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Mortgage lending up as house sales improve

posted by mateo 602 days ago in GBP, Housing made popular 601 days ago

Property experts have welcomed new figures which reveal mortgage lending is on the rise, amid signs the housing market in the north and north-east is continuing to recover.

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Yen Rises Versus Dollar, Euro on Japan’s Growth

posted by mateo 603 days ago in EUR, JPY, Trade

The yen advanced against most of its major counterparts as Japan’s ruling party announced a plan to restore growth, end deflation and shrink the budget deficit to contain the world’s biggest public debt.

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Gold firms to near all-time high on econ worries

posted by mateo 603 days ago in USD, Gold made popular 603 days ago

Gold rose to near an all-time high on Friday as lingering worries about Europe's debt problems and worse-than-expected U.S. data put pressure on the dollar and sparked a fresh sweep into safe-haven assets.

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Euro retreats from 2-week high on Spain worries

posted by mateo 604 days ago in USD, EUR made popular 604 days ago

The euro fell against the US dollar yesterday, retreating from an earlier two-week high, as fresh concerns about Spain's credit and banking system undermined sentiment.

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Euro hits two-week high

posted by mateo 605 days ago in EUR

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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Oil Rises To $76/Barrel, Shares In BP Hit 13 Year Low

posted by mateo 606 days ago in USD, Oil made popular 605 days ago

Oil prices climbed today as the downward trend in equity markets was reversed after US import prices were reported to have declined 0.6% in May after rising 1.1% in April, while UK inflation slowed to 3.4% from 3.7%, making it even more unlikely

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Could the Canadian dollar hit parity again this week?

posted by mateo 607 days ago in EUR, CAD, Manufacturing

The euro rose, as did the Canadian dollar (CAD/USD-I0.970.00060.06%). The more optimistic mood in the markets so far this morning was sparked by the latest manufacturing data from Europe, which showed industrial production among the 16 countries

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USD/CAD Outlook – June 14-18

posted by mateo 608 days ago in USD, CAD, Fundamental

The Canadian dollar took advantage of the relative calm in the markets, and made a gain of over 300 pips against the greenback. The Canadian fundamentals will probably outperform the American ones once again this week.

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The U.S. Dollar’s Bull Market Is Just Getting Started!

posted by mateo 608 days ago in USD made popular 608 days ago

The dollar index has surged 20 percent since last November. And this week, it was sniffing around its 2009 high! That’s pretty impressive, especially given that the 2009 high was driven by an across the board, global flight to the dollar … underp

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Oil prices slip on US growth worries

posted by mateo 609 days ago in USD, Oil, Retail Sales made popular 609 days ago

Oil prices retreated on Friday after a plunge in US retail sales triggered fears about the pace of economic recovery in the world's largest energy-consuming nation

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Gold continues move backwards

posted by mateo 610 days ago in USD, Gold made popular 610 days ago

The price of gold in Vietnam fell by VND200,000 a tael (1.2 ounces) over the previous day on June 11 as global prices declined, triggered by profit-taking and positive economic indicators.

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Oil prices settle above $75 a barrel

posted by mateo 610 days ago in USD, Oil made popular 610 days ago

Oil prices topped $75 a barrel yesterday following reports that China’s economy is still booming and US jobless claims fell. Motorists found pump prices lower again, as retail gasoline prices continued to slide across much of the country.

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