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Sep 11, 12 •
2697 Views •
Market Analysis •
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Comments Off on Forex News: Mostly Pessimistic but Nevertheless Vital
As to be expected, most people are currently thinking about the NFL playoffs, while a few still remain focused on forex news. Indeed, no matter how exciting football might be, it is always much more important to keep track of the latest happenings in the...
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Sep 11, 12 •
2461 Views •
Market Analysis •
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Comments Off on GBP/USD Strengthens Amid Positive UK Figures, Hopes for Fed Easing
The UK pound traded higher against the US dollar on positive forex news regarding the performance of the British economy. The GBP/USD reached 1.5992 in Monday US morning trading after pulling back from a daily low of 1.5960. Analysts believe that the currency...
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Sep 11, 12 •
2470 Views •
Market Analysis •
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Comments Off on The US Dollar is finding an Ally on the brewing Tide of Dissent against the ECB
With the market totally convinced that some form of quantitative easing is pretty much a done deal even before the FOMC meeting on Thursday, the US Dollar should have continued to weaken at the start of week. After last week’s ECB announcement about its new...
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Sep 11, 12 •
2933 Views •
Market Analysis •
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Comments Off on The Euro Rally resulting from Last Week’s ECB Bond Buying Decision May be Short-lived
The Euro is currently consolidating below the 1.2800 level against the US Dollar after rallying a high of 1.2815 from last week’s mid 1.26 level as an aftermath of the ECB’s much anticipated announcement of their bond buying program to bail out its...
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Sep 6, 12 •
3924 Views •
Market Analysis •
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1 Comment
While most people are currently focused on the recent development in the show Live, traders still attentively pay attention to the latest forex news updates. To put it simply, even though there are individuals who find satisfaction in predicting new co-hosts...
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Sep 6, 12 •
3447 Views •
Market Analysis •
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1 Comment
The pound continued to trade strongly against the US dollar on the back of forex news that the European Central Bank (ECB) was preparing an unlimited bond buying plan to help the currency bloc’s most troubled economies. The GBP/USD reached 1.5934, its...
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Sep 6, 12 •
3739 Views •
Market Analysis •
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Comments Off on Forex News: A Myriad of Depressing Updates
It cannot be denied that even though Griselda Blanco’s death is commonly talked about these days, one should never overlook the importance of paying attention to discussions regarding forex news. After all, even though the life of a “cocaine queen” has...
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Sep 6, 12 •
2466 Views •
Market Analysis •
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Comments Off on Forex News: Euro Strengthens as ECB Bond Buying Plan Details Leak
Forex news regarding the European Central Bank’s debt buying program caused the euro to rally against the US dollar in September 5 trading. The EUR/USD reached a session high of 1.2623 before consolidating at 1.2603. Analysts speculate that the currency...
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Sep 6, 12 •
2959 Views •
Market Analysis •
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Comments Off on Obama Gathers Support Amid Tepid Financial Markets
At the Democratic National Convention held at Charlotte, North Carolina Tuesday night, presidential spouse Michelle Obama delivered what politicians and spectators consider to be one of the finest speeches in a political convention. Warm and personal,...
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Sep 6, 12 •
3179 Views •
Market Analysis •
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Comments Off on Quake Shakes Costa Rica, ECB Prospects Keep the Euro Afloat
Costa Rica was shaken by a powerful 7.9 earthquake leaving some houses and roads damaged. The epicentre of the quake was located at the beach town of Cangrejal, 87 miles west of the capital city San Jose. Costa Rica president Laura Chincilla assured...