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Nordic Mines announces a fully underwritten rights issue of approximately SEK ...
... entered into for the purpose of hedging the price of gold, due June 30, 2012, for which the current spot price is higher than the contracted price why Nordic Mines has to pay the difference amounting to approximately EUR 2.0 million.
43 votes
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ForexLive Asian market wrap: Risk trades make modest recovery as Asia buys Gold
AUD/USD followed its smaller neighbour higher and once Gold started to rise, the modest AUD recovery picked up a bit of pace. AUD/USD fell quickly by around 15 pips on the JP Morgan reports but overall its been a fairly insipid session.
37 votes
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Trend Micro Reports First Quarter Results
Based on information currently available to the company, consolidated net sales for the second quarter ending June 30, 2012 is expected to be 23300 million Yen (or US $291 million, based on an exchange rate of 80 JPY = 1USD). Operating income and net ...
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AUD/USD at fresh 3-month low
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 ...
32 votes
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AUD/USD Monthly Fundamental Forecast May 2012
The AUD/USD ended the month at 1.0423 but has fallen continuously since the RBA cut interest rates and growth forecast in early May. The Australian dollar (AUD) is in range-trading mode despite the Reserve Bank of Australia's unexpected decision to ...
34 votes
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UK GDP expectations
Tom: Hi Sean, what's your outlook on aud/usd? Trading strategies? rose: Agreed Sean esp. after soft statements from BOE Miles on B/berg thx Adam for... Nobody: Well with these sovereigns buying ups euros like mad you certainly don't want QE ...
4 votes
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London Session: Spain passes its first test of the week
It sold EUR 3.18bn exceeding its target of EUR 3bn, and the bid-to-cover ratio was also much stronger relative to a previous auction last month. However, the stronger demand was driven by a sharp increase in bond yields: the average yield Spain had to ...
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EUR/USD, GBP/USD, USD/JPY And USD/CAD Daily Report: April 16, 2012
Other economic reports showed that Michigan Confidence dipped to 75.7; this was somewhat disappointing, though it failed to shift sentiment. The Canadian dollar dipped against its American counterpart following less-than-stellar economic announcements ...
25 votes
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Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD
Concerns are once again focused on the Eurozone's ongoing struggles with debt, but this time in Spain and Italy, the fourth and third largest regional economies respectively. The prolonged dilemma serves to help the dollar as investors continue to turn ...
40 votes
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European Currencies rebound as tension eases in the debt market
... sending high yielding currencies and other commodities to the downside on fears the pace of recovery in the world's largest economy is easing. However, during the session the European common currency and the sterling pound extended the gains, ...
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Zijin Mining seeks controlling stake in Australian gold company
The Chinese company said in a statement to the Shanghai Stock Exchange that Zijin plans to offer AUD 229 million or AUD 0.25 per share for a controlling stake in the Australian miner. According to the statement the deal is subject to a number of ...
29 votes
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Corn extends gains on supply concerns
Oil fell on Tuesday as caution over lackluster demand growth and fading expectations for more monetary stimulus from the US central bank countered concerns about potential supply disruptions. US stocks fell on Tuesday, with the S&P 500 retreating from ...


