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Spanish Bonds Plunge, Leave Euro At 5-Month Low

posted by Avatar forexalliancecom 12 days ago in EUR, Fundamental, Special made popular 12 days ago

The European Union currency suffered again, continuing the short term bearish decline that seemingly started this past February. Breaking through 4-month lows, the Euro declined to a session low of 1.2824 – a level not seen since January 18th. read more
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Euro falls to near 4-month trough on Greece

posted by Avatar pipOhoLic 12 days ago in all made popular 12 days ago

The euro fell to a near four-month low on Monday as the ongoing political turmoil in ... read more
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Daily Technical Strategist: EURGBP

posted by Avatar FXTechstrategy 12 days ago in EUR, Technical, Daily made popular 12 days ago

EURGBP-Having maintained its bearishness and held firmly below its broken support at the 0.8066 level, further decline looks to target its key support located at the 0.7840 level. read more
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ForexLive: AUD/USD Tests London Low

posted by Avatar ejc 12 days ago in AUD, Technical, Daily made popular 12 days ago

The AUDUSD took out the London morning low at 0.9964 but just barely (low reached 0.9962). The price has bounced up a bit – trading at 0.9971 currently....more. read more
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Gold & Silver Prices – Daily Outlook May 14th

posted by Avatar liorcohen 12 days ago in Fundamental, Daily, Gold made popular 12 days ago

Gold and silver continued their descent on Friday following the publication of the U.S PPI report in which the core producer price index rose by 0.2% during April; the core PPI tends to be negatively correlated with gold price and thus may have a read more
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Malaysia-Market factors to watch May 14

posted by Avatar Evan 13 days ago in all made popular 13 days ago

... USD/JPY 80 0.05% 0.040 10-YR US TSY YLD 1.8307 -- -0.010 SPOT GOLD 1579.6 0.08% 1.300 US CRUDE 95.54 -0.61% -0.590 DOW JONES 12820.60 -0.27% -34.44 ASIA ADRS 120.36 -0.92% -1.12 ------------------------------------------------------------- * For an ... read more
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Seoul shares seen recovering on China easing

posted by Avatar czarinacleopatra 13 days ago in all made popular 13 days ago

Seoul shares are seen opening higher on Monday, recovering from a 3-1/2 month low after signs of economic weakness prompted China, South Korea's largest trading partner, to free up more funds for banks to lend out. read more
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AUD/USD holding above parity after China cuts RRR

posted by Avatar whatadous 13 days ago in AUD made popular 13 days ago

"This is a welcome but modest measure, the impact on the economy likely to be in 6-9 months," Westpac Bank Senior Strategist Imre Speizer says. Andrew from IFR calls for a target to the downside in the case of a break lower at 0.9952, where 61.8% Fibo ... read more
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USD/CAD Weekly Fundamental Analysis May 14-18, 2012, Forecast

posted by Avatar SoapBox93 13 days ago in CAD made popular 13 days ago

The Canadian Dollar also responds to economic reports within Canada. It has little action against foreign currencies except during major moves or crisis. The USD/CAD is the single biggest beneficiary of rising oil prices. Canada which is already the ... read more
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DIFC Weekly Economic Commentary: 13 May 2012

posted by Avatar hanayoridango 13 days ago in CHF made popular 13 days ago

Trade balance in Germany recorded a surplus of EUR 13.7bn (sa) in Mar, unchanged from Feb, after exports grew 0.9% mom (sa) alongside a 1.2% rise in imports. Industrial production data for March was released in Germany, Italy, France and UK - with the ... read more
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Weekly Price Action Forex Chart Outlook: May 14th - 18th

posted by Avatar Nial-Fuller 13 days ago in Technical, Weekly made popular 13 days ago

Weekly Price Action Forex Chart Outlook: May 14th - 18th read more
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GBP/USD Forecast for the Week of May 14, 2012, Technical Ana

posted by Avatar FXEmpire 14 days ago in USD, GBP, Technical made popular 13 days ago

The GBP/USD pair initially rose for the week, but was turned back in a hurry to form a bit of a shooting star. However, the market is heavily supported at the 1.6050 to 1.60 levels, so selling here is going to be very difficult. The easiest signa read more