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EUR/USD Technical Analysis 13 June 2011

posted by Avatar skushno 349 days ago in EUR

On Friday the Euro/Dollar continued decreasing strongly on the Greek debt unsolved situation, with 230 pips. The European currency depreciated from 1.4551 to 1.4320 on Friday, not matching the positive Interbank sentiment projection at nearly +15%, ... read more
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GBP/USD Weekly Fundamental Analysis for June 13 17, 2011

posted by Avatar skushno 350 days ago in USD made popular 350 days ago

By ForexMansion.com The GBP/USD retreated for the second week as the outlook for the British economy remain uncertain with the weak data released showing the BoE may keep lose monetary policy for late this year to support the anemic recovery. ... read more
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Barclay's Capital expects further selling interest in USD/CHF

posted by Avatar skushno 351 days ago in CHF made popular 351 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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AUD/USD descends despite positive Home Loans

posted by Avatar skushno 354 days ago in AUD made popular 354 days ago

The value of home loans for owner-occupied homes rose 6.3% to 13.8 billion AUD, while the value of loans for investment homes fell 1.6% to 6.0 billion AUD. AUD/USD opened the Asian trade at 1.0719 and, since the release of the latest economic data, ... read more
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Greek Bailout Hopes Underpin Euro's Rise against Greenback

posted by Avatar skushno 355 days ago in EUR made popular 355 days ago

As reported at 2:59 pm (JST) in Tokyo, the Euro was trading against the greenback at $1.4642, a 0.1% gain from Friday's late trade in New York; earlier in the session, it had struck a 1-month peak of $1.4659. Analysts expect the next major barrier to ... read more
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Sterling slips, weak PMI could prompt more selling

posted by Avatar skushno 359 days ago in GBP

Sterling could suffer more as a result, they said. "If we see a reading below 53, euro sterling should test the 89 pence region," said John Hydeskov, currency strategist at Danske. In early London trade, the euro EURGBP=D4 traded at 88.51 pence, ... read more
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Bulgaria and Italy in Europe of the Spirit: 132 Years of Diplomatic Relations

posted by Avatar skushno 359 days ago in EUR

For the period 1996-2010, the Italian investments in Bulgaria amounted to EUR 1.198 billion in various areas such as construction, banking, energy and textile companies. Already in 2007, we signed a Memorandum of Cooperation between the the Bulgarian ... read more
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The flagging US recovery

posted by Avatar skushno 359 days ago in USD, CHF made popular 359 days ago

... EUR/CHF fell to a record 1.2050 yesterday, now 1.21. For the year-to-date, the Swiss franc is up an incredible 11% against both the dollar and the yen. The poor pound. Much like the British consumer, the pound's recent performance has been poor, ... read more
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EUR/USD Slammed by Greece Downgrade

posted by Avatar skushno 360 days ago in EUR, CHF made popular 359 days ago

The Swiss franc (CHF) and Japanese yen (JPY) are on the rise and physical assets usually would jump with heightened risk aversion, but the positive movement of the dollar asserted itself over the value of oil. The decision point anticipated since ... read more
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Dollar Marginally Stronger in Quiet Trade

posted by Avatar skushno 362 days ago in NZD, Economic Indicators made popular 362 days ago

Of note, the New Zealand dollar reached a 26-year high against the greenback of 0.8219 following the release of higher-than-expected trade figures, before retreating slightly to 0.8176. The kiwi has also been supported by last week's report that ... read more
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Sterling rises to 2-week high vs soft dollar

posted by Avatar skushno 365 days ago in GBP

Sterling rose to a two-week high against a broadly weak US dollar on Friday as soft US data hit Treasury yields and put pressure on the greenback. Sterling GBP=D4 rose to $1.6461, its highest since May 11, to trade with gains ... read more
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India pledges USD 1.25 lakh for GFCS

posted by Avatar skushno 376 days ago in USD made popular 376 days ago

PTI | 11:05 PM,May 16,2011 Geneva, May 16 (PTI) India today announced a grant of USD 1.25 lakh for setting up the secretariat of a global network of experts for improving projections on climate change and its impact on various socio-economic sectors. ... read more