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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

posted by Avatar peppercorn 1 day 15 hours ago in USD, EUR, JPY, GBP, CAD, AUD made popular 1 day 14 hours ago

Risk aversion has continued to support the USD in its role as "safe-haven" asset with the ongoing fears that the Eurozone remains on shaky ground. Meanwhile, the outlook for the US economy continues to improve with consumer confidence far surpassing ...  read more
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USD/CAD Trading at Resistance Area Around 1.03

posted by Avatar peppercorn 2 days ago in USD, EUR, JPY, CAD, AUD

Join the Market Intelligence Briefings to get fundamental analysis, technical setups, trade plan assessments for Oil, USD/CAD, and other currency pairs. Fan Yang CMT is a trader, analyst, educator and Chief Technical Strategist for FXTimes - provider ...  read more
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Gold hits 4-month low as dollar rises, stocks slide

posted by Avatar peppercorn 16 days ago in all made popular 15 days ago

The dollar should by now have been a lot stronger considering the strong buy signal given this week in the EUR/USD. This has so far not materialized." European shares fell on Friday as uncertainty over Greece's political outlook, a huge loss from ...  read more
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AUD/USD found support during the Asia session

posted by Avatar peppercorn 17 days ago in AUD made popular 16 days ago

Whilst we remain a bear on both the data and currency front the employment number of late have been very wild. The detail to watch will be Full time against Part-Time! Like always sell on weak bounces! Compass Global Markets Pty Ltd ("Compass Global ...  read more
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EU Morning Report- Euro slides on Greek uncertainty

posted by Avatar peppercorn 17 days ago in USD, EUR, JPY, CAD, AUD made popular 17 days ago

By Easy-Forex The euro (EUR) fell below the 1.30 level against the dollar sliding as low as 1.2965 from 1.3059 as political uncertainty in Greece continues to weigh on market sentiment. Greece's Left Coalition party leader Tsipras, who is expected to ...  read more
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Australian dollar on downward trend

posted by Avatar peppercorn 18 days ago in AUD made popular 18 days ago

With the Aussie dollar still above parity with the US dollar, the economy slowing and inflation under control, there appears to be little stopping the RBA from continuing to bring down rates. For now, the bears' evident reluctance to sell aggressively ...  read more
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Big jump in US consumer credit

posted by Avatar peppercorn 19 days ago in USD made popular 19 days ago

By Jamie Coleman || May 7, 2012 at 19:03 GMT At last some money come down from Wall Street good for US but is it good for USD? The content of this field will not be shown publicly. chinedu: i am already short on this pair, but very flexible should ...  read more
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Sterling Strong As Good Housing Data Highlights Continental Weakness

posted by Avatar peppercorn 24 days ago in USD, GBP, Economic Indicators made popular 24 days ago

EUR/GBP fell to fresh yearly lows intraday. Although the data encouraged some market participants, especially since in coincided with a better than expected PMI manufacturing out of the UK, the outlook for policymakers remains bleak. A GDP contraction ...  read more
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Seoul shares seen up as US data eases growth worry

posted by Avatar peppercorn 25 days ago in all made popular 25 days ago

Japanese stocks fell to a two-and-a-half-month low on Tuesday, hurt by uncertainty on the euro zone and concerns over US economic growth, while a strong yen weighed on exporters. The Korea Composite Stock Price Index (KOSPI) had climbed 0.34 percent to ...  read more
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Traders bet interest rate will stay flat

posted by Avatar peppercorn 34 days ago in Economic Indicators made popular 34 days ago

Banks are offering fixed rate mortgages at the lowest rates in at least 2 1/2 years, according to data compiled by interest.co.nz. Both the performance of manufacturing and services surveys for March showed a slower pace of expansion.  read more
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Rupee down by 37 paise Vs USD; ends at 3-month low

posted by Avatar peppercorn 40 days ago in USD

The marginal decrease in headline inflation found mark in investors sentiment ahead of RBI's annual policy tomorrow. The BSE benchmark Sensex ended higher by 56.44 points, or 0.33 percent today. At the Interbank Foreign Exchange (Forex) market, ...  read more
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USD drops as weekly jobless claims rise to 380k

posted by Avatar peppercorn 44 days ago in USD, AUD

by Union Bank Team - Union Bank, NA | View company's profile Commodity Currencies push higher as rising stocks and commodities encourages risk taking; AUD gains by more than a percent against the USD as Australian employment unexpectedly improves.  read more