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USD/CHF Weekly Fundamental Analysis for May 30 June 3, 2011

posted by Avatar twilight 365 days ago in CHF made popular 365 days ago

By Forex Mansion By ForexMansion.com The USD/CHF continued its southern journey after having a breather for two weeks when the dollar rebounded for two weeks. In the week ending May 27 the pair was pushed down by improvement in Swiss economy and ... read more
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Bund yield hovers around key 3 pct level

posted by Avatar twilight 365 days ago in EUR

Greece's debt problems are likely to dominate market sentiment in the near term, but Bund yields could rise back above 3 percent later as a European Central Bank meeting in June is likely to bring interest rate hike expectations back into focus. ... read more
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GBP/USD upmove could extend to 1.6800 - FXstreet.com

posted by Avatar twilight 365 days ago in USD made popular 365 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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Markets rally after Easter, FOMC Ahead

posted by Avatar twilight 366 days ago in USD, EUR, JPY, GBP, AUD

The Australian Dollar (AUD) the Aussie broke above 1.0800 briefly as the market responded to buying in stock markets. The market is hitting fresh highs each day with little technical resistance and profit taking the only factor slowing the ascent. ... read more
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Foreign exchange rates: USD, CAD weaken as GDP data comes in

posted by Avatar twilight 366 days ago in JPY, Economic Indicators

The euro pound exchange rate is 0.4% lower with EURGBP at 0.8624. The dollar yen exchange rate is 0.76% lower with USDJPY at 8136. The dollar weakened against the euro and yen Thursday after the release of disappointing US unemployment and gross ... read more
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No quick fix to Hungary's FX debt problem, says City

posted by Avatar twilight 373 days ago in CHF made popular 373 days ago

... options to deal with Hungary's FX-debt problem simply push losses from one sector of the economy to another". According to reports, the exchange rates will be set at 160/CHF and 265/EUR. At first sight, this looks like a great deal for households. ... read more
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Rising energy, mining stocks push Toronto stock market higher, oil declines

posted by Avatar twilight 373 days ago in USD made popular 373 days ago

But the TSX surged 166 points on Wednesday, its third day of gains, amid a sharp rise in oil and metal prices while the minutes from the latest meeting of the US Federal Reserve showed that the central bank is in no rush to raise interest rates. ... read more
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Oil Prices About Unchanged

posted by Avatar twilight 375 days ago in USD, EUR, JPY, GBP, CAD, AUD, Commodities

However, whether or not the market reacts at all to the inventory report will be dependent on what is going on in the financial markets and the direction of the USD. My individual market view is detailed in the table at the beginning of the newsletter. ... read more
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Euro slides as IMF chief arrest adds salt to wounds

posted by Avatar twilight 377 days ago in USD, EUR, JPY, AUD made popular 377 days ago

The yen stood at 80.83 yen per dollar . The US regulator's data showed speculators became net long in the yen for the first time in six weeks last week. (Additional reporting by Masayuki Kitano, Reuters FX analysts Krishna Kumar in Sydney and Rick ... read more
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US Dollar off to a good start as risk aversion prevails

posted by Avatar twilight 377 days ago in USD, AUD made popular 377 days ago

EUR/USD is presently at 1.4075, GBP/USD at 1.6170, AUD/USD around 1.0550. EUR has continued lower and is now approaching the important 1.4045 level. There is no doubt that wave A from the Jan low has ended and the market is now in wave B down. ... read more
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Sterling jumps after BoE raises inflation outlook

posted by Avatar twilight 381 days ago in USD, GBP

"If the BoE is perceived to be raising rates at a time when the economy is struggling, that could raise speculation we may be heading into a double-dip recession," she said. "And that would make sterling a sell again." read more
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U.K. Trade Gap Widens In March

posted by Avatar twilight 381 days ago in USD, EUR, GBP, NZD made popular 381 days ago

The deficit in goods trade narrowed to GBP 22.24 billion from GBP 26.8 billion in the fourth quarter of 2010. Vicky Redwood, an economist at Capital Economics, expects a decent trade boost this year as weak domestic demand would pull down import growth ... read more