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EUR is influenced by risk sentiment

posted by Avatar portelo 331 days ago in EUR, JPY

Next, the trend would inter ABC rebound stage, MACD indicators rebounded below the zero axis, indicating USD/JPY continue to decline. USD/JPY trading suggestion: Buy at low price. Strategies: By the US dollar against the yen at 80.4 as reference. ... read more
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New Zealand dollar rises to 26-year high

posted by Avatar portelo 332 days ago in all made popular 331 days ago

The New Zealand dollar NZD=d4 touched its highest level since in 26 years on Thursday amiod improved investor sentiment towards risky positions after Greece's parliament approved the first of two austerity measures to ... read more
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Dollar climbs after Fed fuels risk aversion

posted by Avatar portelo 338 days ago in all made popular 338 days ago

In August 2010 weak US data and the threat of deflation prompted Fed Chairman Ben Bernanke to flag a second round of monetary stimulus, dubbed QE2, sending the dollar lower and riskier assets soaring. The Fed's $600 billion quantitative easing ... read more
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Euro Falls as Greek Crisis Nears Climax

posted by Avatar portelo 339 days ago in EUR, CHF made popular 339 days ago

The euro did find some support in improving French economic data. According to Insee, France's business sentiment improved to 109 in June from 106 in May. Most analysts had expected the June figure to be 106. France is the Eurozone's second largest ... read more
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North America Equities Extend Gains Post Existing Home Sales Report ...

posted by Avatar portelo 340 days ago in CAD, Economic Indicators

The Canadian Dollar was not hampered much by its own data showing weaker retail sales than expected, perhaps since the release is a bit dated and points to what happened in April. Retail sales rose 0.3% for the month, below expectations of a 0.6% ... read more
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GBP/JPY drops under 130.00

posted by Avatar portelo 340 days ago in EUR, JPY

With the British pound enduring modest selling pressure in morning trade over the European session, the GBP/JPY has dropped around 50 pips from an earlier session high of 130.20 and currently pushes lows at129.70. ... read more
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Wall Street drops on Greece fears US data

posted by Avatar portelo 346 days ago in USD made popular 346 days ago

The KBW index of major US bank stocks fell 0.7%, while Bank of America Corp dropped 1.8% to USD 10.61. The New York Federal Reserve's Empire State manufacturing index, an early indicator of US factory conditions, unexpectedly contracted in June, ... read more
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Foreign Exchange Report : Euro Remains Under Pressure, While GBP AUD Rate ...

posted by Avatar portelo 347 days ago in EUR, AUD made popular 347 days ago

He also stated that he expects the Australian economy to structurally strengthen, even if the pace of economic expansion in China relents. Stevens's words caused the GBP AUD exchange rate to re-trace downwards from yesterday's high of 1.5479 to hit an ... read more
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City Government to Prioritize Environment Development

posted by Avatar portelo 358 days ago in Commodities made popular 358 days ago

This can be seen from 2010 Jakarta Gross Regional Domestic Product (PDRB) reached almost USD 10.000 which shown citizen's purchasing ability is quite high. Head of Jakarta Maritime and Agriculture Department Ipih Ruyani said the 2011 Jakarta Agro Expo ... read more
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USD/JPY: A rare gap on the intraday charts

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

The poor employment report opened up a gap on the EBS charts from 80.62 down to 80.52. We are trying to fill that gap now as yields rebound following the improved ISM service-sector data. The opinions and analysis offered on Forexlive are for ... read more
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BNZ Currency Reports

posted by Avatar portelo 360 days ago in EUR, NZD made popular 360 days ago

The GBP/USD gapped lower from 1.6480 before trading down to below 1.6350. In the day ahead all eyes will remain on any developments in European debt markets, in the absence of vital data releases. It was a relatively quiet day in NZ interest rate ... read more
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Japan Avg Gasoline Price Posts 5th Weekly Fall, Up 6.6% Y/Y

posted by Avatar portelo 361 days ago in JPY made popular 361 days ago

Cheers IGORD: I went long Aud/USD at 1.0652 and think we will see new high around 1.13-1.17 range very soon.(it is not about Aud going up-it is all about USD will go down)So... Dinesh: Hi Sean, poor gdp and diminishing rate hike expectation should be ... read more