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Swiss Franc Hits New Record High Against Euro

posted by ezir 708 days ago in CHF made popular 708 days ago

The Swiss franc climbed to a new record high against the euro, as investors continue to take advantage of the Swiss National Bank's dropping of its policy that sought to stem the franc's ascent.

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US Economy's Half Speed Outlook

posted by ezir 709 days ago in USD made popular 709 days ago

The US Federal Reserve meets next week for two days and already there's a very confident expectation that there will be no change in interest rates or in its current indefinite timeline for leaving rates where they now are.

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Euro hits two-hit high

posted by ezir 711 days ago in EUR made popular 711 days ago

The euro hit a two-week high above US$1.23 overnight as solid demand at European debt auctions eased worries about the region's fiscal crisis and prompted investors to cover short positions in the currency.

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CAD backs off 4-wk high but finishes higher

posted by ezir 712 days ago in CAD made popular 712 days ago

The Canadian dollar backed off a four-week high but finished firmer against the U.S. currency on Monday, aided by stronger energy prices.

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Bad times are good times for gold

posted by ezir 714 days ago in USD, Gold

Sinfully seductive, gold almost looks good enough to eat. It shimmers in bullion. It coos like a songbird perched on her wedding finger. It inspires melodies and mayhem. And when the going gets tough, as the going has gotten in financial markets

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Oil ends down after U.S., China data disappoint

posted by ezir 714 days ago in USD, Oil made popular 714 days ago

U.S. oil prices fell more than 2 percent on Friday as an unexpected fall in May retail sales in the United States and easing industrial output in China revived concerns about the economy and oil demand.

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Oil hovers near US$75 on trade data from China and U.S.

posted by ezir 716 days ago in USD, Trade, Employment made popular 715 days ago

Oil prices hovered near US$75 a barrel Friday in Asia 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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USD Closes Mostly Higher Boosted by Risk Aversion

posted by ezir 725 days ago in USD made popular 725 days ago

The U.S. Dollar finished the first full session back from the holiday week-end by posting gains against most major currencies. Risk aversion was the theme today as traders punished the Euro and the commodity linked-currencies while seeking shelte

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USD falls vs. euro after monthly gain

posted by ezir 727 days ago in USD, EUR, Monthly made popular 727 days ago

The U.S. dollar weakened against some of its currency rivals Monday in Asia, pulling back after ending May trading in North America with its biggest gain since October of 2008.

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Picking a System that Makes Money in the Forex Market

posted by ezir 728 days ago in Special, Trading Psychology made popular 728 days ago

With the many FOREX currency systems available, you can in theory, simply turn your computer on and follow the signals to generate automatic profits.

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Euro trading at $1.2353

posted by ezir 729 days ago in EUR, Trade made popular 729 days ago

The euro has recovered against the dollar, after China said it had no plans to sell European debt it holds.

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Euro slips as short-covering rally fades

posted by ezir 730 days ago in EUR made popular 730 days ago

The euro edged lower on Friday, giving back some of the hefty gains made the previous day after China assured investors it was not losing confidence in euro zone assets.

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