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XAU/USD receives support from demand at $1,260
Thu, 05 Feb 2015 08:25:35 GMT
 
The two-day streak of Gold's decline in price seemed to come to an end, while on Wednesday the yellow metal rebounded 0.70%, thus registering the fastest increase among major commodities. >>
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EUR/USD negates all Tuesday's gains
Thu, 05 Feb 2015 08:24:58 GMT
 
On the background of pessimistic news from the ECB in face of funding cuts for Greek financial system, the Euro dropped considerably yesterday against all but one major currency. >>
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GBP/USD intends to challenge the seven-month down-trend
Thu, 05 Feb 2015 08:08:01 GMT
 
The Sterling keeps outperforming the market on the back of better-then-expected data. >>
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Morning Press Review
Thu, 05 Feb 2015 07:30:05 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Colin Cieszynski, Market Analyst at CMC Markets, on Canadian economy and Loonie
Thu, 05 Feb 2015 07:19:05 GMT
 
The rate cut implemented by the Bank of Canada is similar to one that the Norges Bank did back in December 2014. >>
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Activity in China's services sector slows in January
Thu, 05 Feb 2015 07:15:05 GMT
 
Business activity in China's services sector, which accounts for 48% of the nation's economic output, grew at the slowest pace in six months, but managed to stay in the expansion >>
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Canada's Ivey PMI unexpectedly declines, Canadians concerned over economic outlook
Thu, 05 Feb 2015 07:04:04 GMT
 
In Canada, Ivey's purchasing managers' index unexpectedly dropped to the lowest level in almost four years in the beginning of the year, adding to concerns over the nation's economic outlook. >>
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AUD/JPY 4H Chart: Channel Down
Thu, 05 Feb 2015 06:53:25 GMT
 
Given the fact that AUD/JPY is trading within the boundaries of the bearish channel, the Aussie is likely to keep depreciating against the Yen. At the moment the currency pair >>
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EUR/PLN 4H Chart: Channel Down
Thu, 05 Feb 2015 06:53:18 GMT
 
The Euro has been underperforming the Polish Zloty since Dec 29, when the currency pair encountered a strong resistance level at 4.40. Considering that EUR/PLN has formed a channel down >>
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UK services PMI grows faster than expected
Thu, 05 Feb 2015 06:46:03 GMT
 
After growing at the slowest rate in more than a year, the UK services sector experienced a faster expansion last month, beating expectations of 56.6 and easing concerns of the >>
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US private firms create more than 200K jobs for fifth month in a row, services sector expands
Thu, 05 Feb 2015 06:35:04 GMT
 
US private companies created more than 200,000 jobs in January for a fifth straight month, adding to signs of sustainable labour market growth. >>
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Latest Euro zone fundamentals provide glimmers of light, Weidmann continues to criticize QE
Thu, 05 Feb 2015 06:24:03 GMT
 
A bunch of positive news came out from the Euro zone on Wednesday, as retail sales in the currency bloc rose for the third month in a row in December, >>
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Companies in Euro zone add more jobs on economy outlook
Wed, 04 Feb 2015 20:19:03 GMT
 
Companies in the Euro zone increased hiring, as services and manufacturing sectors in the bloc grew faster than expected. A gauge of employment rose in both industries during the January >>
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UK services growth adds more in January on drop in costs
Wed, 04 Feb 2015 20:08:04 GMT
 
UK services companies' growth exceeded economists' forecasts, since raw material costs declined and businesses hired more employees. Markit Economics announced on Wednesday that its Purchasing Manager's Index climbed from 55.8 >>
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S&P downgrades banks in Euro bloc on government aid during crisis
Wed, 04 Feb 2015 19:57:04 GMT
 
Six banks in Europe, including HSBC Holdings Plc and Credit Suisse Group AG, went through a rating cut by the S&P ratings agency amid the prospect governments are not likely >>
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