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AUD Drops as Trade Balance Deficit Unexpectedly High

The Australian dollar dropped today, trading near this year’s lows, as a government report showed that the nation’s trade balance deficit in March wa[...] read more »
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Commodities Tumble as Europe Battered by Problems

Commodities declined today, threatening to erase this year’s gains, as the problems continue to haunt Europe. read more »
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Book Review: The Mental Strategies of Top Traders (Ari Kiev)

It is the second book from the recommended list in the Diary of a Professional Commodity Trader by Peter Brandt that I have read. read more »
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Euro Sinks Under Political Weight

Concerns about what’s next for the 17-nation currency zone are dragging down the euro as Forex traders look for safety, and choosing the US dollar an[...] read more »
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Rand Falls to Lowest at Three Weeks as Head of Roads Agency Resign

The South African rand dropped today to the three-week low after head of the national roads agency resigned, spurring talks that South Africa’s budge[...] read more »
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US Dollar Index Retains Modest Gains

Concerns about the Greek drama playing out, as wells concerns about the state of the global economy, are weighing on riskier assets. Greenback is bei[...] read more »
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Pound Falls on Negative House Price Balance

The Great Britain pound dropped today house price balance fell last month more than was predicted by analysts, spurring speculation that additional s[...] read more »
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SPX 500 - Tuesday 05-08-12

The SPX 500 sits about 1 point lower than Mondays close on the S&P 500 (as of 8:05am ET). As we head into the US open we are off the morning lows, ho[...] read more »
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Pound Foreign Exchange Rate Shoots Up as Greece Faces Fresh Elections

The pound has reached fresh heights against the euro overnight, in addition to a basket of other currencies, as the prospect of fresh elections in Gr[...] read more »
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Mexican Peso Falls as Fears Grow After European Elections

The Mexican peso fell today as fears of the European financial crisis intensified after the elections the past weekend revealed growing resentment ag[...] read more »
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Canadian Dollar Steady Today

Canadian dollar is mostly steady today. Amidst uncertainty about Europe, and concerns about what’s next, the loonie is managing to hold its own, espe[...] read more »
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Euro Edges Higher, In Spite of Uncertainty Following Elections

Euro is edging higher right now in forex trading on the currency market, even as uncertainties about Europe and the eurozone are raised by the result[...] read more »
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Aussie Sees Some Improvement

After an interesting weekend, the Aussie is seeing some improvement today as the Down Under currency is seen as a safer bet than European currencies [...] read more »
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Euro Dips on European Elections, Rebounds

The euro dipped to the four-month low today on the outcome of French and Greek elections the past weekend. The currency managed to rally, but remains[...] read more »
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SPX 500 - Monday 05-07-12

The SPX 500 sits about 8 points lower than Friday’s close on the S&P 500 (as of 8:20am). Over the weekend Francois read more »
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