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Forex: AUD/USD erases gains, eyes 1.0640
June 1, 2011FXstreet.com (Córdoba) – The Aussie weakened after Wall Street opening and turned to the downside… For more information, read our latest forex news. FXstreet.com: Latest News
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Risk Aversion Produces Gains for Swiss Franc and Japanese Yen
May 26, 2011World currencies in forex trading Risk aversion was the story earlier today, as the Japanese yen and Swiss franc logged gains in forex trading. These two currencies are considered safe and stable, and with concerns about euro zone debt (fears were stoked again by Jean-Claude Juncker), and other problems, it is little surprise that the [...]
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Forex: EUR/USD retreats but still holds important gains
May 16, 2011FXstreet.com (Córdoba) – The Euro is consolidating around daily highs against the Dollar. The… For more information, read our latest forex news. FXstreet.com: Latest News
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STERLING RETRACES ITS GAINS IN EARLY MORNING TRADING
May 12, 2011After an attempted claw back early yesterday, the euro came under sharp selling pressure again over the day and overnight as markets continue to focus on euro zone debt issues. Fears that problems in Greece could impact elsewhere, despite the best efforts of policymakers to try and keep the situation under control, pushed the single [...]
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U.S. Dollar Pares Gains in Currency Trading
May 6, 2011Euro heading higher in forex trading The U.S. dollar saw a great rally yesterday in currency trading on the FX market. Earlier, the greenback also got a bit of a boost from the latest news related to the jobs report. With a better than expected hiring report, the U.S. dollar got some help. However, those [...]
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Euro Gains in Forex Trading as GDP News Hurts U.S. Dollar
April 28, 2011EUR/USD continues rally The EUR/USD currency pair continues to rally in forex trading as the latest GDP data comes in. U.S. economic growth in quarter one of 2011 was disappointing, and that is reflected in the way that forex traders are looking to other currencies right now. For now, the euro is gaining in forex [...]
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Emerging Market Currencies in 2011
January 5, 2011Emerging market assets/currencies registered some unbelievable gains in 2010 as the global economy emerged from recession and investor risk appetite picked up. In the last few months, however, emerging market currencies gave back some of their gains as the EU sovereign debt crisis flared up and the currency wars began to rage. Given that neither [...]
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Sterling Trades Within Narrow Ranges Due To A Lack Of Fresh Data
October 28, 2010Sterling staged modest gains against a basket of currencies in yesterday’
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Forex: USD/JPY fresh new high 85.93
September 16, 2010FXstreet.com (Barcelona) – Pair spent most of these Thursday consolidating post intervention gains, having reached a fresh 4-week high just above previous one, this time at 85.93. USD/JPY is starting the day a couple of pips above the long term descendant trend line coming from 94.89 past May low, and even completed a pullback in [...]
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Asian shares mixed on concerns over the US recovery
July 15, 2010FXstreet.com (Barcelona) – After the FOMC minutes showed Fed officials were unenthusiastic about the US recovery, market sentiment plummeted with equities following suit. Today, Asian shares track the late bear run over Wall Street with the leading indices mixed so far. The Japanese Nikkei is hurting the most, down more than 100 points or 1.03% [...]
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US stocks trade flat ahead of earnings
July 12, 2010FXstreet.com (Barcelona) – On light trading Monday, Wall Street wobbles between small gains and… For more information, read our latest forex news.