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Sterling Falls As UK Trade Balance Is Weakened By Euro Crisis
GBP/USD fell below 1.6100 and reversed gains the pair made over the past two days. EUR/GBP continued an earlier day uptrend back towards 0.8000. DailyFX is the forex news and research arm of FXCM, Inc (NYSE: FXCM), which provides currency trading and ...
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Dollar Index Technical Analysis 15/5/2012
Dollar Index Technical Analysis Update 15/5/2012.
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Facebook Heat could turn Wall Street from Sour to Sweet
Ahead of the Facebook IPO – due to launch within the next few days – the heat’s been kicked up a notch and appetite for social networks stock whetted on the news that Groupon’s share price rose 18.54% in the overnight hours. According to the pres
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EUR/USD Dips as Greek Crisis Continues, Economic Sentiment D
Euro/dollar continues to weaken, as the political crisis in Greece deepens. Marathon negotiations to form some kind of unity government haven’t succeeded so far, and fresh elections seem likely. Talks about preparations for a Greece leaving the e
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Beating Q1 GDP Estimates, Germany Does All the Heavy Lifting
At last a bit of good news on the Eurozone economic front; Germany’s Federal Statistics Office reported earlier today that GDP for the Eurozone’s economic powerhouse rose by 0.5% in the first quarter, well above the 0.1% forecast by analysts and
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US soybean futures rebound, wheat firms on Kansas weather worries
Soybean prices were supported by a US Department of Agriculture report showing greater soybean export inspections than expected, and domestic soybean crushing data was also stronger than thought. WHEAT UP ON LOW KANSAS RAINFALL After several days of ...
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Gold & Silver - Daily Outlook May 15th
Gold and silver prices declined again yesterday and thus both metals were traded down in eight out of the ten business days in May (so far). On today's agenda: Euro Area GDP for Q1 2012, German and Euro Area ZEW economic sentiment reports, U.S Co
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Forex Outlook for May 15, 2012
It is big events for forex market May 15, 2012.
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Seoul shares seen lower, to test support at 1900 points
Further weighing on sentiment were fresh signs pointing to a deepening recession in Europe, after data on factory output in the euro zone showed unexpected weakness in March. The Korea Composite Stock Price Index (KOSPI) fell 0.18 percent to close at ...
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Do You Have the Willpower to Trade Forex Successfully?
Do You Have the Willpower to Trade Forex Successfully?
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Going Long USD/CHF on Greenback Strength
Good morning forex friends! I'm starting off my trading week with an idea to ride the recent strength in the US Dollar. Will risk aversion continue to push traders into the Greenback this week?
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EUR/GBP Pushes Below 0.80 with 0.77 In Sight
As the Euro falls on the weight of uncertainty, the GBP is resilient and treated like a safe haven. This has translated to the EUR/GBP falling below the 0.80 handle. The 4H chart shows a market in a persistently bearish trend, as the moving avera


