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Daily Forex Report USD lower, Bernanke says rates to stay

The USD traded mixed to lower Wednesday with the EUR rebounding supported by report of better than expected EU industrial orders and speculation that Bernanke will signal that US interest rates will remain at zero for some time. The GBP continues
6 Vote(s) Read More Daily Forex Report USD lower, Bernanke says rates to [...]

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Forex Pound ends week with gains against JPY, USD and EUR

FXstreet.com (C?rdoba) ? The Pound finished the week with moderate gains against the Euro, the Dollar and the Yen.
GBP/USD rose slightly on a weekly basis. The pair moved all week inside a range with support at 1.5530/55 and resistance at 1.5760. Cable was able to gain strength only after falling on [...]

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USD Holds Onto Gains Despite Thin Holiday Trading

The U.S. Dollar soared early Friday following a surprise 50 basis point hike in China’s bank reserve rate. Additional strength was provided by a better than expected U.S. Retail Report. The Dollar pared some of its gains after the University of M
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USD Graphic Rewind 0211

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US Inflationary Figures may Push USD Bearish

The American economy is due to release a number of reports today which may have a moderately heavy impact on today’s trading. The Personal Spending and Personal Income reports due at 13:30 GMT will carry a level of significance in today’s market,
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USD edges down vs major rivals ahead of payrolls report

The dollar edged down against major counterparts in Asian trading Friday, as investors squared positions ahead of key U.S. jobs data later in the session.
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USD Selling to Be Taken With Grain of Salt

We would just like to take the opportunity to wish everyone a happy holidays and healthy new year. Price action in the final week of trade is always quite volatile and dangerous due to the illiquid trade and we recommend that all of you who decide to establish positions to trade responsibly and with limited [...]

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USD edges up, investors brace for FOMC

The dollar edged up against the euro on Wednesday, nearing a 2-1/2-month high as investors awaited a Federal Reserve policy statement for clues to when it may begin winding down its loose monetary policy.
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Canada Currency Falls as Stronger USD Pushes Down Oil

"The US dollar bears have probably gone a wee bit too far,? said Dean Popplewell, a currency analyst in Toronto at Oanda Corp.
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USD Forex recovery

On Friday USD is likely to continue the recovery started on Thursday. At the same time Forex trading that day isn’t expected to be quite active.
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