U.S. Dollar Trading (USD) USD gave up a lot the strength at the end of the US session as the Dow Jones rallied over 900 points off lows. Weekly Jobless claims rose above 500K to 516K vs. 484K expected. Also Released September International Trade at forex news :: view details »

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U.S. retail sales declined by its biggest margin in over 11 years, falling by a massive 2.8% M/M in October, following the 1.3% M/M drop in the prior month. The drop was much worse than the 2.1% M/M decline expected by the markets, and was the fourt forex news :: view details »

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Markets remain jittery and majors are fluctuating heavily and a specific trend is hard to define at the moment. The rally in stock markets yesterday helped majors incline but here we are today seeing the unwinding of carry trades and profit taking t forex news :: view details »

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The Australian and New Zealand dollars fell the most in two weeks against the greenback as stocks slumped on the worsening outlook for company earnings, prompting investors to sell higher-yielding assets. From an intra-day high yesterday near 0.70 t forex news :: view details »

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The Pound traded to as low as 1.4960 after reaching a high of 1.5092, as U.K. consumer prices unexpectedly declined 0.2% in October. The drop in inflation on the back of falling oil prices would see the annualized rate fall to 4.5% from 5.2%, which forex news :: view details »

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Recession profiles in all the major economies will provide some degree of protection for Sterling, but rallies will quickly attract selling pressure given that confidence has been badly damaged. After a tentative recovery, the rally gathered pace du forex news :: view details »

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Every day, equities, currency and bond traders weigh the good news with the bad to determine if they want to buy or sell. Today, there were just as many positive reports that should have helped to stabilize the markets but has instead failed to stem forex news :: view details »

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Although volatility was seen in the markets with the yen gaining in the morning versus majors and then falling when stock markets started to pare losses, here we go once more to see the yen on the rise as fears concerning the global economy continue forex news :: view details »

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The global unwind continues with currencies, equities and commodities taking another beating. Other than the Japanese Yen, all of the major currencies have weakened against the US dollar. The Dow Jones Industrial Average dropped 411 points while oil forex news :: view details »

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The Dollar-Yen has been ranging sideways, with the Dollar rallying 120 pips from its intra-day low near the 96 level. However, with US stock giving up earlier gains, it brought the momentum back to the Yen's favor, maintaining the range we have seen forex news :: view details »

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Another lackluster session of Asian and early European trade with majors locked into tight ranges as volatility compresses across all capital markets. The Nikkei drifted slightly lower ending the day -55 from yesterday's close and European markets f forex news :: view details »

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The positive market sentiment seemed to fade away and the gains we saw printed yesterday were almost gone by this morning. Asian stocks dropped and the same happened to the European markets today. The risk aversion came back once again, after banks forex news :: view details »

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