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Gold glitters at a record high at $1,260 an ounce

posted by annie 601 days ago in USD, Gold made popular 601 days ago

Gold rallied at the end of last week to an all-time record above $1,260 an ounce, as investors looked to precious metals for an alternative to equity or debt investments given renewed uncertainty about the economic recovery.

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Crude oil prices top $77

posted by annie 604 days ago in USD, Oil

Crude oil prices topped $77 per barrel Wednesday, a day after oil executives testified in Washington that the gulf oil spill was an anomaly.

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Oil hovers near $75 amid improving economic news

posted by annie 609 days ago in USD, Oil made popular 609 days ago

Oil prices hovered near $75 a barrel Friday after a big jump the day before as China's booming trade and lower U.S. jobless claims lifted stock markets and confidence in the global economic recovery.

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Australian unemployment falls

posted by annie 610 days ago in AUD, Employment made popular 610 days ago

Australia’s unemployment rate fell to 5.2% in May as full time employment increased for the ninth straight month, according to the Australian Bureau of Statistics. The number of people in jobs increased by almost 30,000 in May, with more than 11m

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Euro falls below US$1.19 as debt fear deepens

posted by annie 614 days ago in USD, EUR, Trade

The euro fell below US$1.19 in Asian trade yesterday for the first time since March 2006 as fears over European debt spread to Hungary, analysts said.

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Yen Weakens Amid Recovery Signs

posted by annie 618 days ago in JPY made popular 618 days ago

The yen fell against all major peers amid signs the global economy is gaining traction and on speculation Japan’s next leader will embrace a weaker currency.

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Yen weakens as Japan leader resigns

posted by annie 619 days ago in JPY made popular 619 days ago

The Japanese yen edged lower against both the U.S. dollar and euro Wednesday afternoon in Asia, pressured as currencies traders pored over news of Prime Minister Yukio Hatoyama's resignation.

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How to win big in the currency market

posted by annie 621 days ago in Special, Trading Psychology

For newcomers, Forex traffic can infrequently be the formidable endeavour since of the technical as well as ever becoming different nature. It takes many time as well as personal joining to sense Forex trading, as well as we need to sense fast th

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Euro Steadies After Bounce, High-Yielders Firm

posted by annie 624 days ago in EUR made popular 624 days ago

The euro steadied higher on Friday, benefiting from a short-covering bounce after China assured investors it was not losing confidence in euro zone assets, while higher-yielding currencies held on to broad gains.

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Techniques In Forex Trading

posted by annie 629 days ago in Special, Trading Psychology made popular 628 days ago

There are trillions of dollars being tradedin Forex trading everyday that makes it one of the biggest financial markets on a global level. By investing in right choices, a person can be rich in no time.On the other hand, money can be easily lost.

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What It Would Take to Recover the Weakening Euro

posted by annie 629 days ago in USD, EUR

The euro was sold as a symbol of Europe's strength and as something that might one day rival the U.S. dollar for the title of world's reserve currency. It's turned out to be neither.

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Euro plunges vs yen on worries about EU unity

posted by annie 631 days ago in EUR, JPY, Trade made popular 631 days ago

The euro on Thursday fell to its lowest against the yen since November 2001 as investors fretted about a seeming lack of unity among euro zone leaders in addressing the region’s debt crisis.

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