ECB Mario Draghi Defends QE Program
European Central Bank head Mario Draghi again defended the ECB’s bond-buying program Tuesday, ...
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Gold Drops to 3 Year Low on Strong US Economic Indicators and Fed Tapering
Gold fell to its lowest in nearly three years on Wednesday, pressured by strong U.S. economic data t...
German Consumer Confidence Near Six Year High
A survey has found that low unemployment and solid wage increases have helped push German consumer c...
AUD/USD – Little Movement as Rangebound Trading Continues
AUD/USD continues to have an uneventful week, in sharp contrast to the previous week, when the US do...
USD/JPY – Slightly Lower After Solid US Numbers
The US dollar failed to take advantage of excellent US releases on Tuesday, as USD/JPY has posted mo...
EUR/USD – Losses Continue After Strong US Numbers
EUR/USD continues to drop in the Wednesday session. In the European session, the pair is trading in...
Gold On The Move – New 2013 Lows Reached
Weekly Chart Gold bears are on the move again. Price has successfully broken below the 1,265 ceiling...
BOE: Banks are vulnerable to an abrupt increase in interest rates.
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Nikkei 225: Highly Volatile Around 13,000
Nikkei 225 continued to swing wildly above and under the key 13,000 figure. Today is no exception, w...
Rudd beats Gillard in Leadership Ballot – AUD/USD trading marginally higher
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German FinMin Schaeuble: Taxpayers “last in line” in future bank resolution.
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ECB’s Draghi: ECB has done a great deal to support the Euro area.
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European Stocks trading higher – DAX +0.59%, FTSE +0.24%, Stoxx50 +0.59%
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USD/SGD – Unmoved by stronger Industrial Production numbers
SGD received a slight boost today – Industrial Production for May grew 2.1% Y/Y and 1.2% M/M, ...
Former PM Rudd will contest Australia’s leadership against incumbent Gillard
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PM Abe will hold a press conference at 6PM Tokyo time – Kyodo Report
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Australia PM Gillard calls and will stand for a leadership ballot.
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RBNZ’s Wheeler: Economy faces challenges, including high NZ Dollar.
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EUR/USD Technicals – 1.315 and 38.2% Fib Remains
Despite the PBOC announcement which drove up risk appetite during late Asian afternoon/Early Europea...
Nikkei 225 trading in red despite opening higher above 13,100. Currently trading below 12,900.
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