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Gold Trading price makes an Intermediate top at USD 1763 and falls

Gold Trading price makes an Intermediate top at USD 1763 and falls

MUMBAI, Feb 05    Gold Trading prices after making an intermediate high at USD 1763 and corrected to close the day at USD 1725 on Friday as US economy added more jobs in January than forecast. Selling pressure gathered momentum after gold in New York slumped the most in five weeks as the US economy added more jobs in January [...]

The big boss who still controls the world

The big boss who still controls the world

The US dollar has maintained its status as the world’s main reserve currency for decades. More than half

US data boosts equities, dollar

US data boosts equities, dollar

Major stock indexes closed on Friday at highs not seen in months, with the Nasdaq reaching the highest in 11 years, while the dollar rose against the yen as a jump in US job creation fueled investor optimism.

Dollar at Risk of Fresh Plunge as Dow Moves to Test Multi-Year Highs

Dollar at Risk of Fresh Plunge as Dow Moves to Test Multi-Year Highs

Though the dollar ended Friday in the red, its performance was too bad. A sharp correction of intraday gains for the Dow Jones FXCM Dollar Index would leave the benchmark in the red, but it nevertheless ended well off the week’s lows

Japanese Yen Outlook in Disarray as Greek Fiasco Beckons Intervention

Japanese Yen Outlook in Disarray as Greek Fiasco Beckons Intervention

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Gold Fails to Break December Highs – Bearish Tone

Gold Fails to Break December Highs – Bearish Tone

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Australian Dollar At Risk Of Major Selloff Amid RBA Rate Cut

Australian Dollar At Risk Of Major Selloff Amid RBA Rate Cut

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FOREX-Dollar up vs yen on US jobs data, holds steady vs euro

FOREX-Dollar up vs yen on US jobs data, holds steady vs euro

* Strong US jobs data lifts greenback vs yen * Safe haven trade diminishes, euro gains on U.S.

New Zealand Dollar Current Technical Condition Similar to 2007

New Zealand Dollar Current Technical Condition Similar to 2007

The impressive NZDUSD rally since mid December has resulted in a technical condition similar to the one that preceded the nearly 1500 pip August 2007 decline.

High Reward/Risk Breakout Trades on Yen Crosses

High Reward/Risk Breakout Trades on Yen Crosses

Recently trading at multi year lows, the Yen crosses show signs of turning the corner.