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Canada's wholesale sales decline in January, OECD trims growth outlook
Thu, 19 Mar 2015 07:38:03 GMT
 
Following worse than expected manufacturing sales data, wholesale trade shocked with the biggest decline in six years in January, raising concerns over economic growth for the month. >>
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UK unemployment falls, BoE policy makers concerned impact of strong Pound on inflation
Thu, 19 Mar 2015 07:27:05 GMT
 
While the claimant count rate continued to decline for the 28th straight month in January, the UK unemployment rate remained unchanged at post-crisis low. >>
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EUR/GBP 1H Chart: Channel Up
Thu, 19 Mar 2015 07:16:54 GMT
 
The European currency has been recovering against the Sterling since Mar 11 and managed to form a bullish channel. However, the long bets are risky, considering that the market is >>
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EUR/NOK 1H Chart: Channel Up
Thu, 19 Mar 2015 07:16:38 GMT
 
At the moment the Euro is in a strong up-trend against the Krone, and extension of the recent gains seems a likely possibility. EUR/NOK should be underpinned by the support >>
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Fed drops "patient" stance, calls for slower rate increase
Thu, 19 Mar 2015 06:27:03 GMT
 
The Federal Reserve has eventually dropped its previous patient stance towards an increase of the federal funds rate. >>
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OECD revises Euro zone's growth outlook
Thu, 19 Mar 2015 06:16:04 GMT
 
The Organization for Economic Co-operation and Development revised upwards its 2015 growth outlook for the Euro zone amid the positive effect of low oil prices and ECB's stimulus. >>
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Japanese export exceeded forecasts, reaffirming economic recovery
Wed, 18 Mar 2015 22:27:03 GMT
 
Japanese export rose more than expected in the preceding month, eliminating the effect of the previous year's recession. The total amount of overseas shipments advanced 2.4%, compared to the median >>
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British unemployment stays at six-year low
Wed, 18 Mar 2015 22:16:03 GMT
 
The UK unemployment rate remained unchanged at 5.7%, the lowest level since October 2008. At the same time, the number of people seeking jobless benefits fell 31K, which is a >>
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Stronger Pound provokes deflation risks, warns BoE
Wed, 18 Mar 2015 22:05:04 GMT
 
According to the Monetary Policy Committee led by Governor Mark Carney, continued strength of the UK economy may stimulate the Pound to grow and thus lead to deflation. Meanwhile, the >>
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Iron ore prices curbed due to increase in global shipments
Wed, 18 Mar 2015 21:54:05 GMT
 
The biggest iron ore producer and exporter in the world, Australia, lowered its forecasts for the ore prices, as an increase in shipments contributes to a global glut. According to >>
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Market Research: AUD
Wed, 18 Mar 2015 16:07:03 GMT
 
The Australian currency performed in a fairly positive trend during the period ended March 17. This currency has not only hovered above the main baseline for the vast part of >>
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NZD/USD plummeted above expectations
Wed, 18 Mar 2015 15:56:03 GMT
 
On Tuesday, the Kiwi tumbled down, destroying the earlier gains. The weekly pivot point was not strong enough to stop NZD/USD from falling. As a result, the New Zealand Dollar >>
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USD/CAD: surge in progress
Wed, 18 Mar 2015 15:45:04 GMT
 
Even though the pair managed to climb on Tuesday, the gains were not sufficient to cover the preceding day's losses. >>
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AUD/USD retreats after a slight rally
Wed, 18 Mar 2015 15:34:04 GMT
 
On Tuesday, the Australian Dollar erased Monday's gains and moved slightly more to the downside. However, the currency pair did not drop as much as expected, settling around 0.7616. >>
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EUR/JPY edges higher despite bearish signals
Wed, 18 Mar 2015 15:23:04 GMT
 
The Euro advanced against the Yen despite the bearish technical indicators, proving yesterday's forecast correct. Resistance at 128.71 managed to prevent further rally, as the cross closed just under this >>
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