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AUD: Retail sales today and RBA tomorrow
By Sean Lee || February 5, 2012 at 22:43 GMT Some important risk events over the next two days for the AUD. The RBA is widely expected to lower rates by 25 bps tomorrow. The content of this field will not be shown publicly.
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Currencies Mixed After The Big NFP
The USD/CAD rebounded this morning after the gloomy employment conditions in Canada, as the Canadian economy added only 2.3k jobs in January while expectations were that the economy could add 6k jobs from December's reading of 17.5k, summing to 23.5k, ...
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Royal Dutch Shell Is Still A Buy
In contrast, clean net earnings in the Exploration & Production (E&P) division jumped year-over-year by 48% to USD 5.1 bln, which was entirely driven by higher oil prices as production volumes fell year-over-year by 5.5% to 3.3 mln boe/day (partly due ...
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NZD direction depends on tug-of-war between domestic negatives and global ...
Worsening sentiment towards the USD was the chief driver of last week's NZD/USD gains. The promise of extra liquidity from the US Federal Reserve on Thursday saw the USD suffer, as US interest rates tumbled. Last week's RBNZ decision to hold rates at ...
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Sterling at 1-month high vs weaker dollar after Fed
Sterling rose to a one-month high ...
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Wheat at 3-week top on supply concerns, Fed outlook
The dollar steadied in early Asian trade on Thursday, giving back some of its gains against the yen but paring losses against other rivals after a more dovish-than-expected outcome of the Fed's latest meeting pressured it overnight.
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Nikkei set to edge higher, Greek debt talks eyed
Euro zone officials told Reuters that finance ministers sent back for further negotiations a debt restructuring offer from private Greek bondholders to achieve a lower average coupon, or interest rate, on new Greek bonds. Ahead of the meeting, ...
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GBP/USD awaiting UK Retail Sales data for cues
"Economic indicators in the manufacturing and industrial sectors remain weak, and the worsening crisis in the eurozone is weighing on the pound," explains Forex Crunch. "Thus, the overall sentiment is bearish on GBP/USD towards this release. ...
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USD/JPY bouncing from newly printed low, 76.70
Although trading sideways since January 4, the USD/JPY has been falling today, erasing Friday's rally and pushing further down. With less volume than usual due to Martin Luther King Day, bank holiday in the US, the USD/JPY ...
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Euro hits 16-month low vs dollar; risks mount
The euro hit a 16-month ...
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Dollar firms as jobs market shows signs of life
The greenback was mixed against its cousins in Canada, Australia and New Zealand, with USD/CAD rising 0.65% at 1.0365, AUD/USD down 0.29% to 1.0232 and NZD/USD up 0.08% at 0.7813. The dollar index, which tracks the performance of the greenback versus a ...
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China''s foreign trade will touch USD 4.8 trillion by 2015
The full-year volume of China''s imports and exports stood at USD 2.97 trillion in 2010, Chinese Commerce Ministry said. The ministry also predicted that retail sales will grow at an average annual rate of 15 per cent to top 32 trillion yuan (USD 5.1 ...


