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Aussie Dollar's dive makes for a golden moment
THE sharp retreat in the dollar has been working wonders for the local gold price. While the US dollar gold price is up all of 3 per cent in the past 30 days, the local price has put on 15 per cent, or $183 an ounce to $1413 an ounce.
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Local gold producers gain from dollar's fall
While the US dollar gold price has increased all of 3 per cent in the last 30 days, the local price has put on 15 per cent, or $183 an ounce, to $1413 an ounce.
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What It Would Take to Recover the Weakening Euro
The euro was sold as a symbol of Europe's strength and as something that might one day rival the U.S. dollar for the title of world's reserve currency. It's turned out to be neither.
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Oil bears emerge amid euro fears
For the second time in two years, oil price bears have emerged from their dens to push crude sharply lower. By dropping more than 20 per cent from an 18-month high reached this month, crude officially entered bear territory last week.
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Cable warns euro crisis could harm UK exports
Business secretary mindful of eurozone concerns but pledges to help British companies 'grow and flourish'
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Copper, grains up as oil, gold fall
Copper and a number of agricultural markets ended up on Friday as the euro rebounded but commodities remained vulnerable after last week's losses, which were among the year's worst, traders said.
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Obama sets up oil spill panel
An independent presidential commission has been set up to probe the huge oil spill from a wrecked BP-leased rig in the Gulf of Mexico, US President Barack Obama said yesterday.
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Euro plunges vs yen on worries about EU unity
The euro on Thursday fell to its lowest against the yen since November 2001 as investors fretted about a seeming lack of unity among euro zone leaders in addressing the region’s debt crisis.
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FXTimes: Daily Video Technical Update 5.20.2010
Today I will follow up on the EUR/USD, USD/JPY, GBP/JPY and AUD/USD. The EUR/USD is rally from a bottom, but the question remains if this is still a minor correction in a major downtrend. The USD/JPY pushes lower as the Yen is the sole beneficiar
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Europe Sends Markets in Turmoil, Hurting Canadian Dollar
The Canadian dollar sank today as the sovereign-debt crisis in the European Union and the increasing number of the jobless claims in the U.S. sent equities and commodity prices tumbling down.
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Loan demand to buy US homes sinks post tax credit
Demand for loans to buy U.S. homes shriveled to a 13-year low last week, following the expiration of federal tax credits, while near-record low mortgage rates stoked refinancing, the Mortgage Bankers Association said on Wednesday.
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Top 10 Business News Portals for Your Use
From Wall Street in US to Dallal Street in Mumbai, India, every investor look at these sites to know about the current happenings in the world ofstock market.


