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Rupee has resistance at 54.31, support at 53.17 against dollar

posted by Avatar eddie 13 days ago in EUR

Market participants will continue to watch out for further rupee strengthening measures from the RBI and the government this week, while keeping an eye on the Euro Group meeting and G3 data - namely, EU Q1 GDP and US retail sales. Technically, USD-INR ... read more
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USD Rally To Accelerate On Sticky Inflation, FOMC To Drop Dovish Tone

posted by Avatar eddie 15 days ago in all, USD, GBP, CAD

Although the economic docket for the following week is expected to show the headline reading for inflation falling back to an annualized rate of 2.4% in April, the stickiness in underlying price growth may encourage the FOMC to drop its dovish tone for ... read more
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NZD resumes decline overnight

posted by Avatar eddie 18 days ago in NZD made popular 18 days ago

Momentum and technical factors are also conspiring against the currency (our momentum model is short NZD/USD from 0.8117). However, we don't believe the NZ economic recovery is dead and we don't believe the RBNZ will deliver on the 33bps of OCR cuts ... read more
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The Sterling Pound Drops as the Kingdom slips into Recession

posted by Avatar eddie 31 days ago in Analysis, Economic Indicators made popular 31 days ago

The sterling pound reversed sharply to the downside against the low yielding US dollar, cutting some of the gains recorded in the past week after the downbeat growth figures from the United Kingdom, where the pound fell on pessimism the royal economy ... read more
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EUR/USD, S&P Futures Flows: Nervousness about FOMC sends traders to ...

posted by Avatar eddie 31 days ago in EUR

Nervousness about mention of the possibility of more QE, in reaction to the disappointing employment data released recently, is the main sore point. Equities are in a different world and their bounce from Monday's lows is continuing despite the FOMC ... read more
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U.K. Public Sector Borrowing Increases In March

posted by Avatar eddie 32 days ago in USD, EUR, GBP, AUD made popular 32 days ago

Excluding financial interventions, the public sector current budget deficit was GBP 11.1 billion in March. Net debt, excluding interventions, was GBP 1022.5 billion, equivalent to 66 percent of GDP, the statistical office said. by RTT Staff Writer. read more
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Australian Dollar Dips On CPI Data

posted by Avatar eddie 33 days ago in USD, JPY, AUD, NZD made popular 33 days ago

During early Asian deals on Tuesday, the Australian dollar declined against other major currencies after a data showed that country's inflation rose 1.6 percent for the first quarter. The Reserve Bank of Australia said that consumer prices ... read more
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USD/JPY extends further lows, 80.29

posted by Avatar eddie 40 days ago in USD, JPY made popular 40 days ago

The USD/JPY, already in negative territory, is extending its losses closer to 80.00 psychological level. The pair has just printed its daily low at 80.29, and has bounced to 80.40/45 area. Tomorrow in Asian session, Japan industrial data and consumer ... read more
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Canadian trade surplus C$0.3bn in Feb

posted by Avatar eddie 44 days ago in CAD, NZD

Safe-haven yen again underperformed, USD/JPY slipping from 81.13 to 80.75. AUD outperformed following yesterday's strong labour report and the China data and rumours, extending gains from 1.0365 to 1.0450. NZD rose from 0.8195 to 0.8278. read more
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Kiosk operations in Finland, Lithuania and Estonia, and press distribution ...

posted by Avatar eddie 45 days ago in all made popular 45 days ago

Sanoma segments 1.1-31.3.2011 Unallo- cated/ Lear- elimi- Continuing EUR million Media News ning Trade nations operations External net sales 290.1 107.7 57.7 74.7 -0.2 530.0 Internal net sales 1.0 0.6 3.0 7.1 -11.5 0.2 NET SALES, TOTAL 291.1 108.4 60.7 ... read more
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Dollar Feels A Slight Qe Pang After NFPS, Bigger Waves Ahead: April 9, 2012

posted by Avatar eddie 48 days ago in Economic Indicators made popular 48 days ago

By the next policy gathering, we will have completed the third round of bond purchases, there will be fresh GDP and inflation figures to work with, and the euro zone could once again find itself in financial straits. Pound traders should keep an eye on ... read more
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Manufacturing fortunes on the improve in US and UK

posted by Avatar eddie 54 days ago in AUD, Economic Indicators made popular 54 days ago

(Makes me like my GBP/AUD trade even more ) The content of this field will not be shown publicly. Sean Lee: Hi Adham, I don't see the sideways trade in EUR/USD ending anytime soon, and I expect 130/136ish will... Sean Lee: Thanks Solange, ... read more