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Bank of Russia To Buy Considerable Figure" Of Gold Tonnage in 2012

posted by Avatar Pete 1 day 22 hours ago in USD, EUR, GBP, CAD, AUD, Commodities made popular 1 day 19 hours ago

By Mark O`byrne Gold's London AM fix this morning was USD 1560.50, EUR 1240.66, and GBP 996.04 per ounce. Yesterday's AM fix this morning was USD 1558.50, EUR 1239.27, and GBP 993.62 per ounce. Gold was off $1.70 or 0.11% in New York yesterday and ... read more
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Fitch rates AIG's new snr unsecured notes 'BBB'

posted by Avatar Pete 3 days ago in all made popular 3 days ago

Interest coverage was 6.1x in the first quarter of 2012. This earnings improvement was largely attributable to investment income growth, as well as better underwriting performance within Chartis property/casualty insurance operations tied to sharply ... read more
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Hungary forint goes north of 302 vs. EUR, this is the price of not having an ...

posted by Avatar Pete 3 days ago in EUR

Gyula Pleschinger, state secretary at the Economy Ministry has noted that talks may start earlier, ie after revisions to the Central Bank Act are passed in early June. "My sense still is that the current amendments to the law do not go far enough to ... read more
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GBP/USD finds support at 1.5790, back above 1.58

posted by Avatar Pete 9 days ago in USD, CHF made popular 9 days ago

The Sterling's decline from 1.5930 against the Dollar has found support at the 1.5790 price with the unit coming back to trade above 1.5800. Currently the GBP/USD is pricing at 1.5817, 0.60% below opening price. read more
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Higher Yielding Currencies Maintain Bearish Trend

posted by Avatar Pete 10 days ago in EUR made popular 10 days ago

Higher yielding currencies, namely the EUR and AUD, remained bearish during European trading yesterday, as fears that Greece will have to leave the euro-zone led to risk aversion in the marketplace. Investors are now worried about what the possible ... read more
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Indonesia - Market Factors to watch - May 8

posted by Avatar Pete 19 days ago in all made popular 19 days ago

MARKET SNAPSHOT AT 0031 GMT --------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1369.58 0.04 0.480 USD/JPY 79.93 0.04 0.030 10-YR US TSY YLD 1.8733 -- 0.000 SPOT GOLD 1638.12 0.00 0.020 US CRUDE 97.75 -0.19 -0.190 DOW JONES 13008.53 -0.23 -29.74 ... read more
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Australian Dollar Outlook - 04/30/2012

posted by Avatar Pete 27 days ago in USD, EUR, JPY, CAD, AUD made popular 27 days ago

By Christine Gaylican | April 30, 2012 10:16 AM EST Bell FX Currency Outlook: The Australian Dollar has continued its recent appreciation, pushing into the high 1.0400's on Friday, as equity markets continue their firm tone while recently released Q1 ... read more
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US Fed raises 2012 growth forecast - report

posted by Avatar Pete 27 days ago in USD

KUWAIT, April 29 (KUNA) -- While Seven Fed officials voted on a first interest rates hike in 2014, compared to five in the previous meeting, the Fed raised its 2012 growth forecast, projected lower jobless rate and higher inflation, a specialized ... read more
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AUD/USD Rising Channel Breaks Above Declining Channel and Tests 1.0390 Pivot

posted by Avatar Pete 30 days ago in AUD made popular 30 days ago

There was not much new to go on, but market chatter explains the USD-weakness by noting Bernanke is still open to using monetary stimulus measures to help stimulate the economy. Price action seen in the 1H chart shows a rising channel breaking above ... read more
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'Reforms were easier to do in 1989'

posted by Avatar Pete 30 days ago in Economic Indicators

The Prime Minister's Economic Advisory Council had projected the current account deficit (CAD) at 3.6 per cent of the GDP for FY13.What do you foresee keeping in mind a ballooning trade deficit? In 2011-2012, we will end up with a CAD in the ... read more
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Barclays Launches First Locally Listed Exchange Traded Notes on Toronto Stock ...

posted by Avatar Pete 43 days ago in Commodities, Economic Indicators

iPath S&P 500 Dynamic VIX CAD Hedged ETN (DVX) 3. iPath Pure Beta Crude Oil CAD Hedged ETN (PBO) The volatility linked ETNs, VIX and DVX, are linked to the S&P 500 VIX Short-Term Futures TM IndexTR and the S&P 500 Dynamic VIX Futures Total Return ... read more
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Opinion: Australian supermarket concentration on the verge of crisis

posted by Avatar Pete 52 days ago in AUD made popular 52 days ago

The supermarket channel accounts for about 67% of total food and liquor sales in Australia (AUD$130 billion in 2011-12), which is a similar proportion to that in other developed countries. What is unique about Australia is the concentration of this ... read more