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Gold strikes record high

posted by hinata 707 days ago in USD, Gold

The price of gold surged to an all-time high point above $1,262, oil futures rebounded and coffee struck multi-month peaks in a positive week for commodities.

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All That Glitters IS GOLD when its selling at $1258.30 OU

posted by Flexie 707 days ago in USD, Fundamental, Gold made popular 707 days ago

Some of us who need money quick may be rethinking that seeming TV scam about cash for gold, especially when gold soared $1258.30 per ounce today.

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China Signals End to Yuan’s Two-Year Peg to Dollar

posted by eddie 707 days ago in USD, Fundamental made popular 707 days ago

China said it will allow a more flexible yuan, signaling an end to the currency’s two-year-old peg to the dollar a week before a Group of 20 summit.

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The Market Week Ahead

posted by WebMarket 707 days ago in Fundamental made popular 707 days ago

Shhh ... the stock market just had 2 consecutive winning weeks (and the 3rd gain in 4)!

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China to allow more exchange rate flexibility

posted by PipChecker 707 days ago in USD, Fundamental made popular 707 days ago

China's central bank promised Saturday to allow more exchange rate flexibility, suggesting a possible break from the Chinese yuan's two-year peg to the U.S. dollar, but it ruled out any large-scale appreciation.

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Oil’s Irreplaceable Role in the Global Energy economy

posted by ColdFire 707 days ago in USD, Fundamental, Oil made popular 707 days ago

Back in 2006, George W. Bush declared that the US is “addicted to oil.” Since then, that phrase has been repeated ad nauseum by politicos on both the Left and the Right.

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Australian and New Zealand Dollar Currencies Gain

posted by InvestorsChoice 707 days ago in AUD, NZD, Fundamental made popular 707 days ago

The prices of the Australian and New Zealand dollars increased and reached the highest levels in the last one month. The main reason for the increase was attributed to easing of concerns that European crisis will lead to the derailment of global

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Which do you trust. Gold or the Federal Reserve?

posted by Valerie 707 days ago in USD, Fundamental, Gold made popular 707 days ago

Almost everyone thinks that the money they pay in taxes goes to the US Treasury to pay for the expenses of the government.

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US' Geithner eyes implementation of China yuan move

posted by Tantan 707 days ago in USD, Fundamental made popular 707 days ago

U.S. Treasury Secretary Timothy Geithner said on Saturday he welcomed China's decision to make its yuan exchange rate more flexible, and called for "vigorous implementation" of the change.

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Loonie turns higher as oil prices rebound

posted by hinata 708 days ago in CAD, Oil made popular 708 days ago

The Canadian dollar edged higher on Friday as oil prices turned positive and stronger-than-forecast Canadian economic data and moderate gains on equity markets provided support.

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EUR & GBP Momentum is Deflating Against the USD

posted by FXalhabib 708 days ago in Technical

The EUR USD is still on a slightly bullish momentum but the the 1.2451 resistance line is holding strong. The EUR has lost some momentum and breaking of 1.2166 resistance line would push the currency back to .....

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USD/CAD Ready for Parity Once Again

posted by forexcrunch 708 days ago in CAD

Foreign Securities Purchases, which express the level of confidence that foreigners put in Canada, jumped to 12.36 billion, much higher than 2.87 billion Canadian dollars that was expected. This keeps USD/CAD in the lower range it reached, eying

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