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UK: Bank slash interest rate, hosing loan to be lower

posted by sassygirl 1185 days ago in GBP, Inflation, Housing made popular 1184 days ago

Interest rate maybe lower but for how long. It is prudent for all who has a loan is to continue paying as much as can. It will be on its way up sooner than most of us think.

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Decline of yen is mirror on Japan's export-led economy

posted by blitz 1185 days ago in JPY made popular 1184 days ago

The yen is heading for its worst month against the dollar in 13 years and its poorest performance against the euro since 2000 as Japan's economy deteriorates and Japanese investors seek better returns abroad.

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Japan Recession Deepens as Factory Output Plunges

posted by milkyway 1185 days ago in JPY, Fundamental, Manufacturing made popular 1185 days ago

Japan’s manufacturers cut production by a record 10 percent in January and household spending plunged, adding to evidence that the economy in its worst recession in 60 years.

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Trade Update: GBP/USD Closed Half

posted by danielsim73 1185 days ago in GBP, Technical, Daily made popular 1185 days ago

Trade update 27/02/09 11:00 est

I took profit on my short GBP position at 1.4263 (net gain of 52 pips) because it could not break down further and rebound back to hit my trailing stop.

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Japan's industrial output plunges

posted by xjessicax 1185 days ago in JPY, Fundamental made popular 1185 days ago

Japan's industrial production fell by 10% in January - the biggest monthly drop since records began more than half a century ago, the government says.

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Bernanke Sees 2010 Recovery ‘Only If’ Banks Stabilize

posted by newsinabox 1187 days ago in USD

Federal Reserve Chairman Ben S. Bernanke said the U.S. economy is in a “severe” contraction, and warned the recession may last into 2010 unless policy makers can stabilize the financial system.

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Home prices in record drop

posted by post-it 1187 days ago in USD, Fundamental, Housing

Home prices declined at a record pace around the nation in the final three months of 2008, according to an industry report released Tuesday.

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Cross-Eyeing: EUR/JPY - Trade Closed

posted by blitz 1187 days ago in EUR, JPY, Daily made popular 1187 days ago

It looks like Eurozone weakness was not able to overcome Japanese economy weakness and the previous resistance failed to hold. I took a hit as EUR/JPY rose to my stop out level at 122.50.

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GBPUSD Live Trade

posted by danielsim73 1187 days ago in USD, JPY, GBP made popular 1187 days ago

This is a GBP/USD trade update

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US Consumer confidence plunges to record low

posted by skushno 1187 days ago in USD, Consumer made popular 1187 days ago

Consumer confidence plunged in February to a record low as concerns about jobs, income and the economy worsened considerably, according to the monthly Conference Board index reported Tuesday.

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USD/JPY - Marked Bullishness Cracks Resistance

posted by jameschen 1187 days ago in USD, JPY, Technical made popular 1187 days ago

Marked bullishness on USD/JPY, a daily chart of which is shown, has broken cleanly above the previously noted 94.50 resistance region, and has gone on to take out further resistance levels well above

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Feb-24 Daily forex analysis

posted by pipSyGirl 1187 days ago in Fundamental, Daily made popular 1187 days ago

The Dollar rose against its main currency pairs in yesterday's trading while Wall Street recorded some big losses. The Dow Jones dived by a massive 250 points, reaching a 12-year low.

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