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Market Review - 07/05/2012

posted by Avatar KiwiTrader 19 days ago in EUR made popular 19 days ago

Eur/gbp fell to a 3-year low of 0.8037 and eur/jpy fell to a 2-1/2 month low of 103.25. After trading narrowly for the rest of Asia, euro staged a short-covering rebound in European morning, the pair later climbed to 1.3065 in New York before trading ... read more
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Europe Factors to Watch-Shares set to sink after French, Greek votes

posted by Avatar KiwiTrader 20 days ago in all made popular 20 days ago

... 507.41 -2.18 % -11.31 EUR/USD 1.2981 -0.35 % -0.0045 USD/JPY 79.76 0.01 % 0.0100 10-YR US TSY YLD 1.833 -- -0.05 10-YR BUND YLD 1.589 -- 0.00 SPOT GOLD $1637.99 -0.25 % -$4.06 US CRUDE $96.99 -1.52 % -1.50 GLOBAL MARKETS-Stocks slump after French, ... read more
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RBA cuts growth, inflation outlook

posted by Avatar KiwiTrader 23 days ago in EUR, JPY, AUD made popular 23 days ago

By business editor Peter Ryan The Reserve Bank of Australia has cut its growth and inflation forecasts as non-mining sectors struggle under the weight of a high Australian dollar. In forecasting marginally lower growth rate of 3 per cent for 2012 and ... read more
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

posted by Avatar KiwiTrader 24 days ago in USD, EUR, JPY, CAD, AUD, NZD, Commodities, Economic Indicators made popular 24 days ago

After yesterday's surprisingly strong ISM manufacturing report, it's apparent that the sector is weathering the downturn in European demand better than most expected and continues to drive economic growth. The EUR is back towards the lower end of its ... read more
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Swiss Franc Weakens Against Majors

posted by Avatar KiwiTrader 26 days ago in all made popular 26 days ago

The Swiss franc edged lower against its major rivals on Monday, a few days after the SNB President Thomas Jordan said that the Swiss currency is still overvalued at CHF 1.20 against the euro. "The year 2012 is likely to be another difficult ... read more
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Dockwise Ltd :Proposed Acquisition of Fairstar by Dockwise to Accelerate ...

posted by Avatar KiwiTrader 34 days ago in Commodities made popular 34 days ago

The transaction powerfully enhances our ability to provide our clients throughout the Oil & Gas industry with the diverse and project specific services they require. Next and of equal importance is the fundamental increase in size of Dockwise, ... read more
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USD/CHF up ahead of US data

posted by Avatar KiwiTrader 43 days ago in CHF

Risk-off and risk-on trade are alternating on Friday's session as there is still no definitive trend bias ahead of the inflation figures and the Michigan consumer sentiment index in the US due later on. As of writing, the cross is up 0.16% at 0.9129 ... read more
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News Trading US Nonfarm Payroll (NFP) Employment: April 8, 2012

posted by Avatar KiwiTrader 49 days ago in AUD, Economic Indicators made popular 48 days ago

The Unemployment Rate is expected to remain at 8.3%. If we get a significantly lower release on the NFP (135K or worse) and slightly higher Unemployment Rate (8.4% or more), I'd be looking to BUY the EUR/USD, AUD/USD, or go long on GBP/USD . read more
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AUD/USD weakened on 'risk-off' Wednesday; China PMI data eyed

posted by Avatar KiwiTrader 52 days ago in CHF, AUD made popular 52 days ago

The Australian dollar lost further ground against its US counterpart on Wednesday, sliding to a fresh 3-month low on a day when a general risk-off theme had dominated the marketplace across the board. AUD/USD slid as far ... read more
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Euro Holds Lower Top Going Into April, Pound Breaks Out Ahead Of BoE

posted by Avatar KiwiTrader 57 days ago in USD, EUR, GBP made popular 57 days ago

However, as the Euro Zone continues to face a risk for a prolonged recession, we are likely to see the Governing Council take additional steps to shore up the ailing economy, and the EURUSD looks poised to track lower in the month ahead as it carves ... read more
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Huhtamaki 2011 pro forma figures based on revised responsibilities between ...

posted by Avatar KiwiTrader 57 days ago in all made popular 57 days ago

+358 10 686 7880 HUHTAMKI OYJ Group Communications Huhtamaki Group is a leading manufacturer of consumer and specialty packaging with 2011 net sales totaling EUR 2 billion. Foodservice and consumer goods markets are served by approximately 12700 ... read more
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Pound Down As UK Economy Contracts In Fourth Quarter

posted by Avatar KiwiTrader 59 days ago in USD, EUR, GBP, AUD made popular 59 days ago

The British currency fell on Wednesday after a report showed that the UK economy contracted more than initially estimated during the fourth quarter. The revised data released by the Office for National Statistics showed today that the ... read more