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Archive for November 4th, 2009

TOKYO, Nov 5 (Reuters) - The dollar and the yen edged up on Thursday as short-term investors and Japanese exporters sold into a rally in the euro and higher-yielding currencies which followed a repeated pledge by the U.S. Fed to keep rates low for a …

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Without the right set of rules, and more importantly, the right attitude, attaining a successful trading career can and will be an uphill struggle from the very start. The facts don’t lie, and anyone interested in gaining a profitable experience in …

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FXstreet.com (Sydney) – After hitting an intraday high of 1.2629, the Aussie gained ground on the Kiwi and the pair are now trading at 1.2557. This represents a modest improvement on the previous close of 0.3265%. The Kiwi was expected to rally …

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Investors looking to recover their money from a suspect currency investment program have a new, $300 million trail to follow into Canada. Regulators are quietly pursuing a complaint against a Toronto commodities firm and one of its executives …

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The CBI told the Orissa High Court that there was prima facie evidence of irregularities in foreign exchange derivative contracts and suggested that the matter should be investigated by the RBI and Enforcement Directorate under the Foreign Exchange …

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FXstreet.com (Sydney) – After hitting an intraday high of 1.6361, the EUR/AUD lost ground is is now trading at 1.6324. The trend is down to sideways with supports at 1.6260 and resistance on the upside at 1.6500. While the above may appear cautious …

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The U.S. Dollar finished sharply lower today against most major currencies except the Japanese Yen. Speculators bet early and often this morning that the Fed would do nothing with interest rates nor hint at an end to its stimulus plans. These bets …

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FXstreet.com (Sydney) – The USD fell against the Yen trading at 90.57. The USD did not hold on to an intraday high of 91.30. Trend is sideways down where the currency finds support at 89.15 while resistance is at 91.60. While it is possible that …

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FXstreet.com (Sydney) – The Bears were in no mood for Kiwis as the NZD fell against the USD to 0.7233. This fall, from 0.7254 came immediately before the latest NZ unemployment report was released. The pair finds supports at 0.7142 and resistance 0 …

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FXstreet.com (Sydney) – The Aussie bolted initially to trade at 0.9130 and has now settled around 0.9090. The Aussie is in a sideways trend with supports at 0.8900 and resistance at 0.9130. While the expected rally after the RBA interest rates did …

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