Financial Investement News
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News: Report: BP probe to spread blame for spillHOUSTON (Reuters) - BP Plc's internal probe of the deadly April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign blame to BP as well as other companies involved in the well's operations, The Wall Street...
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News: HP sues to stop ex-CEO Hurd joining OracleSAN FRANCISCO (Reuters) - Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril."
- News: Congress Republicans wary of Obama economy plan
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News: CFTC Passes New Retail Forex GuidelinesI have been covering the US Commodity Future Trading Commission’s (CFTC) efforts to revamp the regulatory structure that governs forex, since it was unveiled earlier this year. On August 30, the CFTC formally published the “final regulations concerning off-exchange retail...
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News: Australia Dollar Ebbs and Flows with RiskIf you chart the course of the Australian Dollar over the last twelve months alongside the S&P 500, the overlap is jarring. You can see from the chart below that the two lines zig and zag in almost perfect unison....
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News: Trading In Emerging/Exotic Currencies IncreasesThe long wait is over! The Bank of International Settlements (BIS) has just released the results from its Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity, conducted in April 2010. The report contains a veritable treasure trove...
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News: Weighing Risk in Forex Positions
When opening a Forex position it’s very important to consider your own maximum risk tolerance, which usually depends on the account size and the stop-loss of the said position. Risking only a small fixed fraction of your account balance is a nice way to limit your losses and to organize the whole trading process. But…
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News: Forex Technical Analysis for Week 09/06—09/10
EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: hold.
EUR/JPY trend: buy.
GBP/JPY trend: buy.
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot …
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Nonfarm payrolls declined in August at the same…" class="slickTip" target="_blank" >News: EUR/USD Rises Despite Favorable Nonfarm Payrolls Report
EUR/USD currency pair is rising despite the good news from US labor market. Reports about employment were surprisingly good, especially considering grim forecasts. Non-manufacturing PMI, on the other hand, declined more than expected. EUR/USD trades currently near 1.2868.
Nonfarm payrolls declined in August at the same…
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News: Global Economic Environment is Bad for Canadian DollarThe Canadian dollar slumped today against the US dollar on the concerns that the European sovereign-debt crisis may worsen and as the stocks and crude oil declined. The euro was hurt by the concerns about the sovereign debt more than the Canadian currency, therefore the loonie rose against the shared 16-nation European currency.(...)Read the rest of...
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News: RBA Keeps Interest Rates Unchanged, Aussie WeakensThe Australian dollar weakened today after the Reserve Bank of Australia kept the interest rates unchanged and on the outlook that the Prime Minister Julia Gillard would keep power and her Labor Party to retain government.(...)Read the rest of RBA Keeps Interest Rates Unchanged, Aussie Weakens (115 words) Posted on...
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News: Worries About Health of Europe’s Banks Drive Euro DownThe euro slumped today on the concerns that the health of the European banks would deteriorate as they hold the government debts, damping the outlook for Europe’s economy.(...)Read the rest of Worries About Health of Europe’s Banks Drive Euro Down (67 words) Posted on Forex News.
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News: Euro Banking Concerns!After the long weekend here in the US, the markets have started out decidedly in risk aversion mode. On a day that is light of economic data, concerns over European debt have picked up as bond spreads have widened on...
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News: Non-Farm Payrolls Improve!This morning, the US Non-Farm Payrolls report was the catalyst that has pushed the market higher as all eyes were glued to this news. The report came in better than expected, showing that payrolls decreased 54K vs. an expectation of...
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News: Growth By Contraction!In what seemingly is a contradiction, Europe is proving that you can grow by shrinking. If you don’t believe that’s possible, look no further than the EU GDP figures reported this morning. GDP figures came in showing growth of 1.9%...
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News: Daily Forex Tips – September 8th 2009The GBP slid against a number of currencies yesterday, as traders dropped the Pound for equities, as the global stock markets rallied. Additionally, in many cases, the EUR gained due to positive economic figures from Germany, Europe’s largest economy. Both the...
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News: Forex Traders Expect Low Volatily Today On the USDToday is a quiet news day for the U.S. and Canada, as there are no economic data releases on the calendar today. However, Britain and Euro-zone appear to be releasing the bulk of today’s news, which means we may see...
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News: Daily Forex Tips – September 7th 2009After gaining considerable strength following last Friday’s Non-Farm Employment data, the USD took a dive against most of its currency rivals on Friday, closing the day out lower against them all. Today’s market opening revealed that most traders are pricing...
