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Forex Outlook for May 17, 2012

posted by Avatar goldsam 10 days ago in USD, Fundamental, Daily made popular 10 days ago

It is big events for forex market May 17, 2012. read more
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Gold & Silver Suffer from Europe, Dry Weather Boost Wheat

posted by Avatar commodityblog 10 days ago in Fundamental, Gold, Agriculture made popular 10 days ago

Gold and silver erased this year’s gains as the credit crisis in Europe continue to weaken demand for raw materials. Wheat jumped today for the fourth trading session as bad weather in various parts of the world threatened to curb output. read more
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Japan Q1 real GDP +1.0% QoQ

posted by Avatar peekaboo 10 days ago in JPY, Economic Indicators made popular 10 days ago

By Sean Lee || May 16, 2012 at 23:50 GMT hey sean it looks to me USD/JPY has some down. It looks like the rally capped under 80.38 the 100MA which to me is a very significant level if the bulls wanted too show more strength after the minor correction. read more
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Waiting For Break of Trend Line on EUR/AUD

posted by Avatar EJSuratos 10 days ago in EUR, AUD, Special made popular 10 days ago

One reason why I love trading the cross-currency pairs is because it gives me plenty of trading opportunities to choose from! Read on to check out this trade setup on EUR/AUD! read more
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The European Union at the G8 Summit in Camp David (May 18-19, 2012): "Acting ...

posted by Avatar macoleth 10 days ago in EUR made popular 10 days ago

The EU is taking decisive action to foster sustainable development, increase agricultural resilience and reduce poverty, promoting democratic values and the rule of law and enhancing international stability. The EU is ready to rise to global challenges ... read more
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EUR/USD Fluctuates as Fundamentals Drag Down Both Currencies

posted by Avatar commodityblog 10 days ago in USD, EUR, Fundamental made popular 10 days ago

EUR/USD fluctuated today. The euro is still suffering from the crisis in Europe, while the dollar was weighed down by prospects of additional stimulus. read more
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ForexLive: The US Dollar Index Tries to Keep Going

posted by Avatar ejc 10 days ago in USD, Technical, Daily made popular 10 days ago

The US Dollar Index is up today. A close above the 81.22 would be the 13th up day in a row. However, the price is rotating off the highs today and the price has dipped below the close from yesterday. So the string is in jeopardy....more. read more
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Yen Falls as Traders Anticipates Intervention from BoJ

posted by Avatar commodityblog 10 days ago in USD, JPY, Fundamental made popular 10 days ago

The Japanese yen fell against other major currencies today on speculation that the Bank of Japan will continue its efforts to weaken the currency. Even fears of the European debt crisis were not been able to help Japan’s currency. read more
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USD/CAD Breaks Key Resistance Opening Up the 1.30 Handle

posted by Avatar FXTimes 10 days ago in USD, CAD, Technical made popular 10 days ago

The USD/CAD finally breaks above the 1.0050-1.0060 resistance, suggesting a bullish trend developing after a period of sideways trading below 1.0050. Looking at the 1H chart we see that the previous resistance is being treated as the market rejec read more
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European Factors to Watch - Fresh 2012 troughs seen for stocks

posted by Avatar Reno 10 days ago in all made popular 10 days ago

European stock index futures pointed to a sharply lower opening on Wednesday, with major bourses set to plumb fresh 2012 troughs as investors fret about a possible Greek exit from the euro zone and falling global demand for ... read more
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Germany and France Show United Front even as Greek Rift Grow

posted by Avatar eToro 10 days ago in EUR, Fundamental, Daily made popular 10 days ago

Francois Hollande, the newly-inaugurated president of France, met with German Chancellor Angela Merkel yesterday for their first face-to-face encounter as elected heads of state. While austerity and growth issues are likely to eventually drive a read more
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USD/JPY Forecast May 16, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in USD, JPY, Technical made popular 10 days ago

The USD/JPY pair rose during the Tuesday session as the Dollar gained against almost all currencies. The pair has been sitting at the 80 handle for several sessions now, and it looks as if the level could cause a bounce. It would make sense if it read more