The pair recovered some of its lost ground on Monday as fears over Dubai World’s debt subsided, as the United Arab Emirates Central Bank said it would stand behind the domestic and international lenders. Move that eased some investors’ concerns. NZD/USD, gaped higher on Sunday’s opening levels and continued to rally to a key resistance [...]
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Part II of a demeanour during a Euro,the European Monetary Union, as well as what traders should bear in thoughts when speculating upon a Euro. for Forex Tutorial 15 Vote(s) Read More A Traders Introduction to the Euro, Part II
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The US dollar has and continues to be pummelled by currency traders because they see the US Treasury and FED working overtime to deliberately devalue the dollar in response to politicians who think that spending money the country doesn’t have on 14 Vote(s) Read More Gold will Reach Mindboggling Levels for Good Reason
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The Australian dollar opened higher today, as markets stabilise somewhat after Dubai’s call for a ”standstill” on paying back its $US60 billion ($65.72 billion) debt until next year. 13 Vote(s) Read More Aussie Dollar nudges higher on Dubai hopes
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While most of us only ever think about foreign exchange rates when we’re queuing at the bureau de change or planning holidays abroad, some UK investors are tempted to try their hands at trading currency markets online. But for the unwary, gamblin 10 Vote(s) Read More Successful Forex Trading Involves Patience
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The Australian dollar opened higher on Monday, as markets stabilise somewhat after Dubai’s call for a "standstill" on paying back its $US60 billion ($A65.72 billion) debt until next year. 5 Vote(s) Read More A opens higher, markets inch to recover
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The Canadian dollar, which gained sharply versus the greenback on the beginning of the week, plunged since yesterday as Dubai World, a government owned investment company is trying to delay its debts payments, bringing risk aversion to high levels in foreign-exchange markets.(…)Read the rest of Dubai Debt Makes Another Victim: Canadian Dollar (168 words) Posted on Forex News. Read More Dubai Debt Makes Another Victim Canadian [...]
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After the yen touched a 14-year high this week versus the greenback as the Bank of Japan did not discussed the currency fluctuations, finally concerns emerged, as the current levels could be high enough to hurt the Japanese economy and its recovery process.(…)Read the rest of Yen’s Rally Raises BOJ Concerns (167 words) Posted on Forex News. Read More Yens Rally Raises BOJ Concerns
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After Dubai affirmed that it will delay its debt payments, emergent markets currencies like the Russian ruble rated among the most affected, but central bankers affirm that this decline will help exporters’ competitiveness, treating the event with an odd optimism.(…)Read the rest of Ruble Declines as Russian Officials See Opportunity (65 words) Posted on Forex News. Read More Ruble [...]
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The Brazilian currency was one of the multiple affected by a Dubai debt payment delay, setting the emergent market real to the third consecutive losing week versus the greenback.(…)Read the rest of Brazil’s Real Down on Dubai World Debt (65 words) Posted on Forex News. Read More Brazils Real Down on Dubai World Debt
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