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Crude Oil, Gold May Rise as Risk-Linked Assets Correct Higher

Fri May 25 08:45:00 GMT 2012 | By Ilya Spivak Currency Strategist
Crude oil and gold prices have scope to correct higher as profit-taking drivers a recovery in risky assets after three consecutive weeks of aggressive selling.


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Daily Briefings
Currency Strategist Ilya Spivak
Currency Strategist
Ilya Spivak

Dollar May Pull Back as Profit-Taking Drives Risk Appetite Recovery

The US Dollar rose in Asia but prices appear at risk of a pullback as markets absorb negative news-flow, allowing profit-taking to spark a recovery in risky assets.

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Commodities
Currency Strategist Ilya Spivak
Currency Strategist
Ilya Spivak

Commodities Rise Despite Dismal Chinese, Eurozone PMIs - Why?

Commodity prices are on the upswing along with a recovery in stocks and softer US Dollar despite dismal Chinese and Eurozone PMI readings. What’s going on?

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Trading the News

EURUSD: Trading the U.S. Durable Goods Orders Report

Orders for U.S. durable goods are projected to bounce back in April and increased demands for large-ticket items may prop up the USD as it curbs speculation for additional monetar...

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Key Forex Events This Week

RBA, BOE Rate Decisions in Focus Amid Shifting Central Bank Rhetoric

Mon Apr 02 08:00:00 GMT 2012
Christopher Vecchio Currency Analyst

A new month (and quarter) brings about the next round of central bank policy meetings. While the European Central Bank usually takes the spotlight, our attention this week is on ...

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Latest Market Strategy

Guest Commentary: 5 Traits of a Successful Forex Trader

Not anybody can be a Forex trader. Trading occasionally, as a side income or professionally requires certain skills and characteristics.

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5/21/12 15:04
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Economic Calendar

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Currency Central Bank Rate Overnight Rate
audaud 3.75% 3.92%
nzdnzd 2.50% 2.60%
eureur 1.00% 0.26%
cadcad 1.00% 1.00%
gbpgbp 0.50% 0.55%
usdusd 0.25% 0.16%
chfchf 0.00% 0.03%
jpyjpy 0.10% 0.11%
Symbol Roll S Roll B
EUR/USD 0.03 -0.05
USD/JPY -0.04 0.0
GBP/USD -0.13 0.06
USD/CHF -0.12 0.03
EUR/CHF -0.16 0.04
AUD/USD -1.41 0.68
USD/CAD 0.14 -0.31
NZD/USD -0.76 0.34
EUR/GBP 0.06 -0.13
EUR/JPY -0.1 0.03
GBP/JPY -0.26 0.0
CHF/JPY 0.01 -0.12
Rates shown are the expected rolls in USD for holding one 10k lot today on a typical FXCM Standard account.