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AUD eases lower after risk appetite wanes
The Australian dollar opened lower on Thursday as risk aversion returned after BP agreed to place $US20 billion ($23 billion) into an oil spill victims fund.
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How Gold and Silver prices cause currency systems to crash
At most Business Schools you won´t learn the real causes of currency crashes. But from historic perspective it has been a consequence of a distorted Gold – Currency relationship, causing huge outflows of Gold
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Dollar down on risk aversion
THE dollar opened lower on today as risk aversion returned after BP agreed to place $US20 billion ($23.09 billion) into an oil spill victims fund.
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Euro rebound stalls on Spain worries, US data
The euro was little changed against the dollar on Wednesday, as a recovery in US stocks lifted risk appetite and offset fresh concerns about Spain's credit and banking system.
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USD Retracement Fundamentally Limited
Investor optimism has put in for a dramatic recovery his past week; and as a natural side effect, risk-based assets have rallied while the safe-haven US dollar has tumbled.
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Euro retreats from 2-week high on Spain worries
The euro fell against the US dollar yesterday, retreating from an earlier two-week high, as fresh concerns about Spain's credit and banking system undermined sentiment.
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European currencies surprising strength!
The Euro broke the resistance specified in yesterday’s report 1.2254, and successfully reached the first suggested target 1.2295 and came very close to the second suggested target 1.2352, stopping only 4 pips before it (yesterday’s high was 1.234
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CAD closed at 97.52 cents US, down 0.03 of a cent on Wed
The Canadian dollar closed down 0.03 of a cent US at 97.52 cents on Wednesday. The U.S. dollar stood at 102.54 cents Cdn, up 0.03 of a cent.
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EUR/USD Technical Analysis Overview
I’ve played with trendlines and noticed great support area at H1 time frame. The idea is to watch this support area (red) using your favorite strategy, if your strategy confirms buy or sell signal in this area wait for support break for sell – su
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Gold prices drop as euro gains
Gold fell for the third time in four sessions as a rally in the euro reduced demand for the precious metal as a haven. Platinum rose the most in two weeks on improved prospects for industrial commodities.
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House price growth to slow
Rising interest rates and weaker first home buyer activity will lead to slower house price growth in 2010, a leading economic forecaster says.
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Strong Beginning, Tepid Finish For The Euro
EUR/USD rallied to the low 1.2270s straight out of the gate this morning, before running into sellers from central banks. Price consolidated below that level until the 15:00 GMT fixing when the offers were absorbed and prices rallied as high as 1


