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Forex Flash: EUR/USD substantial resistance at 1.2900 – Lloyds Bank
January 19, 2012FXstreet.com (Barcelona) – The euro is trading higher on Thursday as risk appetite sharpens ahead… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex: GBP/USD should weaken further – MIG Bank
January 16, 2012FXstreet.com (Barcelona) – Bijoy Kar, analyst at MIG Bank, sees scope “for a further bout of… For more information, read our latest forex news. FXstreet.com: Latest News
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European markets fall on bank capital concerns
January 5, 2012FXstreet.com (Barcelona) – The DAX 30 falls by -1.39%, Spain’s IBEX 35 sheds -2.20%, French CAC 40… For more information, read our latest forex news. FXstreet.com: Latest News
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Euro Slips Back Below the 1.30 Level
January 4, 2012Euro in forex trading Yesterday, the euro ended above the 1.30 mark, gaining as general optimism took over. The story has changed now, and that optimism is disappearing, replaced, once again, by fears about the eurozone. Indeed EUR/USD has slipped below the 1.30 level again, heading lower as concerns about the banking industry in Europe [...]
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Forex Flash: Double digit inflation affecting TRY – Danske Bank
January 3, 2012FXstreet.com (Barcelona) – Turkey’s inflation continues rising, back above to double digit… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex Flash: Waiting for rating agencies’ verdict – Danske Bank
December 16, 2011FXstreet.com (Barcelona) – The EU summit hasn’t resolved most of the crisis issues, despite… For more information, read our latest forex news. FXstreet.com: Latest News
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US Dollar Plummets as Central Banks Coordinate Efforts
November 30, 2011Greenback in currency trading The US dollar has plummeted in forex trading on the currency market today, following a coordinated effort by some of the world’s major central banks to increase liquidity. The Federal Reserve, European Central Bank, Bank of Canada, Bank of Japan, Swiss National Bank and Bank of England, have all decided to [...]
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Forex Flash: SNB’s ability has yet to meaningfully challenged – Deutsche Bank
November 26, 2011FXstreet.com (Córdoba) – According to analyst from Deutsche Bank the ability of the central bank of… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex Flash: SNBs ability has yet to meaningfully challenged – Deutsche Bank
November 25, 2011FXstreet.com (Córdoba) ‘
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Forex Flash: Sentiment is definitely against the euro at the moment – Danske Bank
November 13, 2011FXstreet.com (Córdoba) – The European debt crisis has moved into a new critical phase with the rise… For more information, read our latest forex news. FXstreet.com: Latest News
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Bank of Japan Intervenes to Send Yen Lower
November 1, 2011Japanese yen in forex trading The Japanese yen is heading lower in forex trading on the currency market today, down as the Bank of Japan intervenes to halt a recent rise in the yen against its major counterparts. As the yen weakens, the U.S. dollar is being used as the safe haven of choice. Yen [...]
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Forex Flash: GBP/USD testing past Friday high – Danske Bank
October 10, 2011FXstreet.com (Buenos Aires) – Despite Pound gains seem limited this Monday, the GBP/USD trades… For more information, read our latest forex news. FXstreet.com: Latest News
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ECB, BOE Likely to Keep Rates the Same
October 5, 2011Euro down in forex trading The European Central Bank, and the Bank of England, are both likely to keep their respective benchmark interest rates the same tomorrow. Not much has changed, and the low rates are needed to help with the economy. Additionally, the Bank of England could announce QE2 measures to help stimulate the [...]
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Forex Flash: EUR/USD likely to test 1.3000 next month – Danske Bank
September 24, 2011FXstreet.com (Córdoba) – The decline of the EUR/USD is likely to continue wrote analysts of Danske… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex Flash: Euro area to move toward fiscal integration – Danske Bank
September 20, 2011FXstreet.com (Córdoba) – The main scenario for analysts at Danske Bank is that the debt crisis and… For more information, read our latest forex news. FXstreet.com: Latest News
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Swiss National Bank Intervenes CHF Weakens USD Gains
September 8, 2011Yesterday the Swiss National Bank announced that they would take unprecedented measures to weaken the Swiss Fanc. They have stated that their intention is necessary to coerce the currency into a stable state above 1.20 EUR/CHF. The announcement saw one of the biggest moves seen in the currency markets for a decade. Read more … [...]
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Forex Flash: EUR/USD pointing to the upside, medium to longer term – Danske Bank
August 15, 2011FXstreet.com (Córdoba) – The debt crisis continues to put pressure over the Euro. Recent decline in… For more information, read our latest forex news. FXstreet.com: Latest News
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France Backs Draghi, Building Support for the Bank of Italy Governor for ECB President
April 27, 2011Broad based support seen growing for Draghi Mario Draghi, the governor of the Bank of Italy, is garnering wide support, and could be the next ECB president. The most recent endorsement for Draghi comes from France, following the support offered by Germany’s finance minister last week. Current ECB president Jean-Claude Trichet will be stepping down [...]
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EURO UNDER PRESSURE AS SPANISH BANK REFORM LOOMS
April 15, 2011The dollar remains generally weak, hitting a fresh 16-month low against a basket of currencies in early morning trade as markets remain convinced that the Federal Reserve will keep its loose monetary policy, widening interest rate differentials in favour of higher-yielding currencies. According to Beige Book released last night (which will form Read more … [...]
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Bank of Canada Leaves Rates Steady; Looks for Hike Sooner than Expected
April 13, 2011Loonie stymied in forex trading The Bank of Canada announced that it would keep its benchmark interest rate steady at 1%. The news has the loonie lower in forex trading against the greenback. The decision was expected, but that didn’t help forex traders feel better about it. However, the outlook for the Canadian economy is [...]