32 votes
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Sell in May and go away
... pair in the FX market, AUD/JPY, is already close to 2.5% lower. The content of this field will not be shown publicly. Chris: The European Union and the International Monetary Fund expect the Portuguese economy to shrink 2% both this year and next, ...
4 votes
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British Pound At Risk For Further Losses, Euro Struggles To Hold Ground ...
... and speculation for higher interest may continue to prop up the single-currency as the ECB toughens its stance against inflation. In turn, the EUR/USD may continue to trend sideways over the next 48 hours of trading, but the press conference with ...
37 votes
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Bernanke No Rush to Exit Stimulus
Q1 GDP was 0.5% Q/Q and Mortgages increased 31k in March. Overall the GBP/USD traded with a low of 1.6443 and a high of 1.6673 before closing the day at 1.6695 in the New York session. The Australian Dollar (AUD) tracked the Euro and stock markets to ...
31 votes
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Gold Moves Toward $1500
Gold runs towards record highs of 1500 oz for a 2nd straight day Tuesday, with appetite for risk fragile after Standard & Poor's cut its US outlook, and EuroZone sovereign debt worries players. Prices earlier rose to a record 1497.86 oz as the USD ...
3 votes
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Japan, Going Forward
Now into the second 'lost decade,' deflation is a term that Japan has become accustomed to. With its national debt over 170% of GDP and lack of consensus among law makers, it can ill afford further decline in its economy. Japan will certainly recover ...
37 votes
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EURO Ressources First Quarter 2011 Results Are to Be Announced on May 13, 2011 ...
EURO is a French company whose principal asset is the Rosebel Royalty on gold production at the Rosebel mine operated by IAMGOLD Corporation ("IAMGOLD"). EURO has approximately 62.5 million shares outstanding. Since December 17, 2008, EURO is a ...
6 votes
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Euro eases on Irish downgrade, but downside limited
Several top Federal Reserve officials have sounded relaxed about inflation, bolstering the view the Fed is still some way away from normalising monetary policy. [ID:nN14167673] The European Central Bank raised rates by 25 basis points last week and ...
30 votes
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Eurozone Trade Gap Narrows To EUR 1.5 Bln
Eurozone's trade deficit narrowed to EUR 1.5 billion in February from EUR 15.6 billion in January, preliminary results from the Eurostat showed Friday. In February last year, the balance was in a surplus of EUR 1.4 billion. ...
4 votes
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UK Pound Stays Near January 2010 High; BOE's Sentance Signals Rate Vote
Sterling weakened for a second day against the euro. Financial markets suggest that the Bank of England's benchmark interest rate could climb to 2 percent next year, Sentance told Sky News yesterday. A government report tomorrow will probably show ...
4 votes
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Pound rises against dollar, in sight of 14-month high
The weaker pound has boosted export demand and made manufacturing one of the bright spots in Britain's economic recovery over recent months. However, the sector only accounts for about 13 percent of Britain's GDP, so its impact on overall output and ...
26 votes
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EUR/JPY orders
The AUD/USD now appears to be above the ceiling of its 4-month-long, daily chart, upper channel resistance line (which I set at 1.0392)... Sean Lee: Morning Serga. The JPY selling by the hedge fund community has been very large and look slike it may ...
29 votes
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Bunds lower after German elections
German government bonds opened lower on Monday after a state election rout for Chancellor Angela Merkel's conservatives and pulled down by US Treasuries as investors upped interest rate hike bets. ...


