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Your Source for Daily FOREX Market News and Analysis (Daily FX)
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| The New Zealand dollar managed to squeeze out some gains on the week despite holding to a range of 0.7100 ? 0.7300. Several major releases home and abroad would generate brief bouts of volatility but failed to lead to any extended rallies. |
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07 Nov 09
05:41:06
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Your Source for Daily FOREX Market News and Analysis (Daily FX)
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| The Canadian Dollar finished the week modestly higher against its US namesake, but a sharp end-of-week reversal suggests near-term momentum favors further Loonie pullbacks. |
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07 Nov 09
05:40:56
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Your Source for Daily FOREX Market News and Analysis (Daily FX)
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| With little by way of scheduled event risk on the economic calendar and firmly anchored expectations about monetary policy in place for the foreseeable future, the Swiss Franc is likely to fall in with the overall trajectory of risk sentiment. |
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07 Nov 09
05:40:46
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Your Source for Daily FOREX Market News and Analysis (Daily FX)
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| The British Pound was among the top performing currencies to finish the week?s trade, as relatively bullish fundamental developments helped push the currency from major bearish sentiment extremes. |
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07 Nov 09
05:40:36
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Your Source for Daily FOREX Market News and Analysis (Daily FX)
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| Though there has been some competition from the US dollar, the Japanese yen is still the market?s ideal funding currency for the recovering carry trade. |
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07 Nov 09
05:40:26
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Your Source for Daily FOREX Market News and Analysis (Daily FX)
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| The euro is still the fundamental chameleon of the currency market. |
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07 Nov 09
05:40:16
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Your Source for Daily FOREX Market News and Analysis (Daily FX)
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| The US dollar was easily the weakest of the majors during the past week of trading as fed fund futures shifted to price in a lower chance of rate increases in mid-2010 after as the Federal Reserve left rates at 0.25 percent and indicated that they would likely leave rates ?extremely low? for an ?... |
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07 Nov 09
05:40:06
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FOREX: Ringgit To Be Steady Against US Dollar Next Week (Bernama)
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| KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit is expected to be steady against the US dollar next week, supported by commercial buying, dealers said. They said the expectation that Asian currencies would continue to rally against the greenback also provides some support to the local unit. |
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07 Nov 09
04:01:15
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Taiwan's forex reserves at record high (AsiaOne)
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| TAIPEI - Taiwan's foreign exchange reserves hit a record high of 341.22 billion US dollars at the end of October, the central bank said Friday. The figure is 8.98 billion dollars up from the end of September, the bank said in a statement on its website. |
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07 Nov 09
00:57:59
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Your Source for Daily FOREX Market News and Analysis (Daily FX)
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| The Australian dollar dominated the FX markets over the past week after the Reserve Bank of Australia raised rates by 25 basis points to 3.50 percent, and went on to report that the economic would expand by 1.75 percent this year and 3.25 percent in 2010, compared to previous forecasts for expans... |
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07 Nov 09
00:55:06
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