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    A Brief Look At USD/CAD

    Last week the currency pair moved steadily on the upside as the prices of commodities declined. On Monday we started slow, trading in a tight range in the early hours of the session. The 0.97 level acted as a support, curbing the bears’ efforts to push the USD/CAD lower, while the 25-period...
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    A Brief Look at Binary Microsoft

    European Union regulators are preparing an antitrust complaint over Microsoft Corp. failure to comply with a settlement to give users a choice of web browsers, according to two people familiar with the matter. Microsoft’s press office in Brussels declined to comment beyond a July statement in...
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    S&P 500 at a Four-Year High

    The S&P 500 index hit a fresh new high in more than four years’ time and the Nasdaq jumped 2% on Thursday as market participants run to buy higher-yielding assets after a new bond-buying program was announced in Europe and after the U.S. labor market showed signs of improvement. The rally was...
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    Moody’s Downgrades The E.U. Rating

    Moody’s downgrades European Union’s outlook to negative. These developments are not totally surprising to most binary analysts when taking into consideration the outlook changes of Germany, France, UK, and Holland. More interesting is the fact that Moody’s might even further cut the EU...
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    Economic Events 23/08/2012

    06:00 EUR German Gross Domestic Product Q2F (QoQ) Forecast: 0.3% Previous: 0.3% Change in the inflation-adjusted value of all goods and services produced by the economy. 06:00 EUR German Gross Domestic Product Q2F (YoY) Forecast: 1.0% Previous: 1.0%...
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    British pound sterling rallies to fresh three-and-a-half year high vs EUR

    "The Euro was already under pressure after the European Central Bank went ahead and cut interest rates on Thursday to a new record low with the Pound rising through 1.2580" - Adam Solomon at TorFX. The pound sterling (Currency:GBP) has rallied to a fresh three-and-a-half year high against the...
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    EUR/USD Hits 10-Day High

    The euro hit a ten-day high against the US dollar during trading yesterday, following a positive Spanish bond auction which led to an increase in risk taking. By the end of European trading, the EUR/USD rose as high as 1.2609, an increase of close to 70 pips for the day. As markets get ready to...
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    EUR/USD takes a breather in Asia

    Thursday’s trade saw the Euro as well as equity markets reach monthly highs, as confidence and optimism attracted investors to riskier assets, pushing EUR/USD into the 1.4340 price zone. Technically speaking, “Hourly chart shows indicators flat and losing momentum, as well as 20 SMA that anyway...
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    EUR/GBP registers best weekly performance since October

    The Euro is rising for 4th consecutive day against the Pound, on track to post the sharpest weekly advance since October amid optimism over a new bailout deal for Greece and on prospects that the BOE is likely to keep interest rates at record lows after a set of negative indicators from the UK...