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German ZEW survey beats expectations in April; Pound and Euro break day tops

FXstreet.com (Barcelona) ? German ZEW Economic Expectations index has soared to 13.0 in April from -3.5% in March, according to the ZEW economic research institute.April?s increase has beaten the expert?s expectations which advanced a 3.8 reading. The assessment of the current economic situation, however, has worsened to -91.6 from -89.4 in March.The Euro has broken above 1.2950 after the data was released, reaching levels below 1.3000 minutes later. GBP/USD has broken above 1.4175 intra-day high, reaching to 1.4600 minutes after

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Forex Trading Euro Dollar : Jusqu'où ira l'Euro?

Les grandes tendances Forex : Jusqu'où ira l'euro ?Les espoirs d'un plande relance aux Etats-Unis après le discours de Ben Bernanke lundi continuent desoutenir le dollar face à toutes devises européennes. L'euro a chuté pour lapremière fois depuis novembre 2006 en dessous de 1.28 dollars, au plus bas à 1.2734cette nuit contre 1.3323

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USD/CAD Heading for 1.30 as Risk Aversion Swells, Strategists Say

(CEP News) - The recent fall in the Canadian dollar has many strategists suggesting that USD/CAD could test the 1.30 level in the short-term.USD/CAD was trading up 1.93 cents to 1.2618 as the plunge in stock markets worldwide has ignited a flight-to-quality trade.

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Usd/chf Heading Higher.

In the news: March 3- Today’s U.S. Markets finished marginally lower as the Federal Reserve Chairman Bernanke said to the senate Budget Committee, the banking system is still not out of the water. On the back of this comments, the market started showing concern the government will not be able to shore up the financial system. Bernanke also said pol

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Intra-day Trading Signal By Acetrader : Usd/jpy

Intra-day trading signal by AceTraderUSD/JPY OUTLOOK 98.23Last Update At 09 Mar 2009 00:24 GMTAs dlr has edged higher due to renewed crossselling in yen, suggesting fm pullback fm 98.45 (NYhigh) has ended earlier at 97.90 n abv said res wudbring stronger retrace. of Friday's fall to 98.70/80 but reckon 98.90 wud cap upside.Exit prev. short n st

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German Ifo, better than expected in April; Euro rallies further

FXstreet.com (Barcelona) ? German IFO business climate index has increased somewhat above expectations in April, pointing out to a softening economic slowdown. The Euro has risen further and the Dollar has bounced up against the Yen.IFO Business Climate Index has risen to 83.7 in April from 82.1 in March, somewhat above the experts expectations off a slight increase to 83.3. Economic Expectations Index has risen to 83.9 in April from 82.1 in March.EUR/USD rebound at 1.3000 level yesterday has broken

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Plongeon De La Livre Sterling Sur Le Forex

La publication par la Banque d'Angleterre du traditionnel rapport trimestriel sur l'inflation a laissé planer de très fortes inquiétudes sur les perspectives économiques outre manche, faisant littéralement plonger la livre sterling face aux autres devises sur le marché des changes. Ainsi, en début de matinée, la livre sterling est tombée à

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