Archive for May, 2013

News Sources wrote an interesting post today on
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Both Dollar and Risk Appetite Trends Tipsy, Where to From Here?DailyFXThe USDollar broke the floor of a multi-week congestion pattern this past week, hinting at a correction from its three-year high. Yet, does the S&P 500's dramatic decline Friday alter the FX market's bearings?and more »

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News Sources wrote an interesting post today on
Here’s a quick excerpt

Japanese Yen to Consolidate Further Ahead of Next BoJ MeetingDailyFXThe Japanese Yen gained ground against its U.S. counterpart even as the Bank of Japan (BoJ) pledged to increase the frequency of its Japanese Government Bond (JGB) purchases, but the pullback in the USDJPY is likely to be short-lived as the central …Rising Yields Making BOJ Efforts Harder OANDA Forex (blog)Take What the Markets Give You ForexrazorAsian Market Update Action Forex CountingPips  – FXstreet.comall 178 news articles »

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News Sources wrote an interesting post today on
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Long US Dollar AND Stocks are both Crowded … and Both at RiskDailyFXFOREXAnalysis: USDOLLAR technicals have pointed us in the right direction of late. Entering May, we were looking for a broad based USD rally to complete 5 waves up from the September low. The reversal off of the Elliott channel (2 reversals actually…5 …and more »

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News Sources wrote an interesting post today on
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Economic Times

FOREX-Dollar firms, bolstered by strong US economic dataReutersNext week should be critical for the forex market as investors begin to shift their attention to the U.S. nonfarm payrolls report for May. The Fed has said it will continue to buy assets until it sees substantial improvement in the outlook for the U.S …FOREX-Dollar cheered by strong US economic data Reuters UKEuro May Rise on CPI Pickup , Dollar Looks to Data for QE Cues DailyFXUSD/JPY Near 101 on Drop in Consumer Prices OANDA Forex (blog) MarketsNTrade  – ForexTV.comall 182 news articles »

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News Sources wrote an interesting post today on
Here’s a quick excerpt
The dollar firmed on Friday to post an eighth straight month of gains against the yen as upbeat U.S. economic data reinforced the view that the Federal Reserve could pare back its monetary stimulus sooner …

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