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Australian Dollar Outlook - 05/22/2012

posted by Avatar Louis 5 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 5 days ago

Oil finished slightly higher commitment to growth. There are no economic events scheduled for Australia. China's PMI for May is due which will be closely studied. It to gain traction. The OECD releases its semi-annual Economic Outlook Europe.  read more
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Indonesia - Market Factors to watch - May 11

posted by Avatar Louis 16 days ago in USD, EUR, JPY, Commodities

... although gains were capped by lingering euro zone fears and slower exports of the edible oil this month. ----------------- MARKET SNAPSHOT AT 0010 GMT --------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1357.99 0.25 3.410 USD/JPY 79.86 -0 0.000 ...  read more
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Political pressures afflicts the euro

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

The main driver for the EUR over coming days will be politics rather than the ECB or economic data however, with markets digesting the outcomes of the second round of the French Presidential election and Greek elections as well as the poor result for ...  read more
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USD/CAD Fundamental Analysis May 7, 2012, Forecast

posted by Avatar Louis 22 days ago in CAD made popular 22 days ago

The USD/CAD is trading at 0.9952 as the USD has again gained on the CAD, even after a disastrous jobs report. Just 115000 jobs are created in the largest global economy during April, as the public sector sheds another 15000 workers.  read more
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Singapore Stocks-Set to rise; SMRT in focus

posted by Avatar Louis 25 days ago in all made popular 25 days ago

----------------------MARKET SNAPSHOT @ 0009 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1405.82 0.57% 7.910 USD/JPY 80.17 0.14% 0.110 10-YR US TSY YLD 1.9506 -- 0.005 SPOT GOLD 1661.69 0.01% 0.160 US CRUDE 105.87 -0.27% -0.290 DOW JONES ...  read more
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You are here: Home

posted by Avatar Louis 25 days ago in GBP

But analysts said the pound's gains were becoming stretched, given the UK economy has slipped into another recession which is likely to prevent the Bank of England from tightening monetary policy for the foreseeable future.  read more
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Binary Options Daily Analysis: Oil Slides on Spanish Recession, Higher ...

posted by Avatar Louis 25 days ago in Commentary

However, more recently, some of these gains have been reversed. The EUR/USD pair is now trading higher by 17 pips at $1.3256. The USD has gained ground vs. the GBP, as the British economy is suffering from a double-dip recession.  read more
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AUD/USD, anticipating fresh slide to breach parity

posted by Avatar Louis 26 days ago in NZD made popular 26 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ...  read more
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EUR/AUD steady around 1.2700

posted by Avatar Louis 26 days ago in EUR made popular 26 days ago

Also during the Asian session, with China closed by holiday, will come risk event of the day in the form of Chinese manufacturing PMI at 01:00 GMT. Then later in the week will come ECB minimum bid rate by Thursday, which is expected to remain unchanged ...  read more
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Edison posts net loss, sees 2012 EBITDA at 1.1-1.2 bln eur

posted by Avatar Louis 29 days ago in all made popular 29 days ago

2 power generator Edison swung to a first-quarter net loss of 70 million euros ($92.6 million) on Friday as high oil and gas prices pressure margins and said it expected this year's core earnings to be between 1.1 billion and 1.2 billion euros.  read more
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EU Morning Report- Spain downgraded, eyes on US GDP

posted by Avatar Louis 29 days ago in USD, EUR, JPY, CAD, AUD made popular 29 days ago

By Easy-Forex The euro (EUR) slid against its major counterparts yesterday after credit rating agency Standard & Poor's cut Spain's credit rating to BBB+ from A. Spain is now on a negative outlook as S%P is expecting the country's economy to contract ...  read more
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OCR on hold at 2.5%; Reserve Bank indicates 'lower for longer' bias if NZ ...

posted by Avatar Louis 31 days ago in USD, NZD

... strength in the NZ dollar. The RBNZ continued to note the downside risks from the global growth outlook. Recent activity indicators in the major economies have been mixed, with signs of a slowing in the recovery in manufacturing activity globally.  read more