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Day: May 21, 2009
May 212009
Another Small Gain for EUR/USD After 3 Days of Growth
EUR/USD posted a small insignificant gain today as the market participants couldnt sustain such a long bullish trend after three days of growth. Despite the fact that the economic indicators that come out in U.S. today were quite positive, EUR/USD is still trading only slightly above its open level. Its now trading near 1.3774. Initial jobless claims were at 631k last week after 643k […]
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May 212009
NZD Gains for 4th Day Against U.S. Dollar
The New Zealand dollar rose for the fourth straight day against its U.S. counterpart and advanced for the second day versus the Australian dollar today, assisted by the signs of the global recessions easing. The Australian dollar also continued to rise against the greenback and the yen as the commodity prices rose considerably this week. The Asian region demonstrates a less […]
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