Asian trading today was very thin across asset classes – currencies no exception to the end of year markets that reign. Despite this, a wealth of data has been driving sentiment along with continued fears of recession in the U.S send the dollar lowe forex news :: view details »

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After last week's extended bout of holiday trading, the Euro jumped into a rallying position quickly today on the events in Israel and the Palestinian territories over the weekend. Spot gold also continued rallying well above its 200-day moving aver forex news :: view details »

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After the Christmas Holiday markets are rejoining the last trading days of this abysmal year, while as we head closer to the end the prayers are slimming further for a change of pace for the signs of a deepening recession continues to grow and the a forex news :: view details »

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U.S. Dollar Trading (USD) very quiet trading with Europe away and thin equity markets in Japan and US. Most of the action was reserved for the commodity front with Oil and Gold rising on fresh geopolitical concerns out of the Middle East and India/P forex news :: view details »

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Markets are still enjoying the Christmas holiday but with sorrow, citizens across the world had to narrow their gifts list as this year job cuts almost reached near records. United States, the largest economy in the world, had terminated more 1.91 m forex news :: view details »

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The markets were closed yesterday as a result of the Christmas Day Holiday as currently trading is stable as major economies are closed due to the Holiday yet the Asian markets are running. The dollar slid in the markets as investors continue to fea forex news :: view details »

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The dollar experienced limited price movement due to light volume, and this trend will be likely to persist through the New Year. The EurUsd rose 70pips to the high range of 1.39, while the UsdJpy slid 50pips to the mid 90 level. The GbpUsd moved 25 forex news :: view details »

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The Swiss Franc continued its gains against its main rivals, and had a strong move vs. the Pound today in otherwise light trading. The Pound-Franc pair broke below support at 1.60, in a downmove that spanned 270 pips. The Pound is being pressured by forex news :: view details »

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The Canadian economy surprised on the upside in October, contracting by a slight 0.1%, at a time when all the signs where pointing to a 0.3% decline. While this does show resilience considering the strong economic headwinds facing the world around i forex news :: view details »

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Thin market conditions continue to dominate in the currency market on the eve before Christmas. Trading ranges for all of the major currency pairs have been relatively narrow, especially when compared to the large swings that have been characteristi forex news :: view details »

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US durable goods orders fell less than expected during the month of November at a rate of -1.0 percent, and excluding transportion, the index actually rose for the first time in five months by 1.2 percent. Looking at a breakdown of the Commerce Depa forex news :: view details »

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The US dollar appears to be unfazed by this morning’s mixed economic reports. Thin trading conditions continue to dominate in the currency market, leading to inconsistent trading for the US dollar. The greenback strengthened against the Japanese Yen forex news :: view details »

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