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Day: January 26, 2010
January 262010
Dollar Heads Up Despite Fundamentals
EUR/USD declined today after a 2-day consolidation on Forex as the traders sold the pair on expectations of the important macroeconomic reports which were to come out later today. Although, the reports weren’t very surprising and were more pro-bullish for EUR/USD, the currency pair continued to remain low even after releases. It’s now trading near 1.4072. S&P/Case-Shiller home price index continued to rise in a month-to-month comparison in November 2009 and is now standing […]
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January 262010
Uneasy Situation
Hello my readers! Today I think that I need your help to solve some uneasy situation that concerns some of the reviews on EarnForex.com and thus is important for the quality of the content and information that you as the site’s visitors receive from it. The situation involves a trader (let’s call him Joe), a broker (let’s call it ACME-Forex) and a bunch of rather rough reviews of this broker submitted by Joe. Trader Joe was trading successfully […]
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January 262010
Brazil Real Remains Near 2010 Record Low
The Brazilian real continued to be influenced by bearish equities and commodities markets and did not manage to pare gains after falling during the most of the time last week. Brazil is one of the main metallic commodity exporters in the world, and uncertainty brought by U.S. and Chinese statements regarding new financial regulations for loans in both countries still impacted market sentiment today, decreasing demand for raw materials and riskier assets globally, forcing the real […]
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January 262010
Australian Dollar Pare Losses on Inflation
The Australian dollar managed to gain versus lower-yielding currencies before a report to be released this week in the country is likely to show an advance in inflation in the last year’s last quarter, helping speculations that a series of interest rates in the country will restart. The Aussie rebounded after losing versus most of lower-yielding currencies last week as risk aversion remained predominant in majority of trading hours. Investors in the South Pacific region are waiting […]
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