

The latest PMI figure was consistent with a broadly flat trend in official retail sales (on a three-month on three-month basis) as produced by the EU's statistical office Eurostat. EUROZONE: Press pick-ups in the Eurozone Monday, * UK PRESS: Talk about ... read more
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Bank of Canada to lay low, unlikely to signal hike

posted by Avatar forexanalysis 365 days ago in CAD made popular 365 days ago

CURRENCY - The Canadian dollar's CAD=D4 persistent strength against the US was once again flagged by Carney in his May 16 speech as a drag on the recovery. The commodity-driven currency -- which last month hit its highest level against the US dollar ... read more
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The market still awaits clarification of the Greek crisis

posted by Avatar forexanalysis 367 days ago in EUR made popular 366 days ago

The interest-rate prospects in Europe indicate, per se, that EUR might be increase somewhat, but the debt crisis is similar to a 'volcanic cloud' over the single currency. We expect that the generally negative pressure will remain until at least early ... read more
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European turmoil lifts key bond prices

posted by Avatar forexanalysis 369 days ago in EUR, JPY

Dealers reduced bets that the central bank would need to raise interest rates again and drove down implied yields by seven pips. Japanese bonds Japanese government bond futures expiring in June rose by 10 ticks to settle at 140.92 although some fear ... read more
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Daily Forex Forecast 05/19/2011

posted by Avatar forexanalysis 374 days ago in AUD made popular 374 days ago

Australian Dollar: A weaker reading in both the Westpac Consumer Sentiment (actual -1.3%; previous 1.2%) survey and quarterly Wage Price Index (actual 0.8%; previous 1%) saw the Aussie slip off 30 pips yesterday with the result potentially adding ... read more
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Sterling Dives on BoE King and PMI, Yen Rallies

posted by Avatar forexanalysis 389 days ago in JPY, CHF made popular 389 days ago

GBP/CHF drops to new record low of 1.4244 while GBP/AUD is pressing 1.5137 record low. Yen is seen broadly higher, following weakness in European equities. Markets are mildly risk averse after US and Australia boosted security at their embassies around ... read more