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U.S Jobs Report Better Than Expected

The U.S jobs report came out this morning with a better than expected results. The U.S economy gained 117K jobs and its unemployment rate fell to 9.1[...] read more »
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Yen Tumbles to 80.25, as Japan Goes for 3rd Intervention in a Year

The Yen tumbles to the 80.25 against the U.S dollar, as the Japanese Government calls for a 3rd intervention in approx. a year. The Japanese Yen is a[...] read more »
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BOJ to Sell its Currency for the 3rd time in About a Year ?

BOJ (Bank of Japan) is sending warning signals to the market that if the Yen continues strengthening, it may have to intervene and weaken its currenc[...] read more »
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U.S Debt Ceiling Deal Done, Focus Back on the Euro Zone

Now that the U.S Debt Ceiling deal is done, traders are shifting their focus back to the Euro Zone. There are worries of the Euro Zone debt crisis sp[...] read more »
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USD/JPY On the Edge of Breaking the 4 months low

USD/JPY is trading at the all time low once again, and has so far reached the 76.65 low. Intraday bias remains on the downside, as long as the 82.20 [...] read more »
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Currency Pair of the Week: EUR/CAD

EUR/CAD has declined to the 1.3404 low and is slowly trying to start a bullish rally. Intraday bias remains on the downside, as long as the 1.4156 mi[...] read more »
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Bank of Japan - Solo Intervention for the Yen

USD/JPY has reached the 77.04 low, hitting the 19 weeks low. As the currency pair is getting closer and closer to the 76.25 low (March 19th, 2011), t[...] read more »
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Fear of Debt Crisis Spreading in the Euro Zone

EUR/USD drops from the 1.4534 high to the 1.4254 low, as fears of the debt crisis is spreading from Greece to other Euro Zone economies. Today, we ha[...] read more »
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GBP/USD on a Strong Bullish Swing

GBP/USD is trading to the upside and is aiming to break the 1.6440 major resistance line. Intraday bias remains on the upside, as long as the 1.6004 [...] read more »
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Euro Rallies, Fears of U.S Debt Default

EUR/USD has rallied to the 1.4520 high, as the dollar declines due to fears of a U.S debt default. Intraday bias remains on the upside, as long as th[...] read more »
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BOJ Not Thrilled about Rising Yen

USD/JPY has continued its decline and reached the 78.04 this morning. The BOJ (Bank of Japan) have voiced their concerns about a strong Yen and its c[...] read more »
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Euro Rallies as Greek Debt Deal is Made

EUR/USD breaks the 1.4280 minor resistance line and reaches the 1.4436 high. The Euro rallied on a strong note yesterday as the Euro Zone agreed to a[...] read more »
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Juncker: Greek Default Still Possibility

EUR/USD broke the 1.4280 minor resistance line and reached the 1.4292 high. The currency pair retreated as Eurogroup President Jean-Claude Juncker pr[...] read more »
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Euro Zone Leaders “Confident” of a New Greek Bailout

EUR/USD is trying to rally itself to the 1.4280 resistance, the Euro has gained some momentum as the Euro Zone summit approaches. Intraday bias remai[...] read more »
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GBP/USD is Ready for a Rally ... Awaiting Greek Verdict !

GBP/USD hit the 1.5780 low last week and has rallied back to the 1.6100 level so far. Intraday bias remains on the downside, as long as the 1.6260 mi[...] read more »
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