Archive for June, 2011

By Ian Chua SYDNEY, July 1 (Reuters) – The euro took a bit of a breather in Asia on Friday after this week's rally with market focus turning to an upcoming batch of economic data, now that Greece looked set to secure emergency funds and avert imminent … See all stories on this topic »

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FOREX-Euro rally fades a bit as focus turns to data

Forex: AUD/USD, bulls party on

FXstreet.com (California) – The Aussie has shown impressive strength against the Greenback for a third consecutive day. AUD/USD opened Thursday's trade at 1.0680, then broke above resistance in the 1.0710 zone to peak at 1.0750. … See all stories on this topic »

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Forex: AUD/USD, bulls party on

It was another session governed by the events of Greece and for the second successive day it was for all the right reasons. After Greek parliament approved the government's proposed austerity measures on Wednesday, news overnight the parliament had … See all stories on this topic »

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Forex – GO Markets FX Commentary – 1st July 2011

FXstreet.com (Barcelona) – The Euro's gained about 20% against the Dollar since the Greek sovereign debt crisis first exploded a year ago. So what keeps investors buying despite the clear collateral damage caused across the Euro zone? … See all stories on this topic »

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Forex Flash: Flows going back into the Dollar – Bank NY Mellon

By Kiana Danial, Day trading or scalping the forex market seems to be making a comeback. This was seen by this month's King of the Micro winner who made an outstanding profit of 2116.39%.* Wenzhen Wang, from China, appears to have used scalping … See all stories on this topic »

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Day Trader Wins 25K in Monthly Forex Trading Contest

If the interest rate differential has found a low (triple bottom), then the USDJPY is most likely headed higher as well. The technical situation is promising as well. DailyFX provides forex news on the economic reports and political events that … See all stories on this topic »

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QE2: Was it Worth It and Will There be a QE3?

The Euro advanced to the highest level in three weeks against the Dollar early in the European session following ECB President Jean-Claude Trichet's speech at the European Parliament's Economic and Monetary Affairs Committee. His pretty hawkish speech … See all stories on this topic » Trading Point

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Forex Review – Euro holding steady on Trichet's hawkish speech

The USDJPY has had an up and down day (or down, up, down day). The last move has taken the price down to the 200 hour MA (green line in the chart above) at the 80.53. If it can stay above this level, the next up move may start. … See all stories on this topic »

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Forex Trading: USDJPY Continues The “ups And Downs” As The Months Narrow Range …

Forex: Yuan Strengthens for Sixth Quarter

The Chinese yuan gained for the sixth consecutive quarter on speculations that China may allow the currency to appreciate at a faster rate in order to curtail the spiking consumer prices. The People's Bank of China has increased the reference rate of … See all stories on this topic »

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Forex: Yuan Strengthens for Sixth Quarter

By AGUSTINO FONTEVECCHIA Further confirmation that the US dollar is gradually losing its reserve status came today from an International Monetary Fund report on global holdings of foreign exchange reserves by central banks. The greenback, and the euro, … See all stories on this topic »

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Dollar's Share Of Global Reserves Continues To Slide, Reserve Status Questioned

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