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Day: November 13, 2009
November 132009
British Pound High on Giant Airlines Fusion
The British pound had an excellent performance in the beginning of this Friday’s session as talks that the biggest airline in the country will merge another European giant in the sector brought optimism to London equities markets making the pound to benefit of a positive scenario. After British Airways Plc and Iberia Lineas Aereas de Espana SA, two of the biggest airlines in Europe decided to merge, the pound headed to a third straight winning week versus the U.S. dollar […]
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November 132009
Dollar Down After Significant Rally
This week has been extremely volatile for the U.S. dollar as different events moved markets sentiment among traders, forcing the dollar slightly down today after it rallied from the lowest level in 2009 versus the euro yesterday. The U.S. dollar did not have enough strength to continue yesterday’s winning streak as several reports, specially from Europe brought risk appetite once again to markets attracting traders to euro […]
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November 132009
EUR/USD Climbs on Germany Growth, Trade Balance Deficit
EUR/USD had a mild advance today after losing sharply in yesterday’s session, as European quarterly growth figures were positive. The U.S. trade balance deteriorated even further from the past month, in a week marked by extreme volatility in the pair and lack of a consistent trend. EUR/USD is trading at 1.4873 from virtually the same level yesterday. U.S. import and export prices for the month of October were released. Import prices grew 0.7%, […]
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November 132009
Lotus Elise from InstaForex
After offering a drawing of a Hummer H3 SUV to its real account traders, InstaForex now announced a new promotion. They will give away Lotus Elise roadster to a random winner, who will be determined by the special “Lotus number” on May 27, 2011 (yes, it’s a 1.5-year long contest). To participate in the drawing, one should register for a real account and deposit $1,000 or more during the course of the contest — from November […]
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