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EUR/USD Daily Outlook- 10 March 2010
With 1.3530 minor support intact, EUR/USD's consolidation from 1.3443 is possibly still in progress. Nevertheless, even in case of another rise, upside is still expected to be limited by 1.3852 resistance to conclude the consolidation and bring f
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USD/JPY Daily Outlook- 10 March 2010
Intraday bias in USD/JPY remains neutral for the moment and more consolidations could still be seen. Nevertheless, another rise would be mildly in favor as long as 89.19 minor support holds. Above 90.68 will bring rise resumption towards near ter
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Yen Loses Ground On Sovereign Fund Sales
Yen lost ground during European morning trade, following on from a subdued Asian session, with sales from sovereign funds prompting the move, filling Japanese exporter demand at the same time.
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Forex and The Secret
Is the Law of Attraction applicable in Forex world? Is it just another Self-Help BS or there is more to it? Is there a true Forex Secret? Let’s expl...
23 votes
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EUR/USD – Bullish Hints Inside the Range?
EUR/USD is trading in a range for over a month. While the long term trend is bearish, some bullish hints can be found within this range.
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Why Do Federal Reserve Board Seats Remain Unfilled?
Right now there are two unfilled positions on the seven member Federal Reserve Board. If nothing is done to fill those positions, the number will increase to three in June of this year when Governor and Vice-Chairman Don Kohn retires.
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Retail Sales Expected To Speed Up Over Next Two Years
Growth in Australian retail sales will accelerate in the next two years as consumer confidence continues to grow on the back of increasing employment, according to a new report by Access Economics.
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Euro Falls Versus High-Yield Currencies
The euro fell against higher- yielding currencies after a report showed that German exports unexpectedly slumped in January, adding to evidence the European economic recovery is struggling to take hold.
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UK Budget Due in 2 Weeks, Paving Way for Election
British Prime Minister Gordon Brown said Wednesday that his government will lay out its budget plans on March 24, paving the way for a national election.
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German inflation drops to 0.6 pct in February
Annualised German inflation edged lower to 0.6 percent in February from 0.8 percent the previous month, figures released on Wednesday by the national statistics office showed.
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Gold to hit $1500 by year-end
Gold bulls are biding their time, waiting for the "cheap money" policies of the first world to explode into inflation. In the short-term a prominent m...
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Beige Colored Slow U.S. Economic Recovery
The US economy continues to make a slow recovery. The blizzards and unusually low temperatures that hit several regions in February hurt several areas, the Federal Reserve said in a Beige Book report last week.


