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Written by Andrew11
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Tuesday, 30 August 2011 |
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Tuesday
30/08/2011 8PM GMT 9PM CET
Today
we had gloomy news on the global economy with a plunge in consumer
confidence in the US and Europe but there has been no real sell off
in stocks yet as volumes remain thin but we should get another down
turn shortly and see the dollar push up again.
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Written by Andrew11
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Monday, 29 August 2011 |
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Monday
29/08/2011 8PM GMT 9PM CET
Stocks
rose, today amid optimism the US economy is on the mend and gains
were across all major indices's and Greek stocks had there biggest
daily rise in 23 years. So we have rises in stocks and high yielding
currencies but it won't last long...
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Written by Andrew11
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Saturday, 27 August 2011 |
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Saturday
27/08/2011 6PM GMT 7PM CET
The
Euro had a good week and managed to hold above the 1.44 level, to
push up to close to 1.45 but the rally is on borrowed time and we
see the Euro falling back to 1.40.
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Written by Andrew11
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Saturday, 27 August 2011 |
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Saturday
27/08/2011 6PM GMT 7PM CET
Currency
speculators increased bets
against the U.S. dollar in the latest week, according to data from
the Commodity Futures Trading Commission released on Friday. The
value of the dollar's net short position rose to $16.27 billion in
the week ended Aug. 23, from $13.55 billion a week earlier but with Speculators selling, its time to look what the smart money commercials are doing...
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Written by Andrew11
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Friday, 26 August 2011 |
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Friday
26/08/2011 8PM GMT 9PM CET
Federal
Reserve Chairman Ben S Bernanke said the Fed still has tools to boost
a recovery that has been weaker than forecast while staying with his
view that growth will pick up. And hes right but what does this mean
for the Dollar and the major currencies?
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Written by Andrew11
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Wednesday, 24 August 2011 |
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Wednesday
24/08/2011 8PM GMT 9PM CET
Benchmark
stock indexes are on track for their worst month since
the fall of 2008, after the collapse of Lehman Brothers. Investors
have been hoping for additional action from the U.S. central bank to
provide big stimulative measures but they will end up disappointed and stocks will fall further and safe haven currencies like the Dollar will go higher...
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