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Swiss Franc Hits New Record High Against Euro

posted by ezir 708 days ago in CHF made popular 708 days ago

The Swiss franc climbed to a new record high against the euro, as investors continue to take advantage of the Swiss National Bank's dropping of its policy that sought to stem the franc's ascent.

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Swiss Franc ETF Set to Soar

posted by Binsonu 708 days ago in USD, CHF made popular 708 days ago

The fiscal woes of the eurozone have been well chronicled in recent weeks, with each crisis of confidence sending the common currency to new lows against the U.S. dollar.

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Euro Gains Could be Reversed

posted by megumi 708 days ago in EUR made popular 708 days ago

The euro is just in a "corrective phase" and its recent gains could be reversed because "there are so many unknowns," Jane Foley from Forex.com told CNBC Friday.

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Cover-It-Live (6/18) – Fundamental News and Technical Analys

posted by FXTimes 708 days ago in Technical, Fundamental made popular 708 days ago

Join us as we discuss this week's market activity from a technical analysis perspective and take a look at key fundamental stories.

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Yen Advances on Speculation

posted by sora 708 days ago in JPY made popular 708 days ago

The yen advanced against the euro and the dollar amid concern spending cuts to contain Europe’s debt crisis will damp global economic growth, boosting demand for the safety of Japan’s currency.

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Gold price hits record above $1 258 an ounce

posted by fahrell 708 days ago in USD, Gold made popular 708 days ago

The price of gold surged to an all-time high point above $1 258 an ounce on Friday, on the back of the weaker US currency and downbeat US economic data, traders said.

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Risk Appetite and the Euro Rise

posted by DailyFX 708 days ago in USD, EUR, Fundamental made popular 708 days ago

The burst of life the speculative markets showed last week has proven itself more robust than what many had expected. A number of financial benchmarks for investor sentiment have established a second week of optimism along with noteworthy breakou

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Risk FX Rally Rolls On Despite Weak US Jobs Data

posted by fx360 709 days ago in USD, EUR, Oil made popular 708 days ago

US weekly jobless claims unexpectedly rose by 12,000 to a total of 472,000 to reach their highest level in four months. On a more positive note the four week moving average declined slightly to 463K. Nevertheless the jobless claims data suggest t

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German PPI Surprises to the Upside

posted by fx360 709 days ago in Technical, Daily made popular 708 days ago

German Producer Prices for May printed above expectations rising 0.3% versus 0.2% eyed. Excluding energy German PPI rose 0.6% or 1.8% on an annual basis. While price levels remains contained and are still below ECB’s self imposed 2% target, the

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US Economy's Half Speed Outlook

posted by ezir 709 days ago in USD made popular 709 days ago

The US Federal Reserve meets next week for two days and already there's a very confident expectation that there will be no change in interest rates or in its current indefinite timeline for leaving rates where they now are.

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Yen Advances for 5th Day as Japan Pledges to Cut Debt Levels

posted by sophia 709 days ago in JPY made popular 709 days ago

The yen gained for a fifth day against the dollar after Japanese Prime Minister Naoto Kan pledged to cut the world’s largest public debt, saying failure to do so may undermine the country’s sovereignty.

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Asian Market Update – 6/17/10

posted by topequitynews 709 days ago in Technical, Daily made popular 709 days ago

After several days of global risk appetite in the face of fresh turmoil in the EU – namely rumors of Spanish banking system demanding a liquidity oriented €250B credit line – Asian equity markets are finally exhibiting a more cautious tone. Nikke

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