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Aussie in sight of 8-mth peaks on better U.S. Data

The Australian dollar extended gains to above 82 U.S. cents on Friday, after better-than-expected data from the United States boosted hopes of a reco[...] read more »
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Gold rises from two-week low as greenback drops

Gold rose from a two-week low in New York and London on speculation that a slide in the dollar will spur demand for the precious metal as a currency [...] read more »
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Forex Blog: The dollar will remain the reserve currency.

The Chinese leadership said so yesterday, despite their previous intermittent cat-calls for a new currency. read more »
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U.S. economy sinks at a 5.7 percent pace in first quarter

The U.S. economy sank at a 5.7 percent pace in the first quarter as the brute force of the recession carried over into this year. read more »
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Gold rises on weak dollar, ETF unchanged

Gold rose to test $985 per ounce again on Wednesday, as a weakening U.S. dollar prompted investors to buy bullion as a hedge against the deterioratio[...] read more »
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U.K. Consumer Confidence Increased to Six-Month High

U.K. consumer confidence increased in May to the highest level in six months as shoppers became more hopeful that the economy will emerge from recess[...] read more »
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Japan’s Five-Year Notes Advance

Japan’s five-year government bonds rose for the first time in a week before a report tomorrow that may show companies cut capital spending at a recor[...] read more »
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Australian economy escapes recession

The economy, which has enjoyed a housing boom and bust like those in Britain and America, grew 0.4pc in the first quarter, official figures from the [...] read more »
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Japan April Unemployment Rises To 5.0%

Joblessness in Japan rose to a five year high of 5.0 percent in April, according to data released Friday by the Finance Ministry. read more »
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Dollar edges towards 79 US cents

The Australian dollar is trading higher, riding close to $US0.7900 as local equity markets gained. read more »
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A Slight Upgrade in 1st-Quarter G.D.P.

The economy’s decline in the first three months of the year was not quite as bad as the government originally believed, kindling hope that the recess[...] read more »
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U.S. consumer mood highest in 8 months-survey

Optimism over the U.S. government's stimulus programs to combat the recession lifted consumer confidence in May to its highest level in eight months[...] read more »
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Forex Book Review: Millionaire Traders

To be honest, I’m a bit disappointed with this book. I don’t really know where to put the blame. The content is great—yes. read more »
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Forex News: Oil stays above $61

Oil prices are above $61 a barrel today in Asia as investors sought a hedge against inflation amid weakening U.S$. read more »
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Reducing inflation targets would be smart, BoC says

Central bank notes that even at 2 per cent, the erosion of purchasing power can pose a problem read more »
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