Japan’s Jobless Rate jumped to the highest level in nearly six years as the economy continues to dwindle into recession. The 5.2% jobless rate in May rose…
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The euro extended recent gains vis-agrave;-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4100 figure and was supported around the .3980 level. Australasian dealers sold the common currency but European and North ……
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U.S. indices have begun a holiday shortened week on the upside likely helped by month and quarter end flows. Gains are pretty wide spread with financials, energy, and consumer discretionary names all generally moving higher. Crude is trading back above …
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About the DFX Trend Index The DFX Trend Index ranges from -100 to +100 and is updated everyday at 5 pm eastern US time. The numbers correspond to specific…
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The EURCAD rally from the June low at 1.5342 has brought the pair to a resistance line that is drawn off of the 12/30/08 and 3/20 highs. The line is reinforced…
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COT data suggests that the US dollar is closer to bottoming than topping although a bottom may not form for another several weeks.
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• Euro story still the same; looking for lower top ahead of next drop • Dollar/Yen rallies Monday but needs to break 96.60 to remove downside pressure •…
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- In equities news overnight: European equity bourses opened on a soft note with slight declines in the major exchanges. Asian equity markets foreshadowed this trade with muted downside trade with banking and basic resource sectors faring the worst. Cauti…
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Is there anything about Michael Jackson that we don#8217;t now know? You know the news machine is running out of options when they have to interview celebrity lookalikes to get an opinion. Hopefully, now that the Sunday papers have devoted half a ……
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On Friday, the Czech koruna gave up part of its gains, which was triggered by CNB#8217;s decision to leave rates unchanged on Thursday. Hence, the EUR/CZK pair moved back above the 26.0 level. This week the domestic calendar is completely empty, so ……
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