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Fear of Grexit send Kiwi tumbling

posted by Avatar mintchocolate 10 days ago in NZD made popular 10 days ago

This should keep weight in the sails of the NZD to keep her head above 75c for the medium term. Yet overnight fundamentals were not kind to the Kiwi at all. We witnessed the DOW drop 1% over Eurozone jitters, Gold down to USD$1544 oz, in-fact a total ... read more
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Free FX Trading Guide Following JPMorgan Loss and Greek Woes

posted by Avatar mintchocolate 11 days ago in all

For example, you decide to go short and sell the GBP/USD currency pair following recent news from JPMorgan and Greece, which has weakened the value of the British pound. This means you simultaneously sell the first currency (GBP) and buy the second ... read more
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UK April retail sales -1.0% YoY

posted by Avatar mintchocolate 18 days ago in GBP, AUD

By Sean Lee || May 8, 2012 at 23:06 GMT The latest BRC data is very disappointing, with retail sales falling from +3.6% in March to -1.0% in April. The content of this field will not be shown publicly. Sean Lee: Hi Goose, EUR/AUD is banging its head ... read more
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Indian rupee falls on oil demand, weaker euro

posted by Avatar mintchocolate 26 days ago in all made popular 26 days ago

The Indian rupee fell to near a one-week low on Monday hit by heavy demand ... read more
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USD Decline Accelerates on Weak GDP- BoJ Fails to Weaken JPY

posted by Avatar mintchocolate 29 days ago in JPY, Economic Indicators

The BoJ cited expectations for consumer prices to rise 0.7% from March 2013 to 2014 with Japan seen reaching its 1% target inflation soon after. Central Bank governor Massaki Shirakawa noted that the move aims to strengthen the positive momentum in ... read more
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US$ weaker ahead of the Chinese data. Aud looking positive after the jobs data ...

posted by Avatar mintchocolate 44 days ago in USD, Economic Indicators made popular 44 days ago

A mixed Italian bond auction was largely ignored and the market now awaits the Chinese GDP number where a strong reading is expected following yesterdays stronger Korean and Australian employment data, (exp +8.4% - but rumours doing the rounds of a ... read more
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Former board member defends rate policy

posted by Avatar mintchocolate 46 days ago in USD, JPY, AUD, Economic Indicators made popular 46 days ago

PAUL HOWES: The RBA's obviously got a charter to deal with inflation. We know the importance of that. But they have the most ability to impact on the Australian dollar. We believe very strongly that they need to cut rates to put downward pressure on ... read more
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Iran''s Nat''l Development Fund balance to jump to USD 55 bln - Ahmadinejad

posted by Avatar mintchocolate 49 days ago in USD made popular 49 days ago

TEHRAN, April 7 (KUNA) -- Iranian President Mahmoud Ahmadinejad unveiled Saturday that the high oil prices will push the National Development Fund's balance to USD 55 billion by next March. In statement carried by Iranian media, Ahmadinejad said the ... read more
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The Bernanke effect

posted by Avatar mintchocolate 60 days ago in USD, EUR, GBP, CAD, AUD

Market consensus expects that the lending capacity of both the European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM) will be raised to EUR 940 billion. Against the US dollar, the single currency jumped to 1.3356 from ... read more
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Poyry Assists Tembec's Cellulose Manufacturing Facility in Canada to Reduce ...

posted by Avatar mintchocolate 61 days ago in CAD, Economic Indicators

The contract value is CAD 7.2 million (EUR 5.5 million). Poeyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management ... read more
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Europe Factors-Shares set to extend losing streak

posted by Avatar mintchocolate 66 days ago in all made popular 66 days ago

European stocks were seen falling on Thursday, retreating for the fourth straight session, after data showed China's economic momentum slowed this month as factory activity shrank for a fifth month in a row, fuelling worries ... read more
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USD/CHF weekly outlook: February 20 - 24

posted by Avatar mintchocolate 98 days ago in CHF

USD/CHF hit 0.9399 on Thursday, the pair's highest since January 25; the pair subsequently consolidated at 0.9198 by close of trade on Friday, adding 0.53% over the week. The pair is likely to find support at 0.9129, the low of February 2 and ... read more