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Weak Job Growth Does Not Always Equal Weak Retail Sales
The biggest event risk for the US dollar this week will be the April retail sales report. Since hitting a record low against the Euro the middle of last month, the greenback has strengthened significantly. However as the market finally...
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Forex News: ECB Trichet on the wires
Says: EXC has expressed concern about EURUSD exchange rates. The EURUSD has come off the highs at 1.5567 on the comment (Trading at 1.5555 now).
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Forex News: ECB Trichet on the wires
Says: EXC has expressed concern about EURUSD exchange rates. The EURUSD has come off the highs at 1.5567 on the comment (Trading at 1.5555 now).
Go to Full Article
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Forex Trading:EURUSD remains bid
The EURUSD has remained bid this morning a trades near the high level for the day. Earlier today, the pair made it through the 200 hour moving average and did not look back. Now the pair is approaching the 38.2 Retracement level of the ...
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Weak Job Growth Does Not Always Equal Weak Retail Sales
The biggest event risk for the US dollar this week will be the April retail sales report. Since hitting a record low against the Euro the middle of last month, the greenback has strengthened significantly. However as the market finally...
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Weekly Trading Lesson: The Moving Average Convergence/Divergence (MACD)
See the article...
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Forex Trading:EURUSD through the 200 hour moving average
The 200 hour moving average comes in at 1.5469. Watch this level to provide support today. A move back below the level and the move would be neutralized.
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Forex Trading: GBPUSD better bid this morning.
The GBP has been bid today as the UK PPI came up much stronger than expected at +2.4% MoM. The bottom line on a flag formation on the daily chart held earlier today. That - coupled with the strong fundamental news - was enough to send ...
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Forex Trading: Major Currencies
What are the major currencies?In currency trading on the FX market, you might run into the term "major currencies." So, in forex trading, what are the major currencies? Major currencies are those that are most traded in currency trading ...
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Forex Trading Forecast: Week Ahead
A look at what's scheduled for the currency marketThe forex trading forecast this week will be affected by economic data that is expected to be released tomorrow and Wednesday. You can get an idea of what might happen on the currency ...
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Forex Trading Strategy: UK Pound
Sterling gains in currency tradingThe sterling is gaining strength in currency trading today on the FX market. Forex trading strategy should consider that the gain is thanks to the recent positive PPI data coming out of Britain. ...
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US Dollar Strengthens in Forex Trading
Currency trading with the greenbackAfter a choppy end to last week for the US dollar in forex trading, things are starting to turn around. In currency trading, the greenback is showing strength as oil prices retreat slightly. ...
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New Zealand Dollar Falls in Forex Trading
Growth slows for down under currenciesThe New Zealand dollar is down in forex trading today as risk aversion increases and the carry trade unwinds. The New Zealand dollar is also being hit by consumer confidence reports. ...
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The Week Ahead - Euro Giving Back
Last week the Central Banks of England, Australia, and the Euro zone held rates steady - as expected. The US Trade Balance contracted to -$58.2 Billion according to the latest numbers released on Friday. ...
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In the Financial Papers: Today’s Top Forex News 05.12.08
Here is the “In the Financial Papers Radio Broadcast” (Length: 4:50 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: PBOC raised the reserve...
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