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Morning Bell: US Markets Rallying Ahead of FOMC
Tuesday, June 18, 2013
Equities in the US markets posted strong gains on Monday June 17th, as market participants shift their focus to the 2-day FOMC meeting which will be taking place tomorrow.
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Morning Bell: S&P 500 index marking its best day in five months
Friday, June 14, 2013
US stocks rallied on Thursday, with S&P 500 seeing its best day in the last five months. This was due to the number of new jobless claims dropping in the latest weekly data, pointing to a slower pace of layoffs.
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Morning Bell: EURUSD Fresh 3-Month Highs
Thursday, June 13, 2013
The American dollar faced a near four month low against several major currencies including the Euro early in Asia on Thursday.
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Morning Bell: Nikkei Opens Down 1.7%
Wednesday, June 12, 2013
The Euro resumed its rise against dollar in the beginning of the week after yesterday’s comments from Mario Draghi, who indicated that the ECB is easing its aggressive measures.
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Morning Bell: EUR Strengthens Against USD
Tuesday, June 11, 2013
On Monday, EUR/USD continued its uptrend, once again posting session highs at around 1.3265/70.
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Morning Bell: US Dollar Declines
Friday, June 7, 2013
Thursday’s trading included volatility levels in the foreign exchange market like the ones we saw during the 2008 financial crisis. The greenback declined against the major currencies, which in many cases created new technical trends, with the dollar losing ground.
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Morning Bell: British Services Sector Expands
Thursday, June 6, 2013
In Wednesday’s trading the British sterling was the major winner, making new highs and breaking through major resistance levels.
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Morning Bell: Australian Central Bank Leaves Rates Unchanged
Wednesday, June 5, 2013
The greenback saw gains in Tuesday’s trading after positive news about the US trade balance.
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Morning Bell: US News Disappoints Markets
Tuesday, June 4, 2013
Disappointing news from the US on Monday changed the momentum for the major currencies that the greenback is traded against.
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Morning Bell: US Shows Disappointing Results
Friday, May 31, 2013
The greenback’s rally saw a halt on Thursday after the disappointing data that came out of the US with all three major indicators showing lower than expected results. This is a hit to the Federal Reserve’s plans to taper its government bond buying program early in the summer.
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