Forex Market News

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  Stocks turn back up after the Bernanke sell-off fails to catch momentum, Euro and risk currencies rise

  July 23, 2010 at 9:12 AM • Comment

  After the panicky reaction to yesterday's testimony, today was the calmdown day, as traders realized that the market will not become bearish in the short term regardless of news,numbers, or data. At the... Read More

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  Stocks Rally Strongly on Positive News and Data, Currencies Follow

  July 13, 2010 at 5:02 PM • Comment

  The USD was on the defensive today, along with JPY, while most risk assets rose, along with gold, stocks and the Euro. Gold has shown resiliency in holding to the 1200 handle,... Read More

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  European Markets Rise as Huge Gold Swaps Cause a Stir

  July 13, 2010 at 12:31 PM • Comment

  The equity and bond markets rose globally last week, allowing for some breathing room in the stiflingly weak economic environment of the recent past. Nevertheless, prospects for the Euro and Pound Sterling may not... Read More

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  Commodity Currencies in the Spotlight Again

  July 13, 2010 at 11:09 AM • Comment

  The Australian, New Zealand and Canadian Dollars all performed phenomenally last week, especially considering how hard a beating they took just the previous week. *Commodity Prices Turn Higher* Rising commodities prices also favored the... Read More

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  Traders Await Earnings Reports as Japan`s Governments Gets Thrashed by Voters

  July 13, 2010 at 11:02 AM • Comment

  Today is another quiet day with directionless trading in most markets. But there are a couple of interesting news on the wires. DPJ suffers a major defeat in the upper house... Read More

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  Stocks and Risk Currencies Rally on Bullish Retail Sales Report

  July 08, 2010 at 10:38 AM • Comment

  Today the Euro, gold, stocks rose, while JPY and USD depreciated a little in response to an upbeat retail sales number. We prefer to disregard this number since it is a function of... Read More

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  Fundamental Overview - Market Movers This Week-7/05/2010

  July 06, 2010 at 3:34 PM • Comment

  The U.S. Dollar had a mixed performance last week, rising sharply against the commodities currencies, where it gained 3.9% versus the Aussie, 3.6% against the Kiwi and a slightly less dramatic 2.5% vis-à-vis... Read More

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  A Quiet Monday sees the market continue its slide.

  July 06, 2010 at 3:33 PM • Comment

  Today stocks markets fell, while the Euro and Gold appreciated slightly against the USD. Overall, not a very exciting Monday, but for those who know where to look, there are interesting developments taking... Read More

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  Prepare for a Gold Mega-Bubble

  June 09, 2010 at 2:22 PM • Comment

  Yesterday the EURUSD has rallied strongly, before giving up much of its gains and settling somewhere below 1.195 as this post is being penned. One can make many conjectures about the day-to-day movements... Read More

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  Stock Markets Emit Signs of Exhaustion, as Gold Keeps Rallying

  June 07, 2010 at 4:50 PM • Comment

  There are no particularly bad news today for the markets today, but traders are far from being convinced that even a correction can sustain much upward momentum at this stage. The EURUSD keeps... Read More