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ForexAmericas Market Update Markets for February 4, 2009 by James WhyteIn the news: In today’s markets the main stories driving the U.S. Markets lower involved the financial sector, as more concerns about the TARP II arise, including the remainder of the toxic assets in the bank’s books. Also adding to the sell off is the fact that companies co

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Mid-Morning Market Recap: USD Moves Higher with North American Markets Closed

(CEP News) - Low volume and weaker equities are helping to boost the U.S. dollar, making it one of the top performers on Monday.U.S. markets are closed in recognition of the Presidents' Day holiday. U.S. equity futures at the CME will close alongside European markets at 11:30 a.m. EST.U.S. equity market futures are lower, with contracts on the Dow Jones Industrial Average down 52 points to 7727, the S&P 500 down 7 points to 813 and the Nasdaq down 14

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Dow Trades To 6 Year Low.

Markets for February 19, 2009 by James Whyte In the news: February-19 Today the U.S. stock markets were unable to maintain stability and it sent the Dow to a six year low (7,447.53). Closing at 7,465.95 (-89.68) the Dow was led lower by the financials, including Bank of America and Citigroup which both fell 14% in today’s trading. Bank of Americ

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ACM AC-Markets

ACM is a leader in forex trading execution. Through our multi-access « Advanced Trader » platforms, we allow our customers to trade from any Web browser, or from a downloadable professional dealing software, even from any wap enabled mobile ph

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Yen Advances To New Highs.

Markets for January 22, 2009 by James Whyte In the news:Rebound Wednesday is what we are calling the markets today. Stocks in the U.S. markets moved higher covering their losses from yesterday’s session. This bounce was due to strength in technology stocks and financials. Oil also spiked higher today, moving above $43 per barrel as signs

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Dollar Swiss Market View

Markets for January 20, 2009 by James Whyte In the news: Today’s U.S markets were closed in observance of the U.S holiday; Martin Luther King, Jr. Most of the focus is on tomorrow's presidential inauguration, where president elect Barack Obama will be sworn into presidency. Overnight we did see that Asian and European markets ended the day m

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USD/CAD Under Pressure as Markets Wait for Financial Bailout Plan

Domestic data had no impact on the Canadian dollar as FX markets ignored Friday's surprising drop in employment in January and Monday's soft housing starts report, also for January.Sentiment in the stock market remains relatively positive over Treasury Secretary Timothy Geithner's plans to save the financial system. His press conference, originally scheduled for today, was postponed until Tuesday. The USD/CAD ran into strong selling at just below the 1.3000 level in overnight trading and is struggling to hold on to

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Dollar Near 3-month Highs Vs. Yen.

Markets for February 23, 2009 by James Whyte In the news: February 23, 2009 – The talk today in the U.S. Markets has been the increase stake in Citigroup by the U.S. government. Although the equity markets are not taking this actions by the government well, the dollar has gained ground on the optimism the U.S. Government is staying proactive in stemming the recession more so than other nations. The precious metal-Gold continues to rise as investors demand for safe-haven

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