It's a new year in financial markets and a folded chapter on the devastation that was seen in financial markets and especially equities in the belated year, yet still as we talk the talk and walk the walk of new beginnings the facts are still the sa forex news :: view details »

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Stock market sentiment in Asia is positive as speculation that government policies will help shelter the region from global recession. Crude Oil dropped in New York on concern that the contracting global economy will spur off a further drop in deman forex news :: view details »

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Overall, the currency market is heading into the last day of year. 2008 was characterized by large swings in the currency market, driven by risk aversion and interest yield differentials. The market sold the dollar in a frenzy, making the dollar ind forex news :: view details »

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Initial claims for unemployment benefits had thier largest drop in 16 years last week. Initial claims for jobless benefits fell by 94,000 (-16%) to a seasonally adjusted 492,000 in the week ended Dec. 27 from an unrevised 586,000 the week before. Th forex news :: view details »

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We have come to the end, it is the last day of this appalling year for global financial market and the United States was the center of all the agony that has spread to enwrap the entire globe pushing it closer each day to the brinks of recession as forex news :: view details »

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The market action continues to show a market that isn't sure what it wants to do here in the short term - and larger players are undoubtedly waiting for the New Year before putting on any meaningful positions. Still, volatility is easy to come by th forex news :: view details »

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In the US, housing prices in major cities saw record annual declines in October. The Standard & Poor/Case-Shiller 20 city index fell 18% while the 10-city index is down 19.1% on the year. The continuing fall in prices will act to constrain household forex news :: view details »

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The dollar was mostly lower in thin pre-holiday trading Tuesday. US consumer confidence dropped to a record low and home prices fell more than expected. The yen rose despite higher US stock prices. The GBP/USD traded as low as 1.4389, the lowest lev forex news :: view details »

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The US dollar sold off modestly today on stronger European economic data and weaker US data. The dollar's weakness was seen against every major currency except for the Canadian dollar which followed oil prices lower. Trading remains extremely quiet forex news :: view details »

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U.S. Dollar Trading (USD) stock markets rallied but economic data kept the USD weak. Stocks reacted positively to news that GM would receive $6bn for its car financing arm from the TARP. December Consumer Confidence fell to 38 vs. 45 expected a new forex news :: view details »

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The Conference Board measure of consumer confidence came in much weaker than expected in December, falling to 38 from 44.7 in November (originally reported as 44.9). This represented a record-low reading for household confidence. Expectations had be forex news :: view details »

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The dollar has posted broad losses of 1.6% against the euro, 0.9% versus the Australian dollar, 0.7% against sterling and the Swiss franc, 0.6% relative to the yen and Canadian dollar, and 0.3% against the kiwi. Even the rouble firmed against the do forex news :: view details »

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