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GBP/USD Stabilizes Above 1.565
On Thursday Pound/Dollar traded within 90 pip range. The Cable appreciated from 1.5637 to 1.5727 yesterday, in converse with the negative money flow sentiment at nearly -28%, closing the day at 1.5662. Today the British Pound is trading quietly, ...
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'Race to the bottom' is not a foregone conclusion
Id rather be neutral with than short, because selling AUD,NZD,ZAR 6%-8% lower than their levels only 3 weeks ago makes me feel unconfortable.Not for the levels, because may be they are expensive, but for the undesired freefall.
41 votes
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USD Index Threatens Bearish Channel, AUD Approaching Key Support
In turn, the rebound in the USD may be short-lived, but the greenback may ultimately breakout of the bearish formation should the developments coming out of the world's largest economy dampen expectations for additional monetary support.
27 votes
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Thailand - Market factors to watch - April 26
MARKET SUMMARY > Wall St pops on Apple's results, Fed's reassurance > Oil gains with Wall St, shrugs off US stock build > Dollar falls prey to dovish Fed, NZD resilient > Long-dated prices fall as Fed holds off new QE > Gold ticks down after Fed, ...
33 votes
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USD/CAD set to close below 0.99
The USD/CAD pair traded in range between 0.9875 and 0.9928 on Tuesday, quoted around 0.9880 ahead of the closing bell in New York, down 0.3% on the day. The slide followed disappointing Retail Sales in Canada for the ...
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Singapore Stocks-May fall on Europe uncertainty
----------------------MARKET SNAPSHOT @ 0003 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1366.94 -0.84% -11.590 USD/JPY 81.12 -0.05% -0.040 10-YR US TSY YLD 1.9331 -- -0.007 SPOT GOLD 1636.21 -0.09% -1.420 US CRUDE 103.06 -0.05% -0.050 DOW ...
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Euro Rebound Offers Selling Opportunity, All Eyes On Fed's Beige Book
The greenback lost ground on Wednesday, with the Dow Jones-FXCM US Dollar Index ( Ticker: USDOLLAR ) tagging a fresh weekly low of 9949, and the reserve currency may trade heavy throughout the North American trade as the rise in risk appetite appears ...
31 votes
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USD Index Poised For Higher High, GBP To Outperform On BoE Policy
By DailyFX 04/11/12 - 12:05 PM EDT By David Song, Currency Analyst Although t he Dow Jones-FXCM US Dollar Index (Ticker: USDollar ) remains 0.14 percent lower from the open, the greenback looks poised for a rebound as the 30-minute relative strength ...
26 votes
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Indonesia - Market Factors to watch - April 4
BW PLANTATION EYES MORE LAND ACQUSITION IN KALIMANTAN A palm oil plantation firm, PT BW Plantation Tbk, plans to acquire around 10000-20000 hectares of land in Kalimantan with a total ...
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FX markets have seen EUR/USD trading almost flat around 1.32
USD13bn in 10-year Treasury Inflation Protected Securities (TIPS) was sold with a record low negative yield at -0.089%. The breakeven inflation is 2.38% over the coming decade. FX markets have seen EUR/USD trading almost flat around 1.32 since ...
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EUR Bias Remains The Same
Following yesterday's strong US housing starts for last month, a firm existing home sales reading later this morning should provide some support for the 'mighty buck,' limiting the loonie progress and tempering the EUR advance or at least until the ...
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The cautious trading is dominating the Asian session
Moving to the Japanese currency, as the USD/JPY pair is slightly declining, as it is currently trading around 83.64, yet it recorded its highest at 83.73 and lowest at 83.63. Moving to the NZD/USD pair, which is currently is slightly advancing, ...


