Australian dollar lifted by stockpiling
Australian dollar hits 26-month high against greenback as data reveal central banks have been adding commodity-linked currencies to reserves
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Survive And Prosper In The Great Depression Of 2009-2012: A Step-By-Step Guide To Amassing A Fortune Trading Foreign Currencies
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Russia-China Energy Deal In The Works
Continued tightening in the market for global gas supplies will motivate both sides to reach an agreement.
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Forex Signals – EUR/USD Consistent Uptrend
As you can see in the chart below the pair continues to accelerate upward and, as I said yesterday, overbought or not all signals point north so I will continue to look for technical buying opportunities on dips and breakouts. Yesterday I settled for the latter (breakout) which netted some quick pip.
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Naismith gives Rangers Euro victory at last
Steven Naismith grabbed the winner as Rangers’ long wait for a win on the European stage came to an end with a 1-0 victory over Bursaspor.
Related Stories Arsenal back to European winning ways Real Madrid squeeze past Auxerre Maradona’s rooftop shoot out Three penalties help Tottenham to win Late Hernandez strike seals United win
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Indra Implements Cutting-Edge Smartcard Technology for Metro St. Louis
MIAMI, Sept. 29 /PRNewswire/ — Indra, Spain’s premier IT company and European multinational was awarded a multi-million dollar contract to implement cutting edge contactless smart card ticketing technology on the Metro St. Louis bus and light rail networks. Metro owns and operates the St. Louis me
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Ahead of U.S. vote, China vows more flexible yuan
China will increase the flexibility of the yuan and improve the way it manages the exchange rate with reference to a basket of currencies of the country’s trading partners, the central bank said on Wednesday.
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BA signs American Airlines tie-up
British Airways signs a transatlantic tie-up with American Airlines and Iberia worth a combined $7bn (£4.4bn) a year.
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Slowing seen in building contracts
The pace of future construction contracts appears to have slowed last month after two consecutive months of impressive increases. According to figures from industry information service McGraw-Hill Construction, the total value of future construction contracts in New Hampshire in August was $137.6 million, 5 percent lower than the $144.9 million in contracts reported in August 2009. The total in July was $546.5 million – almost four times the total of August. The value of future residential construction contracts in August was $45.2 million, 3 percent lower than last August’s $46.7 million. In July, the value of future residential construction contracts was some $40.4 million. Nonbuilding contracts – for roads, bridges and similar projects – totaled $28.8 million, about 39 percent lower than last year’s $47.2 million and some $270 million less than the July total of $299.4 million. The value of nonresidential construction contracts did rise in August, with $63.6 million reported, some 25 percent more than the $50.9 reported a year earlier.
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Forex Technical Update EUR/USD – Positive Reversal Signal Targets 1.36
# 4H: The EUR/USD saw a bearish divergence in the US session, and a correction decline was correctly anticipated in the latest update. I also mentioned that if gold is correcting, EUR/USD would likely stall as well. # I also mentioned looking for a positive reversal, and that pattern is also forming.
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