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Posts Tagged ‘falls’

Euro Rallies Before ECB; Dollar Falls to Record Against Aussie

Euro Rallies Before ECB; Dollar Falls to Record Against Aussie The euro advanced to its highest level against the dollar in more than 14 months on speculation the European Central Bank will increase borrowing costs further after raising its target lending rate tomorrow. Read more on BusinessWeek Ahead of the bell, the DJIA, SPX, and COMP are dipping their toes in the red The Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) were both victorious on the charts on Wednesday, with tech stocks pacing a broad-market advance…( Read More ) Read more on Schaeffers Research Portugal bailout: UK faces £6bn bill after failed austerity measures damage economy The news will…. Click Here to Read More

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US Dollar Falls Despite Supportive Data – What is needed for USD Bounce?

US Dollar Falls Despite Supportive Data – What is needed for USD Bounce? US Dollar Falls Despite Supportive Data – What is needed for USD Bounce? The US Dollar fell against all major currencies except the similarly downtrodden Japanese Yen, sinking on impressive gains in the Dow Jones Industrial Average and broader ‘risk’. Read more on Daily FX Forex: EUR/GBP, unable to extend above 0.8810 FXstreet.com (Barcelona) – Euro rally from week lows at 0.8650 extended sharply yesterday to fresh 2011 highs above 0.8760 although the pair has remained unable to extend above 0.8800/10 Read more on…. Click Here to Read More

Dollar falls back against yen

Dollar falls back against yen TOKYO: The dollar eased against the yen in Asia Thursday as positive sentiment driven by upbeat US data and an improved outlook from the Federal Reserve was tempered by worries over Middle East stability. Read more on Business Recorder USD/JPY Classical 02.17 USD/JPY: The market continues to remain extremely well bid, with the latest surge back above 83.00 really encouraging longer-term recovery prospects and opening the door for a potential break of key topside resistance by 84.50 over the coming days. Read more on Daily FX USD/CAD Classical 02.17 USD/CAD: Daily studies are starting to look a little stretched, and this in conjunction with…. Click Here to Read More

Currencies: Dollar falls; Bernanke pushes yields down

Currencies: Dollar falls; Bernanke pushes yields down The greenback weakens as Federal Reserve chief Ben Bernanke reiterates his optimism about the U.S. economy. Read more on Market Watch Australia shares inch up; ASX, CBA shore up market MARKETS-AUSTRALIA-STOCKS (UPDATE 2):Australia shares inch up; ASX, CBA shore up market Read more on Yahoo!7 Finance GBP/USD Classical 02.08 GBP/USD: Bearish reversal formations don’t get much prettier than the one seen last Thursday with the market putting in a bearish outside day after stalling out just ahead of key psychological barriers and range resistance by 1.6300. The formation is almost too pretty, but a break and close below…. Click Here to Read More

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FOREX-Euro falls on Irish bank bailout bill concern

FOREX-Euro falls on Irish bank bailout bill concern FOREX-Euro falls on Irish bank bailout bill concern Read more on FOX…. Click Here to Read More

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FOREX-Euro hits 3-week high, pares gains; sterling falls

FOREX-Euro hits 3-week high, pares gains; sterling falls * Euro hits 3-wk high vs dlr but capped around $1.2920 Read more on Reuters via Yahoo! Asia…. Click Here to Read More

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Forex: Oil falls to $77.00 on slow growth woes

Forex: Oil falls to $77.00 on slow growth woes FXstreet.com (Barcelona) – Crude Oil for September delivery slipped back down to hit new low ground at $76.95, lowest for weeks. Oil is headed for a third consecutive day of losses, largely undermined by weakening signs on two of the top energy consumers such as the United States and China. Read more on The Forex…. Click Here to Read More

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Euro Falls Toward Lowest Since 2006 on Concerns Growth to Slow

Euro Falls Toward Lowest Since 2006 on Concerns Growth to Slow The euro fell toward its lowest since April 2006 on speculation Europe’s debt crisis will hamper its economic recovery as regional finance ministers sought to assuage concern that spending cuts go too far. Read more on…. Click Here to Read More

FOREX-Euro falls as rescue package doubts grow

FOREX-Euro falls as rescue package doubts grow * Relief impact of emergency aid package prove temporary Read more on Reuters via Yahoo! Philippines…. Click Here to Read More

Forex: AUD/NZD falls sharply from 1.3015 to 1.2960

Forex: AUD/NZD falls sharply from 1.3015 to 1.2960 FXstreet.com (Córdoba) – After a recovery shown by the Australian dollar during the last 2 sessions, the NZD is regaining strength and pulling back the price. What’s more right after the New Zealand Credit Card Spending data was released the pair dropped above 50 pips. Read more on The Forex…. Click Here to Read More

Forex: AUD/USD loses early gains and falls to 0.9164

Forex: AUD/USD loses early gains and falls to 0.9164 FXstreet.com (Sydney) – The AUD is losing ground against the dollar and is trading at 0.9164. The pair opened on 0.9166 and had set an intraday high 0.9186. Since then, the pair maintains downward tendencies in the five minute charts. Read more on The Forex…. Click Here to Read More

Forex: EUR/USD falls further to 1.3535, 2-week low

Forex: EUR/USD falls further to 1.3535, 2-week low FXstreet.com (Córdoba) – The Euro is extending it decline against the Dollar on concerns about the Greek debt crisis. EUR/USD fell to 1.3534, hitting the lowest price since March 5. The pair has fallen a hundred pips so far during the European session after being unable to break above 1.3625. Read more on The Forex…. Click Here to Read More

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