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Market Overview by Forex Yard
Economic News
* USD
Dollar Appreciates Despite Negative Figures
After a relatively negative news day, the USD still managed to appreciate against most of its currency counterparts. How can this be? Analysts have declared a decreased risk appetite and...
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Varengoldbank FX - Daily FX Report
This morning’s Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar.
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Japanese Yen Continues Its Upward Climb in Currency Trading
Forex trading with the Japanese yenThe Japanese yen is continuing its upward movement in currency trading on the FX market.
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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
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Forex Market Update
Fear returns and pushes risk aversion back toward recent extremes. JPY charges stronger again and EURUSD back toward recent lows.
US Retail Sales shows retrenching consumers. New focus on end of year liquidation risks from mutual funds and hedge funds.
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Market Update from Trade The News
European market
Update: Global growth concerns weigh on equities and commodities
***
ECONOMIC DATA ***
- (CH) Reportedly China YTD Industrial output +15.
2% y/y - Industry association
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Forex & Economic Commentary by Lloyds TSB
Heavy losses overnight in the US and Asian equity markets are likely to spread to UK and European markets today as participants worry over the state of the global economy. Participants will also track the daily libor fixings - spreads are narrowing...
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Dukascopy Daily Forex Overview
On Wednesday, the unwinding of risk appetite put the dollar and yen back on top.
Data issued Wednesday showed U.S. retail sales fell 1.2% from August, the largest fall since August 2005 and bigger than the 0.7% drop forecast by economists. The Fed's Beige...
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USD and JPY Rise on Further Signs of Global Economic Contraction
The dollar fell versus the yen but rose against other key currencies Wednesday. Risk aversion increased on speculation international rescue efforts to shore up financial institutions will not prevent the global economy from a...
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German Government Lowers Growth Forecast, Will the ECB Act?
The German government cut the 2009 GDP forecast to just 0.2% from 1.2% back in April. Growth this year is seen at 1.7%. The government expects a sharp...
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Euro Finds Support At 1.3350, Swiss National Bank Rescues UBS
The Euro is finding a bid tone after risk aversion sent it lower to test 1.3350. The EURUSD would test the support level several times before Euro bulls...
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Swiss ZEW Survey Slips to Record Low as Uncertainties Linger
Investor sentiment in Switzerland fell to a fresh record low in October, triggered by the downturn in the global financial market. The Swiss ZEW survey...
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Overnight Interest Rate Update 10.16.08
Current Yesterday USD 1.93750 2.14375 GBP 5.17500 5.37500 EUR 3.75000 3.73625 JPY 0.87625 0.96750 CHF 3.75833 4.00000 AUD 7.32500 7.31250 CAD 3.17500 3.42500 NZD 9.12500 9.37500
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Chart of the Day: AUD/JPY
Of the currency pairs that I listed yesterday as possibly setting up for another trade, it appears that the JPY strength is a common theme in many of them.
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Identifying Trades with DailyFX 10.16.08
http://stocktwits-production.s3.amazonaws.com/IPL.AX_633597046843921250.png
10/15/2008Â*9:50:37 PMÂ*GregorMacdonald: @jmclarty Here is what I have bought in OZ so far: $IPL.AX $ORG.AX $AVO.AX and $AFI.AX I may make one final buy tonight....
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