Industrial orders fell in October from the previous month. The market anticipated industrial orders would fall 4.0% in October, instead of the released number that saw orders decline by 4.7%. The previously released number, for the month of Septembe forex news :: view details »

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Sterling fell another 1.0% against the dollar, as Bank of England policymakers (Gieve and Besley) underscored the insufficiency of monetary policy for reviving U.K. growth. The dollar also rose 0.7% against the yen but shows losses of 0.4% against t forex news :: view details »

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The EURUSD correction continued apace on Friday after EUR had clearly overreached itself on a broad basis. The correction lower in EURUSD cut almost 900 pips from the high on last Wednesday - the most remarkable move since, well, since a few days pr forex news :: view details »

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We are nearing the end of this hectic year as the joys of the holiday season are upon us, though it is not as much as a merry and joyful from many people around the world, yet we are hoping for some sing of serenity and hope with new resolutions... forex news :: view details »

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The dollar gained substantially against most of the majors recovering most of this week's losses. The EurUsd sunk over 360 pips to the high range of 1.38, while the UsdJpy was mostly flat up only 7pips to mid 89 price area. The GbpUsd dropped an add forex news :: view details »

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The Dollar-yen pair fell overnight but recovered its losses in NY trading. There were two big pieces of news as the Bush administration said it would extend an initial $13.4 billion in loans to GM and Chrysler with an additional $4 billion likely in forex news :: view details »

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The dollar rallied against most major currencies for a second day. Despite the two-day rally, the greenback has recovered only part of its sharp declines as the Fed interest-rate cut to a historic low is making the dollar outlook more bearish. The W forex news :: view details »

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Sometimes we are a bit absurd in this morning missive in an attempt to make a point. Looking back at a recent issue, from the 2nd of December, titled "Can you say 1% Treasury Bond Yield?" we noticed the 30-year bond futures price has risen a bit sin forex news :: view details »

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Canadian consumer price inflation surprised on the upside in November. While falling gas prices brought the headline number down to 2.0% from 2.6%, core inflation rose to 2.4% as the depreciating Canadian dollar put upward pressure on nearly everyth forex news :: view details »

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The market traded mixed in the Asian session, but investors started to buy dollars in Europe and the move progressed strongly from there until around 07:00 EST. Rate changes on deposits by the ECB and comments from the BoE were interpreted as meanin forex news :: view details »

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The rate of inflation fell less than expected in November, however, the core number increased. The CPI fell 0.3% from one month earlier, but is still 2.0% higher from November 2007, while the Core CPI is up 0.7% from one month earlier. Of the eight forex news :: view details »

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The EURUSD spike continued out of control early yesterday after the ECB's Stark was out with disingenuous comments that could only be interpreted as very hawkish. The timing was more than strange considering the EUR's aggravated rally to almost new forex news :: view details »

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