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Experts: EURUSD Will Drop Down To 1,15
Japanese Yen: Market Outlook
Trichet: Situation In Eurozone Gets Worse
Larson and Holtz: How to Trade with Zero Spreads?
Masterforex-V: Documentary on Forex – What Don’t We Know?
FIBO Group: High Leverage – Good or Evil?
Wal-Mart Sees 1.1% Income Boost
Facebook: Consequences of Last Year’s IPO
Asian-Pacific Stock Indices Close Bullish, With New Records
Dell’s Weak Report Disappoints Investors
Toyota Outpaces Samsung In Terms Of Capitalization
Google and Microsoft Quarrel Over YouTube
The Washington Post On European Crisis and Euro
Trust In EU Declines. Will Euro Collapse?
ForexContest 2013 – New Contest, New Opportunities
Tusar Forex: Open an Account and Get 8 Dollars!
USA vs China: Can H7N9 Virus Be Biosychological Weapon?
Will Global Shale Boom Affect Russia’s Oil Industry By Dropping Oil Prices?
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Foreign exchange market
Experts: EURUSD Will Drop Down To 1,15
China Increase Precious Metal Production
Since early 2012, China has produced some 27 million tons of precious metals. According to data provided by the National Development and Reform Commission (NDRC), this year’s readings are 7.1% higher than those seen in 2011.
Obama Offers Tax Hikes
The US government is waiting for the US Congress to back the spending cut and tax hike plan aimed at reducing the budget deficit. The forthcoming fiscal collapse can be avoided if the plan is backed by the legislators. Otherwise, the US will face a major economic recession.
Export Growth Fails To Weaken Pressure On British Pound
The recent report published by the Office for National Statistics (UK) suggests a decline in the UK trade balance down to ₤2.7bn in September. The previous readings were around ₤4.3bn.
Higher Unemployment Presses Swiss Franc
The Swiss rate of unemployment increased a bit in October. With a glance at seasonality, the rate of unemployment increased from 2.9% up to 3%. In general, the readings matched the analytic forecast.
Masterforex-V Academy’s Rating of Forex Brokers: MIG Bank Confirms Leading Position
USDCAD: September’s Construction Orders Decline
According to the data provided by Statistics Canada, the total amount of construction orders in Canada declined down to $6.5bn. This is a 13.2% decline (y/y).
US Election Results Will Complicate Yen Exchange Rate Regulation
The recent US presidential election used to be the major focus of attention. Some analysts assume that the election results may have a considerable impact on the USDJPY exchange rate.
RBNZ Sees No Threats To Kiwi
Graeme Wheeler, Governor of the RBNZ, says the central bank doesn’t expect any weakening of the New Zealand Dollar in the near future. Moreover, the authorities are concerned about the strengthening of the national currency.
Aussie Gets Support
Obama’s victory at the recent presidential election seems to have supported the Australian Dollar. According to Tim Waterer, a currency strategist working for CMC Markets, the election results have had a positive impact on risky currencies.
EURUSD: Angela Merkel On Eurozone Integration
