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Sterling Plunges in Forex Trading as U.S. Payroll Data is Released

U.S. payroll data shows more job losses, and sends the unemployment rate above 10%. As a result, the sterling is lower as the risk trade falls apart [...] read more »
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Oil Pushes Past $80 a Barrel

Oil prices move past $80 a barrel again. U.S. dollar weakness helps, but part of the gains are likely due to speculation rather than fundamentals. read more »
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Ford's Surprise Profit Boosts U.S. Stock Futures

U.S. stock futures point to a higher open, thanks to Ford's higher profit. $1 billion in the third quarter, thanks in part to Cash for Clunkers. read more »
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U.S. Dollar Down Again in Forex Trading

Signs that economic recovery may be underway (U.S. GDP data from the third quarter) is providing a bit of optimism today. So the dollar is down again[...] read more »
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Is It Time for an Aussie Correction?

The Aussie has been appreciating rapidly in the last couple of weeks, thanks to an interest rate hike, and positive news out of China. But is it time[...] read more »
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Is Oil Rising Too Fast?

If oil prices spike this winter, it could seriously hamper economic recovery, resulting in a double-dip recession. read more »
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Oil Prices Touch $75 a Barrel

Oil prices touch 2009 high on speculation that demand could increase, and a weaker U.S. dollar. read more »
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Will We See Dow 10,000 This Week?

Some stock market bulls are hoping that earnings data and an improving (albeit slowly) economic situation will help push the Dow up past the 10,000 m[...] read more »
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Will Gold Hit $1,050?

Gold didn't quite make it to $1,050 today, but some analysts are predicting that gold's run at $1,050 -- and even higher -- will be successful by 2[...] read more »
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Reserve Bank of Australia Interest Rate Decision Tomorrow

The RBA is largely expected to leave rates the same tomorrow, but rumors swirl that things could change soon. After all, Australia was the developed [...] read more »
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U.S. Stock Market Rockets Higher

U.S. stocks rocket higher at the beginning of the session as M&A activity kick-starts the stock market. read more »
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Oil Prices Head Below $70 a Barrel

Oil prices continue to head lower as demand remains weak. Speculators are having a hard time arguing with the fundamentals. read more »
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U.S. Dollar Carry Trade Gains in Popularity

Right now, the U.S. dollar is being used as a funding currency in forex trading. read more »
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U.S. Dollar Consolidates on British, European News

With the German ZEW disappointing, and the BOE talking about a reduced commercial deposit rate, it is little surprise that the U.S. dollar is consoli[...] read more »
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China Trade War Sends U.S. Stock Futures Lower

U.S. stock futures are lower ahead of the open. Will the prospect of a U.S. - China trade war mean losses today on Wall Street? European and Asian st[...] read more »
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