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Jun 26, 20 •
2528 Views •
Forex News, Forex Trading Articles, Market Analysis, Top News •
Zahir Shah
Comments Off on Dollar and Gold uproar as corona virus rages again
COVID-19 numbers increase with the distressing rate in South America, and this pandemic situation is making the market’s mood sour. Other currencies are falling, but in contrast, the Dollar and gold have outstanding performance. A three-layered...
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Feb 4, 19 •
2237 Views •
Forex Trading Articles, Market Analysis, Market Commentaries •
Zahir Shah
Comments Off on U.K. FTSE 100 reaches 7,000 in morning trading, Aussie dollar slips as building data disappoints the markets
The leading U.K. index the FTSE 100, breached the critical psyche level and handle of 7,000 during the early part of the London session to reach 7,040, a level not seen since early December 2018. During 2018 the index threatened to break through the 8,000...
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Jun 13, 13 •
3773 Views •
Market Analysis •
admin
Comments Off on Forex Technical & Market Analysis: June 13 2013
2013-06-13 04:25 GMT IMF approves €657 million bailout tranche for Portugal The International Monetary Fund (IMF) approved the seventh tranche of Portugal's bailout Wednesday and gave the country more time to meet its budget-cutting goals. The IMF...
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Jun 6, 13 •
4121 Views •
Market Analysis •
admin
Comments Off on Forex Technical & Market Analysis: June 06 2013
2013-06-06 04:20 GMT EUR Prime for a Breakout on ECB The euro is prime for a breakout. Unlike other major currency pairs, EUR/USD traded in a relatively tight range throughout the European and North American sessions. On a technical basis, the currency pair...
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Jun 4, 13 •
3890 Views •
Market Analysis •
admin
Comments Off on Forex Technical & Market Analysis: June 04 2013
2013-06-04 03:20 GMT Fitch cuts Cyprus to B-, negative outlook Fitch Ratings has downgraded Cyprus's long-term foreign currency issuer default rating by one notch to 'B-' from 'B' while keeping a negative outlook due to the country's...
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Jun 3, 13 •
3781 Views •
Market Analysis •
admin
Comments Off on Forex Technical & Market Analysis: June 03 2013
2013-03-06 06:18 GMT Keep an eye on the oil market after Chavez's death Following the breaking news of Venezuela's president Hugo Chavez death, which has no direct impact on the currency market, traders should, nevertheless, keep an eye on the Oil...
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May 30, 13 •
12428 Views •
Market Analysis •
admin
1 Comment
2013-05-30 04:30 GMT OECD: Global economy is moving forward at multiple speeds In its biannual Economic Outlook report, published on Wednesday, the Organization for Economic Cooperation and Development reduced the global growth outlook to 3.1% from the...
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May 29, 13 •
6069 Views •
Market Analysis •
admin
1 Comment
2013-05-29 02:40 GMT EUR Succumbs to Rise in U.S. Yields Demand for U.S. dollars kept pressure on the euro and all major currencies throughout the North American session. Between the recovery in U.S. stocks and the surge in U.S. yields, the dollar is one of...
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May 28, 13 •
6325 Views •
Market Analysis •
admin
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2013-05-28 03:25 GMT After the storm As last week’s volatility in Japanese markets demonstrates central banks do not have it all their own way. Unfortunately for Japan the risk remains that policy makers spur higher yields without accompanying growth,...
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May 27, 13 •
6026 Views •
Market Analysis •
admin
Comments Off on Forex Technical & Market Analysis: May 27 2013
2012-11-28 11:24 GMT EU gives the go-ahead to Spanish bank restructuring plan The European Commission announced on Wednesday its approval of the plans to restructure Spain's four nationalized banks: Bankia, Nova Caixa Galicia, Catalunya Caixa and Banco de...
