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Gold Retreats as Dollar Gains, Silver Follows

posted by megumi 814 days ago in USD, Gold made popular 814 days ago

Gold prices declined nearly 1 percent and away from a six-week high on Thursday as the U.S. dollar rallied against the euro. Silver retreated by the same percentage while platinum edged higher.

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Euro’s slide is towards it true value

posted by megumi 815 days ago in EUR made popular 814 days ago

The euro’s recent decline on the foreign exchange markets is taking the European shared currency toward its real value, the International Monetary Fund (IMF) said.

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Euro hits nine-month low against USD

posted by megumi 816 days ago in USD, EUR, Trade made popular 816 days ago

The euro slumped to its lowest level in more than nine months against the dollar on Tuesday as the shared eurozone currency was plagued by concerns about the Greek debt crisis, traders said.

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Australia new home sales jump 9.5 pct in Jan

posted by megumi 818 days ago in AUD, Housing made popular 817 days ago

Sales of new homes in Australia jumped 9.5 percent in January, recovering from a weak December, despite higher mortgage rates and rising prices, industry data showed on Monday.

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Housing dip fails to dent faith of Persimmon & Taylor Wimpey

posted by megumi 819 days ago in GBP, Housing made popular 818 days ago

Fears of a double dip in the housing market were stoked last week after HM Revenue & Customs data showed the number of houses bought and sold in January fell to the lowest levels since February 2009.Nationwide also reported the first fall in hous

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House prices drop is ‘just a blip’

posted by megumi 819 days ago in GBP, Housing

FIGURES showing a fall in house prices for the first time in 10 months may be a ‘blip’, according to a Burton estate agent.

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Euro to Stay Soft: Strategist

posted by megumi 821 days ago in USD, EUR, Employment made popular 821 days ago

Airtime: Fri. Feb. 26 2010 | 6:22 AM ET

Michael Woolfolk, senior currency strategist at Bank of NY Mellon expects the euro to remain under pressure for some time and U.S. non-farm payrolls to turn positive in the coming months. He speaks to Sh

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Forex reserves rise to $14.37bn

posted by megumi 821 days ago in USD made popular 821 days ago

Pakistan’s foreign exchange reserves have increased to $14.37 billion in the week ended February 20, 2010 as compared to $14.32 billion in the previous week, the State Bank of Pakistan said on Thursday.

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Euro slides on Greece woes, stop-loss selling

posted by megumi 822 days ago in EUR, Special made popular 822 days ago

The euro slid to a one-year low against the yen on Thursday, hurt by persistent worries about Greece's fiscal woes, a flurry of selling by Japanese names as well as stop-loss offers.

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EUR/USD slips through 1.3535 support

posted by megumi 822 days ago in USD, EUR made popular 822 days ago

EUR/USD has edged below the 1.3535 level that has supported it throughout the US session but so far there has been little follow-through. A sustained break targets the hourly uptrend drawn off the 1.3444 low which comes in now at the 1.3513 level

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NZD steady vs USD, weak vs Aussie

posted by megumi 825 days ago in USD, AUD, NZD made popular 825 days ago

The New Zealand dollar held steady against the U.S. currency on Monday after recovering from the Federal Reserve's decision to hike one of its interest rates raised speculation about the tightening of monetary policy.

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Crude oil prices enjoy bumper week; gold gains

posted by megumi 826 days ago in USD, Gold, Oil made popular 825 days ago

Oil prices soared this week on the back of buoyant investor sentiment, a weaker dollar and heightened tensions between crude-exporting Iran and the West, traders said.

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