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EUR/USD corrects over-extended downtrend

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

EUR/USD is nearing 1.2750 from levels below 1.2700 in NA trade. AUD/USD has also jumped to 0.9950 from 0.9870 in the last European session. The market has been a one way street favouring the USD lately, courtesy of a potential fracture of the EZ as ... 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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NZD at five-month low against USD

posted by Avatar andes 10 days ago in NZD made popular 10 days ago

Snippets of encouraging US economic data and a few (rare) comforting headlines out of Europe helped prop up risk appetite, and the NZD/USD spent the rest of the night consolidating in a 0.7620-0.7685 range. Looking ahead, the near-term NZD/USD downside ... read more
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Canadian Dollar Falls as Report on ECB Damps Appetite for Risk

posted by Avatar Alice 10 days ago in EUR

Canada's dollar fell versus its US counterpart after Reuters reported that the European Central Bank halted monetary policy actions with some Greek banks, damping risk appetite. To contact the editor responsible for this story: Greg Storey at ... read more
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FxPro Daily Forex Brief | Dollar soars after Greek talks fai

posted by Avatar forextrader2011 10 days ago in Daily made popular 10 days ago

Risk Assets Defensive | Shifting Eurozone Growth Debate | More RMB Depreciation? 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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Russia cbank cuts dollar share in reserves, ups euro

posted by Avatar SoapBox93 10 days ago in all

The Japanese yen and the Canadian dollar each accounted for a 1.6 percent share in the reserves, the data showed. In February Central Bank First Deputy Chairman Alexei Ulyukayev said the dollar's share in the forex reserves was 46.5 percent, ... read more
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Grexit No More, Spain For EUR

posted by Avatar butterscotch 10 days ago in EUR, CAD made popular 10 days ago

Even a surprisingly pleasant UK benefits count and an ease in the ILO jobless rate to +8.2% has been trumped by the greater concern over growth and risks from the Euro area than investors had expected. The EUR position chart has not changed much in the ... read more
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GBP/USD Losing Further Ground, Next Target 1.59

posted by Avatar alexandria 10 days ago in USD, EUR, CAD, AUD made popular 10 days ago

On Tuesday Pound/Dollar decreased significantly with almost 130 pips. The Cable depreciated from 1.6115 to 1.5988 yesterday, in converse with the positive money flow sentiment at almost +12%, closing the day at 1.5991. Today the British Pound dipped ... 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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Euro/USD Sharply Fell on Tuesday –Daily Recap May 15

posted by Avatar lchammer 10 days ago in USD, EUR, Daily made popular 10 days ago

The Euro/USD continued its descent and as reaching its lowest level since January 2012. The recent news of the higher than expected growth in Germany's GDP by 0.5% in the Q1 of 2012 didn't slow down the fall of the Euro; the anxiety is still high 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