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Forex Trading News: EUR German GDP and CPI Released
The German GDP comes out at 1.5% from the previous 0.3%. This was forecast at 0.7%. This is the highest reading since the second quarter of 1996. THe German CPI comes out at -0.2% on target with forecast. ...
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Forex Trading News: Forex Preview For Thursday, May 15, 2008
Attached is the Forex and economic previews for today.
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Hedging Through USDJPY Retrace Protects Longs, Offers Entry
As the worse of risk aversion abated, USDJPY began to lift from March lows at 91.71 to enter into what is now a nearly 2-month long uptrend. Price action...
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May 15 market commentary and technical levels
Thu, 15th of May, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook Yesterday the downside movement of EURUSD seems to be limited as the pair bottomed at 1.5396 but closed higher at 1.5477. My model is mixed with upside ...
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VIDEO: Forex.FXDD.com Daily Market Outlook. Top stories, releases ...
FOREX NEWS VIDEO: Forex.FXDD.com Daily Market Outlook. Top stories, releases and news for May 15th 2008. Thursday will be a very busy day with numerous releases to drive the market. Be sure to watch the video and to be...
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Why The Euro Could Continue To Fall
The Euro has reached unprecedented highs against the US Dollar in recent weeks. On April 22nd, the pair set an all-time high at 1.6018. The very next day,...
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Daily Market Commentary - GCI Financial
EURO. The euro depreciated vis-Ă*-vis the US dollar today as the single currency tested bids around the US$ 1.5395 level and was capped around the $1.5485 level. Technically, today’s intraday low was right around the 38.2% retracement of ...
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Subprime Skeletons Still In Closets
Freddie Mac (FRE: 27.38 +2.42 +9.70%) today reported a net loss of $151 million, or 66 cents a share, which was better than the 84 cent per share loss analysts had expected. Investors were happy with this, although in reality most of ...
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Former Fed’s Volcker Says Dollar Decline Can’t “Get Out Of Hand”
Today’s release of US inflation data should ease some anxiety off the Fed officials as it showed that consumer prices are increasing at a mild pace. The consumer price index rose 0.2% in April, less than the 0.3%...
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Japan’s “Lost Decade” Has Given Way to the New Asian Reality
By Keith Fitz-Gerald. KYOTO, JAPAN - On one of my first mornings at our home here, my family and I headed for the Fushimi Inari Taisha shrine. Built in the 8th century by the powerful Hata family, the shrine is best known for...
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Daily Market Analysis - ForexPros - 14/05/08
Today’s US Dollar Trading. • USD extends rally during New York • Flows described as light and disorderly. Overnight Preview. • Look for book-squaring • USD may have gotten ahead of itself. Looking Ahead to Wednesday ...
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Bernanke: Markets Still Far From Normal
Today Bernanke said that the financial markets are still “far from normal” and that the Fed is ready to lend money to banks as needed to help them maintain their liquidity. Bank of America (BOA: 0.00 N/A N/A), the second largest US bank ...
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CAD-strength across the board
Hello traders, Am I the only one finding CAD-strength across the board? I am seeing a few CAD-pairs tilting towards the side of the Looney. In particular, I’d like to point out the EURCAD which is breaking through a long term ...
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Cowabunga System Daily Update: Wednesday, 05/14/08
Whoaaa, I had a major wipeout today as I took 2 hits for a 51 pip loss. That's ok dudes because I know there will be much more gnarly waves in the future. See how it all went down in today's Cowabunga Surf Report.
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Softer Inflationary Pressures Fail to Stifle the Dollar's Gains
- Euro Left Out of the Action - British Pound Hits 2.5 Month Low
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