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Daily Forex & Commodity Trading News

OPENING COMMENT

US Dollar Unwinds a Bit of Last Week’s Gains

Monday, 20 May 2013 09:04 GMT
By Benjamin Spier EUROPEAN SESSION UPDATE: Yen finds temporary weakness on an Economy Minister warning; few economic releases….
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TRADING THE NEWS

GBP/USD- Trading the U.K. Consumer Price Report

Tuesday, 21 May 2013 03:00 GMT
By The British Pound may struggle to hold its ground ahead of the Bank of England (BoE) Minutes should we see a marked slowdown in U.K. inflation.
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EUROPEAN MARKETS Euro Market Opening Brief By

British Pound May Weaken as Soft CPI Drives Dovish BOE Bets

Tuesday, 21 May 2013 06:40 GMT The British Pound may fall as CPI inflation hits a seven-month low, driving expectations of an expanded BOE stimulus effort on the horizon.
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US MARKETS US Market Opening Brief By

Euro May Fail to Benefit from EU Meeting- Pound to Rally

Monday, 20 May 2013 12:55 GMT The rebound in the EURUSD may be short-lived as European policy makers preserve a reactionary approach in addressing the risks surrounding the euro-area.
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ASIAN MARKETS Daily Fundamentals By

Dollar Retreats Before Key Fed Officials Weigh In on QE3

Tuesday, 21 May 2013 01:20 GMT Having charged forward under one of the strongest two-week advances in nearly 18-months, the Dow Jones FXCM Dollar Index (ticker = USDollar) was in for a breather.
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TOP FX HEADLINES

Forex: Euro Leads Modestly but Aussie and Kiwi Drop

Wednesday, 14 November 2012 17:00 GMT
By The European currencies are leading despite a mixed batch of data out of Britain. Mainly, this can be attributed to some postive news on Spain. Meanwhile, with pressure on equity markets and the political landscape shifting... Read more
COMMODITY UPDATE

Crude Oil to Fall as Gold Gains on Soft US Retail Sales Report

Monday, 13 May 2013 11:25 GMT
By Gold prices are likely to rise on US Dollar weakness while crude oil falls amid risk aversion if April’s US Retail Sales data falls short of economists’ expectations.
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