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Weekly Trading Update - November 3-7
It was quite an eventful week on the markets with the UK slashing interest rates by 1.5% and Barack Obama being elected president, and it was quite an eventful trading week for me personally as well with three separate trades being ...
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British Pound at Lower end of Range; Bullish Opportunity
Range conditions persist. With the US dollar is at the top of its recent range, trade accordingly.
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U.S. Non-Farm Payrolls Fall 240K in October, Unemployment Rate Surges to 14 Year High, But What About the Dollar?
U.S. Non-Farm Payrolls fell 240K in October following a 284K decline in September, and has certainly raised concerns that conditions may only get worse...
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Daily Forex Snapshot - ACM
The Usd was mixed in the Asian session, as equities markets continue to come under significant selling pressure. The EurUsd bounced around the 1.3100 – 1.2654 levels, while UsdJpy was relatively unchanged, trading between 98.03 and 96.80.
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AUD/USD - Australian Dollar US Dollar, European Session - 07/11/08
0,6684.
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EUR/AUD - Euro Australian Dollar, European Session - 07/11/08
1,9053.
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EUR/CAD - Euro Canadian Dollar, European Session - 07/11/08
1,5260.
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EUR/CHF - Euro Swiss Franc, European Session - 07/11/08
1,4988.
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Daily Forex Fundamental Analysis - Investica
Fears over the Swiss economy will continue in the short term and this limit any franc support on defensive grounds.
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Forex - BoE lowered benchmark to 3% while ECB cut by a disappointing 50bp and SNB surprised with a 50bp cut.
The Euro fell broadly on Thursday after the European Central Bank cut interest rates by 50bp, disappointing investors waiting for a more aggressive move. The ECB's decision to reduce...
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Australian Dollar Heads for Weekly Gain Against the U.S. Dollar
Currency trading with the AussieThe Australian dollar is heading for another gain against the U.S. dollar in forex trading on the currency market.
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Forex Trading Forecast: U.S. Dollar
Currency trading with the greenbackThe forex trading forecast for the U.S. dollar is looking a little grim right now.
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Swiss National Bank Cuts Interest Rates
Swiss franc appreciation in forex trading one reason for 50 point cutThe Swiss National Bank has cut its interest rate in an effort to remain proactive in terms of the economy at this time.
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Wachovia Daily FX Report
Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups
Click for the full report.
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Non-Farm Payrolls Instant Insight: -524K Jobs Lost in 2 Months
There is nothing good about today’s labor market report - between September and October, 524k jobs were lost in the US economy. Even though last month’s job losses were worse than the market expected (-240k), it was not as bad...
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