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Bobby's Corner Market Open 8.12.2008
Good Morning:. The dollar continues to strengthen as speculation mounts that tumbling commodities will help boost the US economy. read more.
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Forex News: US Trade Deficit come in at -56.8 billion
Better than expected. Exports increased by 6.4 billion but imports grew by a lesser amount of 3.9 billion. Exports were led by increases in industrial supplies and materials, capital goods, foods, feed and beverages, consumer goods and ... ...
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Forex News Preview: Canada Trade Balance due out at 8:30 AM EDT
read more.
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Forex Trading News: ECB's Weber on the Wires
Highlights from the ECB's Weber:. ECB WEBER SAYS THERE IS NO NEED FOR ECONOMIC PESSIMISM - GERMAN PRESS INTERVIEW - ECB must prevent fast inflation from boosting wage developments - Does not see Euro Zone inflation below 2% this year or ...
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Market Overview by Forex Yard
Economic News
* USD
Will a Bearish Correction Take Place?
Yesterday, the USD rallied against all the major counterparts. The EUR/USD dropped over 150 pips, descending below the 1.4900 level. The dollar experienced similar sessions vs. the GBP and the CHF as...
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Forex & Economic Commentary by Lloyds TSB
Key data for release today includes July UK CPI, RPI and RPIX price inflation. Cuts in petrol pump prices may have offset higher utility bills leading to no change on the month, but on an annual basis, CPI inflation is likely to have risen by 4.4% in...
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Dukascopy Daily Forex Overview
Falling oil prices and rising U.S. stock markets Monday helped push the dollar to a 21-month high against the U.K. pound and a six-month peak against the euro. The euro fell to as low as $1.4880 Monday, its lowest since February, while sterling slumped to...
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FX Outlook - CMC Markets
Please find below today's forex comment from James Hughes, market analyst at CMC Markets.
August 12th - Dollar gains continue to dominate currency markets with GBP/USD being the latest to see a big level fall. 1.9000 has broken in recent trade, the first time...
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Pound Finds Support At 1.8970 As CPI Rises To Highest On Record
Talking Points - Japanese Yen: Finds Support Below 110 - Euro: Bounces From 1.4820 - British Pound: Inflation Rises To Highest On Record - US Dollar: Trade...
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Market Overview by Forex Yard
Economic News
* USD
Will a Bearish Correction Take Place?
Yesterday, the USD rallied against all the major counterparts. The EUR/USD dropped over 150 pips, descending below the 1.4900 level. The dollar experienced similar sessions vs. the GBP and the CHF as...
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Forex Technical Analysis - RCPL Forex
Euro: Euro plummeted for the fifth consecutive session as it broke past the 1.49 mark to touch a low of 1.4860 in the early morning session today. Euro has taken out all key supports and has depleted almost 800 pips in the last 7 trading session as the...
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DAILY FX FORECASTS
DAILY FX FORECASTS
FXDREAM EUR/USD
Date: Tue, 12 August 2008 07:30:05
Resistance levels: 1.4950/1.5000/1.5100
Support levels: 1.4820/1.4770/1.4720
EUR/USD has fallen further below 1.4850 our next down suggestion over the last trding sessions Today focus will...
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Forex Trading - DCLG UK House Prices - early release
The DCLG UK House Prices came out early and weaker than expected at .6% versus the 1.5% survey and 3.7% reading the prior month.
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Forex Trading News: EURUSD and GBPUSD
The EUR and GBP are moving very similarly vs. the USD as both pairs came off session lows and retraced back to the 38.2 % level only to bounce off. The GPBUSD fell below 1.9000 for the first time since late 2006 as the weakening UK ...
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Forex & Economic Commentary by Lloyds TSB
Key data for release today includes July UK CPI, RPI and RPIX price inflation. Cuts in petrol pump prices may have offset higher utility bills leading to no change on the month, but on an annual basis, CPI inflation is likely to have risen by 4.4% in...
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