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Singapore Dollar falls as the central bank shocks the market
Wed, 28 Jan 2015 23:19:06 GMT
 
Singapore's currency dropped when the CB of the Asian nation surprisingly eased the monetary policy, highlighting the variety in central bank policies around the world. Singapore's Dollar plummeted 0.9% to >>
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China cuts growth target to 7% for 2015
Wed, 28 Jan 2015 23:08:07 GMT
 
China is going to lower the growth target to 7% for the current year. Policy-makers are trying to stimulate weak growth, create more working places, and introduce the needed reforms. >>
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European and Greek equity edges lower
Wed, 28 Jan 2015 22:57:04 GMT
 
European stocks showed negative tendency on Wednesday morning, and Greek shares prolonged their sell-off following the victory of Syriza party on Sunday. Stocks of Piraeus Port Authority, the biggest port >>
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US consumer confidence surges to the highest level
Wed, 28 Jan 2015 22:46:06 GMT
 
Strongly depressed crude oil prices and the labour market that added around three million jobs in the previous year, pushing the level of unemployment to a six-year minimum, are increasing >>
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German's economic outlook strengthened due to oil prices
Wed, 28 Jan 2015 22:35:05 GMT
 
German's Chancellor Angela Merkel announced positive economic outlook due to strong drop in oil prices and the ECB-led quantitative easing measures. Therefore, Germany's economy probably will advance 1.5% compared to >>
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US consumers benefited from cheap oil
Wed, 28 Jan 2015 22:24:08 GMT
 
The unexpected fall in fuel costs is an advantage to households, while the impact on companies is not as obvious. Consumer confidence index advanced to its seven-years high in January >>
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Australian core inflation is surprisingly high
Wed, 28 Jan 2015 22:13:03 GMT
 
The cost of living in Australia increased more than expected, decreasing the need for the Cental bank to cut interest rates. According to the Statistics Bureau the core price level >>
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Gold trades near 5-month high amid Fed interest rates
Wed, 28 Jan 2015 22:02:05 GMT
 
Gold traded almost the same near the highest level in five months, since investors are weighting the outlook for US interest rates before the Fed's two-day meeting. The yellow metal >>
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Finance Minister of Germany states Greece should forget about reduction of debt
Wed, 28 Jan 2015 21:51:03 GMT
 
Wolfgang Schaeuble, Prime Minister of Germany, stated that Greece can forget about the reduction of their debt, since there is no tension on public finance for the following five years. >>
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Greek bonds and stocks decline
Wed, 28 Jan 2015 21:40:03 GMT
 
Bonds and stocks in Greece dropped for a second day, since the nation's new leader had a clash with finance ministers of Euro zone over the funding needs. Greek shares >>
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AUD/USD highly volatile
Wed, 28 Jan 2015 20:35:03 GMT
 
The AUD/USD pair swung about 125 pips today, yet, the bulls were stronger and brought the cross to trade higher. >>
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NZD/USD trades undefined
Wed, 28 Jan 2015 20:24:17 GMT
 
The NZD/USD pair was little volatile today and the market participants were not able to move the price anywhere far away from the previous day close at 0.745. >>
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USD/CAD closes in green
Wed, 28 Jan 2015 20:23:58 GMT
 
The market bulls were not ready to let the CAD tumble versus its counterpart and the pair regained some part from the previous day loss. >>
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EUR/JPY fails to break the 100% Fibonacci
Wed, 28 Jan 2015 20:23:47 GMT
 
Generally, the JPY received back half of the losses from the previous day by retreating down for about 60 pips. >>
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Market Research: GBP
Wed, 28 Jan 2015 15:33:03 GMT
 
During last period ended January 27, the Pound used to be one of the best performers among major currencies on the foreign exchange market. The British currency was hovering above >>
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