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Mortgage rates rise slightly but remain near record lows
Mortgage rates rose slightly but remained near record lows this week after lenders reported the first increase in six weeks in the number of loan applications by would-be home buyers. But for the housing market, doubt remains about how many peopl
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Why You Can Win While 95% Of Traders Lose!
Forex trading made easy is possible and while it’s a known fact that 95% of all traders lose money, they don’t lose because they can’t learn to trade successfully, they lose because they either, get the wrong education or have the wrong mindset.
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The Pound and Euro Trade Better
This morning the pound shrugged off the negative German economic sentiment which was down sharply 28.7, from 48.7, the expected rating. The European economic forecast dropped to 19.8, down from the anticipated 41.2 rating. German new car registra
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Crude oil prices rise above 75 dollars a barrel
Oil prices rose above $75 a barrel Monday as rallying stock markets and a stronger euro bolstered investor confidence. A weaker dollar and a stronger euro also helped oil prices. Since crude is priced in dollars it becomes cheaper to investors ho
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Forex Trading Tips For Beginners – 5 Top Tips For Beginners
With the immense popularity of online forex trading comes the legions of prospective traders eager to try their hand at the business. In the course of learning the art of forex trading, roughly 95% of all beginners will go on to blow their accoun
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Despite poor retail sales, oil prices near $75
US retail sales dropped by the largest amount in eight months according to the May numbers released Friday (June 11) morning. This puts a bit of a brief damper on more upbeat economic news of late that has help keep oil prices propped up in the
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Oil Prices Down but Not Out
While it looked like they were headed towards the $90 a barrel level, oil prices hit a wall in the spring. Rattled investors who worried about the direction of the global economy shunned black gold in favor of real gold as a means of preserving c
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Euro slides, hits multiyear low below $1.19
The euro fell below $1.19 on Monday for the first time in more than four years, but recovered some losses as strong German manufacturing data prompted investors to book profits after the currency's recent slide.
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US jobs outlook starts to pick up
The number of planned layoffs at US firms in May was almost unchanged from April, when they touched a four-year low, suggesting employers have more upbeat outlooks, according to yesterday’s report from recruitment firm Challenger, Gray & Christma
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Euro Implosion?
The 5-Min. Forecast quotes Rob Parenteau as saying this is prelude to major banking crisis. Parenteau is predicting Euro/$ equivalency will result. He says we are on the verge of a Eurozone implosion.
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The euro is entering its final phase
The euro is in a mess. Even some of its stoutest defenders now agree that its survival is threatened. But the problem is being misdiagnosed. Although the catalyst was Greece and southern Europe, the underlying cause lies to the north, in Germany.
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Forex resistance levels
Before you start trading you need to develop your own approach to the Forex market which is both successful and have a good match between your personality and your trading behavior. The scope and size of the Forex market can make developing an ap


