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Jun 20, 13 •
6309 Views •
Featured Articles, Technical Analysis •
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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 will disburse the next...
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Jun 6, 13 •
7011 Views •
Featured Articles, Technical Analysis •
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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 stayed between the 100...
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Jun 4, 13 •
2384 Views •
Technical Analysis •
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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 elevated...
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Jun 3, 13 •
2633 Views •
Technical Analysis •
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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 market, as it may...