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EUR/USD Fundamental Analysis May 22, 2012, Forecast
The EUR/USD is trading at 1.2769 down 0.0010 in a relatively quiet day. There was virtually no eco data around the world today and the political turmoil was fairly quiet. Last week markets seemed to factor in Greece leaving the euro one way or another.
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Risk Aversion Leads to Significant Aussie Losses
After seeing mild gains during early morning trading, the Australian dollar turned bearish against both the US dollar and Japanese yen amid risk aversion in the marketplace caused by Greek political worries. The AUD/USD dropped from a high of 1.0014 to ...
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Four million dollars to boost visitor arrivals into NZ
Tourism New Zealand (TNZ) and Qantas today announced a new marketing partnership worth NZD four million over two years, aimed at boosting visitor arrivals into New Zealand on Qantas flights. A Memorandum of Understanding (MOU) was announced by TNZ ...
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Negative Economic News Triggers Sharp Drop in Euro
Even if the central bank leaves interest rates unchanged, ECB President Draghi's post-meeting news conference will be watched carefully for signs of additional decisive actions. Technically, the EUR USD reached the apex of a triangle formation and ...
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Euro Holds Drop Versus Dollar, Yen Amid Political Turmoil
The Australian dollar failed to rally against the greenback before an inflation report today that may show the Reserve Bank has scope to lower borrowing costs. The market's got nervous because of political uncertainty in Europe, said Morio Okayasu, ...
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Seoul shares seen gaining; FOMC, earnings eyed
------------------MARKET SNAPSHOT @ 22:15 GMT------------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1378.53 0.12% 1.610 USD/JPY 81.60 0.09% 0.070 10-YR US TSY YLD 1.959 -- 0.000 SPOT GOLD $1640.79 -0.07% -1.080 US CRUDE $103.85 -0.03% -0.030 DOW ...
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Shareholder/Analyst Call
This solid performance, both top and bottom line, allows us to propose to you an increased dividend of CHF 1.95 per share. At the same time, we have continued to invest to ensure your company's growth in the future. Highlights of last year being the ...
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Carney cautious amid better outlook
The Bank of Canada lifted its projections for the economy for each of the first three quarters of this year in a new forecast Wednesday, but, despite a generally more positive take on the country's prospects, policy makers included many reminders of ...
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With U.S. Dollar As Carry Currency, Fed Can't Tighten
With as much as a whiff of Fed deviating from ZIRP, this massive carry trade would unwind, pushing up USD and trade deficit, therefore hurting the economy and exposing "re-establishing the American manufacturing base" as a pipedream that it is.
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Singapore Stocks-May open up; ST Engineering in focus
Singapore shares may rise on Tuesday after both Tokyo and Seoul bourses opened higher, with investors likely to keep a close eye on trade data from China, the world's second-largest economy.
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Danone threatens Chobani Greek yogurt bandwagon with legal action
In a fresh blow to Chobani, influential trade body the Ontatio Dairy Council (ODC) is also challenging the firm's permission to build a new CAD $76m facility in Ontario state, granted on December 23 by the Ontario Ministry of Agriculture Food and Rural ...
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Swiss CPI rises more-than-expected in March
By Forexpros | Economic Indicators | Apr 05, 2012 07:18AM GMT | Add a Comment Forexpros - Consumer price inflation in Switzerland accelerated more-than-expected in March, official data showed on Thursday. In a report, the Swiss Federal Statistics ...


