EUR/USD Technical Analysis 26 November 2010
On Wednesday the Euro/Dollar was trading within a narrow, around 100 pip range. The European currency first depreciated to 1.3286, than climbed to 1.3388 yesterday, matching the positive Interbank sentiment projection at nearly +6%, closing the day at 1.3358. This morning the pair is showing weakness, but is still moving within yesterday’s range.
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Daily Outlook – North Korea Shelling Sparks Stock Plunge
U.S. Dollar Trading (USD) the market broke out of its recent range to the downside with stocks and most currencies plunging on fresh risk aversion. News that North Korea had shelled a South Korean Island and killed military personal and wounded civilians sent stocks falling sharply. FOMC Minutes als.
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Treasurys, dollar stay up after GDP revised higher
NEW YORK (MarketWatch) — Treasury prices and the dollar held onto gains on Tuesday after the U.S. said the economy grew at a 2.5% pace in the third quarter, revised from a previous estimate of 2%. Yields on 10-year notes , which move inversely to prices, fell 5 basis points to 2.75%. The dollar index , which tracks the performance of the greenback against a basket of other major rivals, rose to 79.143 from 78.611 in North American trade late Monday. The euro fell to $1.3502, versus $1.3629 Friday. Bonds and the dollar were higher before the data as military tensions on the Korean Peninsula and worries about Ireland and Portugal had investors seeking relatively safer assets. Still to come is data on existing home sales, the Federal Reserve’s next buyback, the government’s sale of 5-year notes and the release of the minutes from the most recent Fed meeting.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Forex Technical Update 11/22/2010 – Kiwi Weakness; USD and Yen Strength
Today, the biggest mover was the New Zealand Dollar (Kiwi). After Standard and Poor lowered New Zealand’s credit rating, the NZD/USD, NZD/JPY slid, while the AUD/NZD rallied. The USD also gained in the EUR/USD after an initial euro-rally that followed the news of Ireland accepting the ECB bailout.
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Euro rally fades as contagion fears grip investors
Traders make bolder bets after news of the Irish bail-out offers a positive start to the week, helping lift equities and commodity prices while squeezing the dollar
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Careless garbage dumping could soon cost Beijing residents dearly
Residents in Beijing would now have to think twice before dumping their garbage at an improper spot around residential areas as they might end up paying up to 200 Yuan (30 dollar) if they fails to follow the guidelines of an upcoming household waste classification system.
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Dollar General Offers Customers the Chance to Support St. Jude Children’s Research Hospital® During the Thanks and Giving® Campaign
GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–This holiday season, Dollar General (NYSE: DG) again joins St. Jude Children’s Research Hospital for the Thanks and Giving campaign by asking customers to “give thanks for the healthy kids in your life, and give to those who are not.” The St. Jude Thanks and Giving campaign launches at Dollar General on November 19 and runs through December 12. Customers who shop at Dollar General during this time will have the opportunity to donate $1 or more to the Thank
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EUR/USD Technical Analysis 18 November 2010
On Wednesday the Euro/Dollar adjusted insignificantly upwards with just over 100 pips. The European currency appreciated from 1.3459 to 1.3566 yesterday, matching the positive Interbank sentiment projection at nearly +4%, closing the day at 1.3525. This morning the correction extended further up to 1.3599.
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Catlin outlines approval process for new store
CATLIN – Village officials outlined the process for the approval of a new retail store near Catlin on Tuesday.
Dollar General is considering building a new store on a one-acre tract just northeast of the Catlin village limits along the Catlin-Tilton Road.
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Morning Forex Review : Dollar Surges Higher
Risk aversion is back in the air as riskier currencies and commodities sold off hard yesterday. Specifically, both the GBPUSD and EURUSD were down over 100 pips after trading below key support levels. Looking ahead, Forex traders are determining whether the current moves are telegraphing a sentiment change back towards the dollar, or are we only in the middle of sharp profit taking.
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