Overall, some of the major pairs started to trend in the European session, despite the currency market coming to a standstill during the Asian trading hours. The dollar and the yen are stronger, as the entire market is in risk aversion mode, closely forex news :: view details »

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The Dollar slipped versus Yen on Wednesday, as worries grew about the ailing US auto industry and a record slide in US consumer prices fanned fears of a deeper recession. The euro weakened against the Dollar as worries about a worsening global slowd forex news :: view details »

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The Pound continued to fall leading up to the U.K. retail sales report, before it pared some of its losses when the reading was better than expected. However, the bullish momentum was short lived as the Sterling ran into resistance at the 1.4900 pri forex news :: view details »

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US consumer prices dropped 1% m/m in October - the largest monthly decline ever - driven by sharply lower energy prices. Annual headline inflation now stands at 3.7% down from 4.9% in September. Core inflation is now negative, with core CPI falling forex news :: view details »

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The UK CBI release shows the manufacturing sector is struggling as the value of new orders drop. The release number came in at -38, slightly higher than analystsÂ’ expectations of -41. The CBI industrial trends survey shows that due to weak demand, i forex news :: view details »

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Overall, the currency market extended the sideways moves seen in the Asian session. Most of the pairs have traded in a very small range, not being able to move significantly. Lately, the currency market tends to come to a standstill during the overn forex news :: view details »

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The dollar will continue to secure some important defensive support, but the fundamental risks are growing and the financing burden is also escalating which will pose important longer-term risks. The Euro pushed to highs of 1.27 as Wall Street secur forex news :: view details »

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The Japanese all industry activity index came in at negative 0.1 percent for the month of September when compared to the previous month. This is in line with what economists were forecasting and an increase from Augusts upwardly revised -1.7 percent forex news :: view details »

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Headlining a fairly light day in regards to economic releases, the Australian MI leading index came in at a -1.0 percent month over month. Westpac has said that the figure indicates that growth in Australia will likely slow and be 'barely positive' forex news :: view details »

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Overall, the currency market moved a very small number of pips lately. This general lack of momentum and direction was also seen in the Asian session, having most of the pairs come to a standstill. These could be either a return to normal, which was forex news :: view details »

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Falling food and energy costs have spearheaded a reversal of inflation that is being felt pretty universally. Key price indices were released today by Britain and the United States. British consumer price inflation for October fell to 4.5% from 5.2% forex news :: view details »

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Things looked rather shaky there for a while, but U.S. equity markets managed to hold above the low for the financial crisis set on Nov.13. The question now is whether or not the market is in the process of at least putting a short-term bottom in. " forex news :: view details »

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