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Asia Preview, Gold, Oil and Silver

posted by Avatar Dylan 5 days ago in Commodities made popular 5 days ago

The Key outside markets were mildly Bullish for the precious metals Monday, as the USD index is slightly lower, and Crude Oil prices firmed. That limited selling pressure in the precious metals markets Monday. Spot Gold was last quoted minus 2.40 at ... read more
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U.K. April Gross Mortgage Lending Falls: CML

posted by Avatar Dylan 5 days ago in all made popular 5 days ago

On a yearly basis, gross lending rose 2 percent from GBP 10 billion in April 2011. CML chief economist Bob Pannell said, "The underlying picture is likely to be one of easing momentum in the housing market, but with potential for a sharper downwards ... read more
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Montek feels Govt should raise petroleum prices

posted by Avatar Dylan 6 days ago in CAD

On concerns over India's high current account deficit, Ahluwalia said the size of the CAD is higher than what India is normally comfortable with. "A three per cent is a little on higher side and I will be a lot more comfortable with two and a half per ... read more
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Dollar drops on robust Japan growth figures, Fed talk

posted by Avatar Dylan 10 days ago in USD, NZD

The dollar was down against its cousins in Canada, Australia and New Zealand, with USD/CAD down 0.09% at 1.0111, AUD/USD up 0.34% at 0.9946 and NZD/USD up 0.44% at 0.7676. The dollar index, which tracks the performance of the greenback versus a basket ... read more
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Market Overview: By Sam Coxhead of Direct FX

posted by Avatar Dylan 19 days ago in NZD made popular 19 days ago

The NZD saw selling pressure across the board, and it was a strangely weak performance. The downward trend of the Fonterra Diary auction prices will not be helping investor sentiment. This week will see the lead mainly come from offshore, and the wider ... read more
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Australian Dollar Sold Aggressively Following Shocking RBA Rate Decision

posted by Avatar Dylan 26 days ago in JPY, AUD

USD/JPY is also back in the FX headlines with the major pair dropping to fresh multi-day lows back below 80.00. From here, it seems like there is still room for deeper setbacks, but we do not anticipate a retest of the record lows from 2011 and would ... read more
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Seoul shares seen following Wall St's lead higher

posted by Avatar Dylan 27 days ago in all

Seoul shares are seen higher on Monday, tracking gains in global stocks on strong corporate earning reports and renewed talk the US Federal Reserve could ease policy further after data showed slowing economic growth. read more
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Gold Edges Up After Steep Fall

posted by Avatar Dylan 51 days ago in Commodities

After falling heavily in the previous session, the price of gold moved higher Thursday morning despite a steady US dollar. Gold for June delivery, the most actively traded contract, recovered $10.80 to $1624.90 an ounce. read more
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Daily Technical Levels Oil, Gold, EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD ...

posted by Avatar Dylan 53 days ago in USD, EUR, CAD, AUD, Commodities made popular 53 days ago

By Shayne Heffernan The Reserve Bank of Australia has left the cash rate at 4.25 per cent after its April board meeting on Tuesday. The local currency was trading at 104.55 US cents at 1429 AEST just before the decision was announced, ... read more
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Seoul shares seen higher on US factory data

posted by Avatar Dylan 54 days ago in all made popular 54 days ago

Worries of a slowdown in China's economy are starting to settle, helping recently laggard, China-related issues to post a strong recovery," said Bae Sung-young, an analyst at Hyundai Securities. The Institute for Supply Management said on Monday its ... read more
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Nutreco completes share buy-back programme

posted by Avatar Dylan 62 days ago in all

Further to the share buy-back programme announced on 10 February 2012, Nutreco announces that during the period from 10 February 2012 until and including 23 March 2012, Nutreco purchased 700000 of its ordinary shares at an average price of EUR 56.23 ... read more
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US dollar strength short lived as Euro and GBP fight back

posted by Avatar Dylan 62 days ago in USD, EUR, JPY, GBP, CAD, AUD, NZD, Economic Indicators made popular 62 days ago

Both the New Zealand and Australian dollars underperformed, against those currencies with lower exposure to the developing Asian economies. This should now continue in the short term. The Japanese YEN had an interesting week, as it halted its recent ... read more