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Gold strikes record high

posted by hinata 707 days ago in USD, Gold

The price of gold surged to an all-time high point above $1,262, oil futures rebounded and coffee struck multi-month peaks in a positive week for commodities.

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Loonie turns higher as oil prices rebound

posted by hinata 708 days ago in CAD, Oil made popular 708 days ago

The Canadian dollar edged higher on Friday as oil prices turned positive and stronger-than-forecast Canadian economic data and moderate gains on equity markets provided support.

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Copper up 2% as euro, equities recover

posted by hinata 712 days ago in EUR, Metals made popular 712 days ago

Copper rose two per cent on Monday as risk aversion receded in the wider markets, with the euro recovering and equities and oil also bouncing strongly. Three-month copper on the LME was trading at $6,600 a tonne at 0740 GMT compared with $6,479 a

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Banks reviewing rates

posted by hinata 714 days ago in NZD made popular 714 days ago

Mortgage rates are in a holding patterning following yesterday's OCR announcement, with none of the big banks committing to a move in rates today.

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Gold extends gains to third consecutive week

posted by hinata 715 days ago in USD, EUR, Gold made popular 715 days ago

Gold declined 1.9 per cent in the two days after reaching a record $US1,254.50 an ounce on June 8. Holdings in the world's biggest bullion-backed exchange-traded fund rose to an all-time high. The euro fell as much as 0.7 per cent against the dol

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Euro Down Vs Dollar; May Rise Above Key Level Soon

posted by hinata 716 days ago in EUR made popular 716 days ago

The euro fell against the dollar in Asia Friday, as investors adjusted their currency balances to prepare for a rise in the pair later in the global day on the view that Chinese economic data will provide a tailwind for European and U.S. share ma

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Euro devaluation boosts French exports

posted by hinata 724 days ago in EUR, GDP made popular 724 days ago

With the devaluation of the euro, French exports rose by 3.9 percent in the first quarter of 2010, figures of the French national statistics bureau, Insee, show.

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Jewelry sales slide as gold value rises

posted by hinata 725 days ago in USD, Gold made popular 725 days ago

Gold closed Tuesday, June 1, at a two-week high of 1,226.90 an ounce, just a few dollars below the record price of $1,243.10 on May 12. The soaring costs have slowed gold jewelry sales.

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Euro buys a dead cat bounce

posted by hinata 727 days ago in EUR made popular 727 days ago

The euro has shown it was able to buy a dead cat bounce with a short-term euro/dollar rally from 1.22 to 1.27. The political announcements from a variety of European leaders were not enough to change the direction of the euro trend. This is relen

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US consumer sentiment, inflation expectations rise

posted by hinata 729 days ago in USD, Inflation, Consumer made popular 729 days ago

US consumer sentiment rose a bit in May from April but stayed roughly unchanged from levels reported since February, while the one-year inflation expectations climbed to the highest since October 2008, a survey showed on Friday.

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Japan jobless rate 5.1 pct, job availability dips

posted by hinata 730 days ago in JPY, Employment made popular 730 days ago

Japan's jobless rate rose in April and the availability of jobs dropped for the first time in eight months.

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AUD rises as risk assets regain appeal

posted by hinata 730 days ago in AUD, Trade

The Australian dollar was higher today as an easing in concerns about the European debt crisis lifted investor appetite to high-risk assets such as equities and commodity-driven currencies.

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