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Yen Near 2-Week Low on Japan Political Concern, US Recovery
The yen traded near the lowest level in more than two weeks as political uncertainty in Japan and signs the U.S. economy is gaining traction tilted demand toward dollar-denominated assets.
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Options Pricing Shows USD/JPY Move to 100 Unlikely
The resignation of Japan's Prime Minister Yukio Hatoyama sent the Japanese yen lower against its major counterparts in trading yesterday. However, options traders are betting against yen declines to 100 US dollars.
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Daily Chart Art - June 3, 2010
A descending triangle, a retest of a double bottom neckline and a break from a bearish flag! I've got it all for you in today's chart art!
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Announced U.S. Job Cuts Fell From Year Ago, Challenger Says
Job cuts announced by U.S. employers declined in May, indicating the labor market is improving.Planned firings dropped 65 percent to 38,810 from 111,182 in May 2009, according to figures released today by Chicago- based Challenger, Gray & Chr
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Australia, NZ dollars up on yen retreat, share rally
The New Zealand and Australian dollars were stronger on Thursday bolstered by a weaker yen and investors showing more appetite for risk as upbeat U.S. data sent stocks higher.
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Kiwi Favorite of Speculators W/ Bollard Under Rate Pressure
Reserve Bank of New Zealand Governor Alan Bollard’s desire for a weaker currency is running into resistance from some of the world’s biggest bond investors.
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Banks cut proprietary trades in forex as volatility mounts
Banks have reduced proprietary trades in foreign exchange in view of the extreme volatility in recent days. Several treasury heads said they are squaring off their forex position by the end of the day to avoid any risk on their books. Over the pa
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Dollar Mixed, Euro Up As Stocks Guide Trade
The dollar was nursing slight losses vs. the euro in afternoon dealings Wednesday while holding modest gains vs. the yen in a session where the greenback's fortunes were again tied to the ebb and flow of risk appetites, as measured by the rise an
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Number of house sales up 15%
In the latest four week period available the Scottish average house price has increased by 6.9% to £151,627 as the volume of sales in Scotland also increased by 15.2%.
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Long GBP/JPY
On Thursday, we went long the GBP/JPY at 130.65 as the pair looked likely to test, and then break above the 10-day SMA, with daily studies last week indicating that the pair was oversold. Currently, it has indeed broken above this simple moving a
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Stochastic Oscillator Stack
Multi Stochastic Oscillator Stack MT4 Indicator will allow you a lot more info about market then classic one.
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Evening forexsignals 50 pips daily !
Evening Signals - Monday, 31 May- 2010 17 : 45 GMTEUR/USD
Trend: Downward
Sell EUR/USD at 1.2281 SL 1.2321 TP 1.2251
USD/JPY
Trend: Downward
Sell USD/JPY at 91.13 SL 91.53 TP1 90.83


