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Forex: CAD/JPY testing support at 83.40 - Forexrazor

FX Google - Fri, 07/30/2010 - 03:30

Forex: CAD/JPY testing support at 83.40
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work ...

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U.K. Consumers Wary

WSJ Economy - Fri, 07/30/2010 - 03:28
Consumer confidence slumped to the lowest level in 11 months in July, raising fears the economy could fall back into recession, a monthly survey released by polling firm GfK NOP showed.

US Growth Is Expected to Slow in 2nd Half

Forex Factory - Fri, 07/30/2010 - 03:25
Two steps forward, one step back. That describes the current thinking about a year into the putative economic recovery. On Friday, the government will release its report on the nation’s output for the second quarter, showing how much, if at all, the economy downshifted as the summer began. Man...

Building Bust Chokes Off California Jobs

WSJ Economy - Fri, 07/30/2010 - 03:08
Amid the tepid economic recovery, California's construction industry continues to hemorrhage jobs, helping to explain why unemployment across the state remains so much worse than elsewhere in the country.

Japan Press: Fed's Bullard: Deflation In U.S. A 'Concern'

Forex Factory - Fri, 07/30/2010 - 03:07
Deflationary pressure on the U.S. economy has increased, so the nation's central bank is "keeping an eye" on it, the Nikkei reported on Friday, quoting Federal Reserve Bank of St. Louis President James Bullard. "Inflation expectations are still holding up pretty well, but they've deteriorated qu...

Forex: AUD/NZD sets fresh 2-month high

FX Street - Fri, 07/30/2010 - 03:02
FXstreet.com (Córdoba) - After ranging around 1.2300 for more than a week, the Aussie finally...

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Forex: CAD/JPY testing support at 83.40

FX Street - Fri, 07/30/2010 - 02:50
FXstreet.com (Barcelona) - An appreciating Japanese yen continues to pressure other crosses lower...

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Forex Market Outlook on Minors/Crosses

FX Street - Fri, 07/30/2010 - 02:38
INTRADAY TRADING SIGNAL BY ACETRADER.COM : AUD/USD: 0.8994 Last Update At 30 Jul 2010 02:11 GMT...

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The Brief Daily Forecaster

FX Street - Fri, 07/30/2010 - 02:37
Bias:       Mixed - waiting for breaks Please read the attached PDF...

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Forex: NZD/JPY breaks to 8-day low at 62.30 - Forexrazor

FX Google - Fri, 07/30/2010 - 02:30

Forex: NZD/JPY breaks to 8-day low at 62.30
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work ...

and more »

People's Bank of China Sees `Less Need' to Lift Rates, IMF Says

Forex Factory - Fri, 07/30/2010 - 02:24
China sees little need for an imminent increase in interest rates, standing apart from Asian counterparts that are raising borrowing costs as the region shrug offs risks from advanced economies. People’s Bank of China officials said “that with a benign inflation outlook there was less need for hi...

US Dollar Support Gives Way, Stocks Still Undecided

Currency Trading: DailyFX - Fri, 07/30/2010 - 02:24

The US Dollar has broken key technical support, opening the door for a further 2 percent decline. Meanwhile, stocks continue to stall, signaling a potential double top and hinting that the link between risk and the greenback may be fading.

Gillard Dumps `Big Australia' as Mines Seek Labor

Forex Factory - Fri, 07/30/2010 - 02:23
Australia is abandoning a six-decade consensus favoring immigration, risking slower growth and faster inflation in a nation short of workers to help meet China’s demand for its commodities. Prime Minister Julia Gillard is pushing reduced population gains to lure voters in suburban districts she n...

USD Under Pressure, Euro Tests 1.3100

Action Forex - Fri, 07/30/2010 - 02:22
U.S. Dollar Trading (USD) risk aversion helped the USD off lows but for most of the day the world’s reserve currency was under pressure with EUR/USD leading the market higher. Q2 Company results were a little weaker than expected but Weekly Jobless Claims fell to 457k vs. 464k previously. In

Stocks Drop, Led By Technology Shares; Euro, Commodities Rise

Forex Factory - Fri, 07/30/2010 - 02:22
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as earnings and forecasts disappointed investors at technology and consumer companies. A gauge of commodities rose to a 12-week high on speculation the economic recovery will boost demand. The S&P 500 slipped 0.4 per...

Forex Exchange Morning Report

Action Forex - Fri, 07/30/2010 - 02:20
US equities fell sharply after opening, but largely recovered and the index is currently down 0.2%. Minor negative news, which may have contributed to the move, included a number of US company earning results missing analyst estimates, a fraud probe into the military insurance sector, and Fed member Bullard opining

Germany Regains Jobs Lost in Recession

WSJ Economy - Fri, 07/30/2010 - 02:20
German unemployment fell in July for the 13th straight month, putting Europe's largest economy on the brink of a milestone: regaining all of the employment lost during the recession far earlier than many expected.

Dollar Index Breaks 82-Handle Support

Action Forex - Fri, 07/30/2010 - 02:15
The dollar fell versus its counterparts on Thursday. The 4-week moving average of US initial jobless claims decreased to the lowest level since May 8. The S&P 500 declined 4.60 to 1,101.53. The euro rose to $1.31 for the first time since May 4 as euro-area economic sentiment climbed to

Friday Look Ahead: Markets End a Hot July Looking in the Rear View Mirror at Q2 GDP

CNBC - Fri, 07/30/2010 - 02:13
Stocks head into the final day of July with the best monthly gain in a year, yet July's hot performance has only sparked debate about what August will bring.
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