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07 May
AUD, NZD and CAD were hit hard in Asia, though all retraced off their respective lows - more so AUD due to strong retail sales overnight. In the crosses, EUR/GBP held - and continues to hold off .8000 barriers, but the writing is on the wall now.
37 votes
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Seoul shares seen pressured by Europe elections, grim US data
Greek voters enraged by economic hardship caused by the terms of an international bailout turned on ruling parties in an election on Sunday, putting the country's future in the euro zone at risk and threatening to revive Europe's debt crisis.
26 votes
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NZ dollar holds gains on upbeat US housing data, earnings
The New Zealand dollar held gains in Northern Hemisphere trading as better than expected US house sales and upbeat first-quarter earnings stoked investors' appetite for bigger returns. The kiwi was little changed at 81.55 US cents at 9am from 81.60 ...
37 votes
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Risk aversion weighs on markets
The NZD opens at 0.7940 AUD, 0.63 EUR, 0.5190 GBP, 66.60 JPY. The big news on the local front this week will be NZ Q1 CPI numbers on Thursday. A weaker inflation number will reduce the odds of a rate hike from the RNBZ this year and potentially see the ...
41 votes
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NZD weakest performer overnight
The NZD was the weakest performer over the past 24-hours, losing around 0.80% relative to the USD. It currently trades just below 0.8150. In the absence of local data releases the NZD was at the whim of global sentiment, which soured further overnight ...
4 votes
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C$ weakens after US ADP jobs data, Fed
The Canadian dollar fell against its US counterpart on ...
3 votes
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JPY surges, USD gains on renewed demand for refuge
The US dollar index fully filled the weekend bearish gap to trade back above the key short term technical resistance at 79.00, if we witness stability above this level the upside move could extend higher today, eying the 50-days SMA and the neckline ...
35 votes
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New ETF Launches for US Equities, Gold and Bonds
Specific economic indicators include government debt-to-GDP ratios, long-term interest rates, current account-to-GDP ratios, and GDP growth. All three products use synthetic replication to deliver the return of their reference index and charge a total ...
33 votes
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Gold futures bounce on weak USD despite slowdown worries
On the Comex division of the New York Mercantile Exchange, gold futures for April delivery traded at USD1,663.65 a troy ounce during US morning trade, climbing 1.29%. Gold futures were likely to find support at USD1,612.35 a troy ounce, ...
24 votes
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Yen annihilation no end in sight; 87.47 highest so far
AUD/JPY trades at 87.15 now. According to John Noonan, Head of IFR Markets in Sydney: It appears the JPY-funded carry trade is back in full swing and the AUD/JPY is one of the beneficiaries. The cross has broken and closed above 86.50 and there is ...
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NZD/USD Weekly Fundamental Analysis February 27 March 2, 2012, Forecast
It is a very busy week with economic events combining the end and the beginning of a month. Please see the daily fundamental forecasts for details on each of these events. Below are the only major events of the week. The G20 Summit is taking place in ...
30 votes
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USD/CHF Fundamental Analysis February 24, 2012, Forecast
Business Investment measures the change in the total inflation-adjusted value of capital expenditure made by companies in the private sector. Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and ...


