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GBP/USD - nearing an important weekly support

posted by Avatar kingsoom 1 day 2 hours 17 minutes ago in GBP made popular 23 hours ago

All of the major currencies playing against the usd dollar have been seriously struggling and falling the last couple weeks. Now the gbp/usd is nearin... read more
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Venezuela's oil basket tumbles again; hits USD 101.63 per barrel

posted by Avatar forexclaim 1 day 16 hours ago in USD made popular 1 day 13 hours ago

The Venezuelan crude oil continued its downward trend, amid an oil market hit by bad signs for the global economy. The Venezuelan oil basket dropped USD 3.03 this week compared to last week s average and ended at USD 101.63 per barrel during the week ... read more
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

posted by Avatar peppercorn 1 day 16 hours ago in USD, EUR, JPY, GBP, CAD, AUD made popular 1 day 15 hours ago

Risk aversion has continued to support the USD in its role as "safe-haven" asset with the ongoing fears that the Eurozone remains on shaky ground. Meanwhile, the outlook for the US economy continues to improve with consumer confidence far surpassing ... read more
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Dollar to Dominate until Greece a Done Deal

posted by Avatar yen2yen 1 day 18 hours ago in CAD made popular 1 day 17 hours ago

CAD: Canadian March Retail sales were mixed with a monthly sales gain of +0.4%, slightly ahead of expectations for a +0.3% rise. Retail sales ex-autos were up +0.1% vs. a +0.5% expected rise. USD: April's US new home sales rallied +3.3% to a seasonally ... read more
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Euro Continues To Search For Support, Sterling Still Eyeing 1.5600

posted by Avatar chloegurl 1 day 18 hours ago in USD, EUR, GBP made popular 1 day 18 hours ago

By DailyFX 05/25/12 - 10:20 AM EDT By David Song, Currency Analyst Higher interest rates will do more good for savers than they will do damage to borrowers. By Doug Kass If you combine the technical picture with the European uncertainty there's good ... read more
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Daily Forex Fundamentals - May 25, 2012

posted by Avatar EJSuratos 1 day 20 hours ago in Fundamental, Daily made popular 1 day 17 hours ago

It's the last day for you cool cats to make pips for this week, so make sure you know what's up in the forex market. Read up on my daily forex fundamentals report! read more
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C$ slightly weaker as European fears weigh

posted by Avatar WebMarket 1 day 21 hours ago in all made popular 1 day 18 hours ago

Canada's dollar was slightly weaker against its US ... read more
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EUR/USD threatens 1.2500

posted by Avatar ashpotter 1 day 23 hours ago in EUR made popular 1 day 19 hours ago

At the same time, the US dollar is gaining traction ahead of the NA session, recovering ground in a clear 'profit-taking' scenario and hovering over the 82.50 level again. The Michigan Consumer Sentiment is the only data due in the US later on. read more
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Bank of Russia To Buy Considerable Figure" Of Gold Tonnage in 2012

posted by Avatar Pete 2 days ago in USD, EUR, GBP, CAD, AUD, Commodities made popular 1 day 21 hours ago

By Mark O`byrne Gold's London AM fix this morning was USD 1560.50, EUR 1240.66, and GBP 996.04 per ounce. Yesterday's AM fix this morning was USD 1558.50, EUR 1239.27, and GBP 993.62 per ounce. Gold was off $1.70 or 0.11% in New York yesterday and ... read more
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ForexLive European Morning Wrap: Mild Risk On Backdrop

posted by Avatar ejc 2 days ago in Fundamental, Daily made popular 1 day 23 hours ago

European stocks, gold, oil, US treasury yields all marginally firmer, reflecting a mild risk on backdrop.
EUR/USD up at 1.2585 from early 1.2530, having reached the dizzy heights of 1.2603 at one stage. The release of slightly better than expe read more
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EUR/USD May Bounces Off Support on Italian Promises

posted by Avatar forexcrunch 2 days ago in USD, EUR

Euro USD managed to find support on low ground and bounce off. Italy’s technocrat Prime Minister Mario Monti said that Greece will likely stay in the euro-zone, and that Italy can help convince Germany to “support Europe’s common good”. Germany j read more
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Negative Q1 GDP Growth in UK Weighs on GBP; FTSE 100 Hovers

posted by Avatar spreadbetman 2 days ago in USD, EUR, Technical made popular 2 days ago

High yielding currencies were lower during the last few sessions, propelled in part by disappointing growth figures out of the UK. First quarter GDP numbers in the UK were lower than market expectations (largely on weakness seen in the constructi read more