Forex Market News

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  Weekly Recap and Outlook for AUDUSD - 11/01/2010

  November 02, 2010 at 1:55 PM • Comment

  During last week's trading sessions, AUDUSD sold off a bit after mixed economic results came out of Australia and despite some recovery in the price of gold. The pair started the week out... Read More

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  Major Forex Market Movers Last Week - 11/01/2010

  November 02, 2010 at 1:40 PM • Comment

  The U.S. Dollar had a mixed week against the major currencies, falling against most of them, but gaining slightly against the Australian Dollar and the Euro. The set of economic data out from... Read More

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  Central Bank Monitor: Last Week's BOJ and RBNZ Decisions, FOMC, RBA, BOJ, BOE and ECB Decisions Coming Up

  November 02, 2010 at 1:33 PM • Comment

  Last week's central bank action included the Bank of Japan or BOJ and the RBNZ releasing their respective rate decisions in which both central banks left their benchmark rates unchanged. Nevertheless, the BOJ announced... Read More

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  USDJPY Makes a 15 Year Low Despite New BOJ Easing Measures

  November 02, 2010 at 1:31 PM • Comment

  The Yen's recent strength has resulted in a string of fresh 15 year lows for the USDJPY exchange rate and last week's price action was no exception. The beginning of last week saw... Read More

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  Pound Sterling Recovers Recent Losses After S&P Rating Outlook Upgrade

  November 02, 2010 at 1:27 PM • Comment

  The British Pound Sterling tied with the New Zealand Dollar as the best performer against the Greenback last week, rising by a substantial +2.1% on the week. This helped the Pound recover most... Read More

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  Kiwi Firms on Bollard's Hawkish Statements After RBNZ Leaves Rates Steady

  November 02, 2010 at 1:22 PM • Comment

  The New Zealand Dollar matched gains against the Greenback last week with the Pound Sterling, rising by +2.1% on the week. These gains largely came on the back of hawkish statements from the RNBZ... Read More

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  Gold up, Euro down on Sovereign Debt Issues

  November 02, 2010 at 1:15 PM • Comment

  Gold was up today, but Euro was down on the back of revived concerns about the future of the Eurozone's weak spots. Trading in the stock markets was not very decisive, and movements... Read More

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  Markets are Optimistic in the Lead-up to Fed Day, While the Chinese Appear Nervous

  November 02, 2010 at 1:09 PM • Comment

  Today stocks were mostly unchanged on a positive tone, while the EURUSD and gold similarly held their ground, albeit coming down slightly after the last weeks rally. Everybody is of course eying the... Read More

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  Central Bank Secrets Set To Be Revealed This Week

  November 02, 2010 at 12:53 PM • Comment

  Major financial markets around the world at a point of major indecision as market participants await numerous key new announcements this week.  Risk appetite has been quite strong for several months as risk... Read More

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  Dollar Falls as U.S. GDP Misses Market Expectation

  November 01, 2010 at 9:55 AM • Comment

  In yesterday's report we discussed the importance of today's GDP figure, and the market did not let us down.  To briefly recap, we were looking for 1 of 3 specific outcomes as... Read More