Saturday, July 18, 2009

U.S. Building Permits Data to Drive USD Trading Today

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The forex market is set to go very volatile on the release of Building Permits data from the U.S. In turn, this is likely to be crucial in d...
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Crude Rises the Most in 3 Weeks

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Crude Oil prices remain steady at above $61 a barrel on Thursday, after gaining 3.4% in the previous session. Oil's gains on Wednesday c...

New Zealand Dollar Tumbles as Fitch Downgrades Credit Outlook to a 'Negative' (Euro Open)

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The New Zealand Dollar fell sharply late into the overnight session as credit rating agency Fitch downgraded the smaller antipode’s long-ter...

Dollar and Yen lose safe haven appeal, but not for the same reasons

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As the Dollar and Yen lose their luster for now, partly due to positive news and partly due to political uncertainty (in Japan primarily, bu...

Dollar retreats again on good corporate news, Euro reverses after German data

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USD The Dollar slid on Tuesday in very up and down trading against most currencies, after US Investment Bank, Goldman Sachs, reported better...
Wednesday, June 10, 2009

Pound Slides against Euro, Dollar as Pressure on Prime Minister Rises

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The pound posted the fourth day of losses in a row against the U.S. dollar as a serious political crisis deepens in Great Britain, where Pri...

Dollar Climbs on Interest Rates Raise Speculations

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The dollar gained versus the main currencies as speculations that the U. S. Government will raise its interest rates by the end of the year,...
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