Foreign Exchange Markets

US growth downgrade weighs on world markets

By PAN PYLAS AP Business Writer LONDON (AP) - European and U.S. stock markets fell Tuesday after the U.S. government said the U.S. economy did not grow as fast in the third quarter as previously estimated, stoking fears that...

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Nikkei Nosedive: Signals from a Weak Japan

Nikkei Nosedive: Signals from a Weak Japan Seeking Alpha (blog) While the phenomenon hasn't received much attention, the Nikkei 225 headline Japanese stock index has diverted course from all other major economic player stock...

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USD Still Waltzes to the Same Tune

And is dancing to the market's number one hit , i.e. "Stuck in a Range." If you take the most traded currency pair, the EUR / USD, as a benchmark, the range is between the 1.5020 and 1.4800 levels. There is a need for a...

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Uganda: Analyst Gives Economy a Clean Bill of Health

A financial analyst has given Uganda's investment future a clean bill of health and predicts that the economy is set to attract even more offshore investors than its African peers. With forecasted growth estimated at 6 to 7 per...

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VimpelCom Q3 Profit More-than-doubles - Update

Russian telecommunications service provider Vimpel-Communications (VIP), known as OJSC VimpelCom, reported Tuesday a surge in its third-quarter profit, in Russian rubles, reflecting strong mobile as well as fixed revenues on...

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Forex: GBP/USD: Above 1.6575 we could see 1.6640 - Kshitij Consultancy Service

Forex: GBP/USD: Above 1.6575 we could see 1.6640 - Kshitij Consultancy ServiceFITITOL-->FXstreet.com (Barcelona) - Pound's decline from 1.6650 high on Monday has found support at 1.6500 on European trade, and the Pound reaching...

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U.S. Update: Inside weekly ranges and attached to gold

What happened Despite Monday fresh high in gold, and dollar losing ground against most rivals, major crosses were still unable to leave past week ranges, and greenback bounced slightly up this Tuesday, since Asian opening....

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Follow The Leader?

The bulls enjoyed a solid advance to start the week, but the bottom line is the end result wasn't nearly as positive as it could have been. While the indices all finished with gains of at least 1.25% (the Russell popped +1.7%),...

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Perspective in a World Gone Economically Mad

Assets are deflating relative to Gold. This is the missing link of the deflation/inflation game. Prechter is focused on the wrong currency. His theory has already been proven when Gold is used as the measuring currency.

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The Push-Me Pull-You Global Markets Are Undecided (at Seeking Alpha)

The Push-Me Pull-You Global Markets Are Undecided Forex Trader Note: Long S&P, Short Nikkei, Flat German Dax; the equity futures are not well aligned to push through yearly highs. Long Gold, Flat Oil; the commodity markets are...

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