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Brent firm on Mid-East Geopolitics

posted by Avatar eriathwen 4 days ago in USD, EUR, CAD, AUD, Commodities made popular 4 days ago

On the other hand the view that both PADD 2 and Cushing crude oil stocks are likely to grow back to a surplus condition is putting pressure on WTI. In addition the external price drivers...direction of the euro & USD and equity markets are impacting ... read more
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USD Outlook Hinges On Bernanke Testimony, Euro Carves Lower Top

posted by Avatar eriathwen 9 days ago in USD, EUR, GBP

As the central bank head is scheduled to testify in front of the House Budget Committee at 15:00 GMT, comments from Mr. Bernanke will heavily influence the USD, and we may see the chairman strike a more balanced tone for the economy as the recovery ... read more
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British Pound Sterling: Currency starts to weaken vs USD as markets fall ...

posted by Avatar eriathwen 22 days ago in USD, EUR made popular 22 days ago

UK retail sales data unlikely to be of significance as the risk-on risk-off play continues to dominate currency markets. British Pound Sterling (GBP) in Euro (EUR): GBPEUR is 0.36% higher at 1.1987. British Pound Sterling (GBP) in US Dollar (USD): ... read more
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European Shares Mostly Higher After Auction Results

posted by Avatar eriathwen 23 days ago in USD, EUR, CHF

Separately, ECB President Mario Draghi said at an event in Abu Dhabi that it is important to swiftly implement all those decisions made at the December summit to put the euro area economy back on course. The Euro Stoxx 50 index of eurozone bluechip ... read more
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US dollar lower on Greek, IMF hopes

posted by Avatar eriathwen 24 days ago in USD

By Forexpros | Forex News | Jan 18, 2012 07:53PM GMT Forexpros - The US dollar traded lower against its major counterparts Wednesday as optimism over Greek debt talks and the International Monetary Fund attempting to increase its lending capacity ... read more
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Hong Kong extension Hill trumps top Iron to buy Mt Gibson gold project

posted by Avatar eriathwen 30 days ago in Commodities

Legend initially entered into an agreement in November to sell its non-core Mt Gibson Gold Project to Top Iron for a cash consideration of AUD 7 million. However one of the conditions of the sale was that Legend had to exhaust all relevant rights of ... read more
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Odds of a 600 to 1000-Point Surge in DJIA Improving

posted by Avatar eriathwen 32 days ago in EUR made popular 32 days ago

For another, the US economy is gaining traction as consumer sentiment improves. Then too, the Europeans just may come together and take contagion off the table chasing billions of dollars out of safe investments into stocks. ... read more
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ETRAGE LLC Integrates PTC's Windchill PLM and IFS Applications

posted by Avatar eriathwen 33 days ago in CAD made popular 32 days ago

EIS is a flexible, modular data transfer infrastructure that can integrate heterogeneous engineering, manufacturing and business systems from different vendors, such as CAD, PDM, PLM, ERP, and MRP systems for a robust, bidirectional exchange of data ... read more
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Markets Live: Local shares flat

posted by Avatar eriathwen 33 days ago in AUD made popular 33 days ago

Against other currencies the dollar is hovering at around $US1.02 cents and 78.4 yen both levels slightly below the Aussie dollar's average over the past six months. On the interest rate front, investors are rating the chance of a rate cut by the RBA ... read more
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AUD/USD drifting lower, support at 1.0330

posted by Avatar eriathwen 37 days ago in AUD made popular 37 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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Bunds slip, unresolved debt crisis to limit falls

posted by Avatar eriathwen 39 days ago in EUR, Economic Indicators

"You could argue that Spain's done too well, with talk of a deficit above 8 percent of GDP. We're looking to be short Spain from here," a trader said. Ten-year Spanish bonds carried a yield 174 bps lower than their Italian equivalent, just off levels ... read more
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EUR/JPY pressured, hovering around 100.50

posted by Avatar eriathwen 43 days ago in EUR, JPY

EUR/JPY has been trading a limited range between 100.45/70 in Asia, last at 100.50. Thursday's trade saw EUR/JPY extend its decline into the 100.00 psychological support zone, reaching as low as 100.03 from an earlier high ... read more