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Daily Forex Snapshot - ACM
The Usd massive gains were halted slightly in Asian session, as growing optimism regarding the second attempt for a Bailout and banking sector worries plagued the Eur. The FX market witnessed the steepest appreciation of the greenback against the Euro since 1999....
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Greenback Rallies as Dollar Funding Dries Up
The dollar rallied against its rivals Tuesday as LIBOR rates rose to record levels in the latest sign of the extreme liquidity squeeze in the global financial system. The greenback was supported by investors’ flight to quality flows and...
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U.K. Manufacturing Slips to Record Low, Fueling Recessionary Fears
Manufacturing activity in the U.K. contracted for the fifth consecutive month, falling to a fresh record low of 41.0 from a revised reading of 45.3 in...
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U.K. Manufacturing Slips to Record Low, Pound-Dollar Pulls Back From Intraday High
Manufacturing activity in the U.K. contracted for the fifth consecutive month, falling to a fresh record low of 41.0 from a revised reading of 45.3 in...
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EUR/JPY - Euro Yen, European Session - 01/10/08
149,41.
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Market Overview by Forex Yard
Economic News
* USD
U.S. ADP Non-Farm Employment Change on Tap.
The U.S. financial crisis shows no signs of weakening with the recent bank failure of Washington Mutual. WaMu is the countries largest bank failure and shows just how difficult of a time the...
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Varengoldbank FX - Daily FX Report
This morningÂs 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.
Click for the full report.
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Forex Market Update
USD sweeps stronger across the board as banking woes go worldwide. Equity and yield bounceback trigger enormous USDJPY reversal.
USD may continue to reign supreme for now despite likely very ugly economic data in the pipeline.
MAJOR HEADLINES
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Dukascopy Daily Forex Overview
The euro plunged against the dollar Tuesday as rising signs of trouble in the European banking sector created robust overseas demand for greenbacks.
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Forex & Economic Commentary by Lloyds TSB
Market attention will continue to focus on prospects for the US rescue plan for the financial sector which was rejected by Congress on Monday. Political manoeuvrings are likely to be required to bring Republicans on board (the majority of whom voted...
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Betonmarkets.com Morning Report
Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com
The FTSE is currently indicating a higher opening, as rumors intensify that another bailout bill will be introduced in congress today. The rumor was the main reason...
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Market Update from Trade The News
Asian Market Update:
Asian equities underperform the earlier sharp gains seen in US stocks
-TARP
Update: According to reports, the US Senate has agreed to vote on the bank
rescue plan tomorrow. The Senate's plan would increase federal deposit ...
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FX Comment - CMC Markets
Please find below today's forex comment from Gary Thomson, head of sales trading at CMC Markets.
October 1st - The Fed's bail out plans remain high on the agenda for currency markets and the dollar continues to find some overall support off the prospect, most...
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Forex and Equity Market Day In Review by Merk Investments
Equity markets saw a broad based relief rally caused by a breakout of
optimism that the U.S. Congress will revisit the $700bln rescue package
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Road to the Final Four
Good for a laugh.
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