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Posts Tagged ‘rise’

EUR: Holding Short Through Upswing


JPY: Intervention Spike Being Unwound


GBP: Looking to Sell on Channel Test


CAD: Bullish Reversal Brewing Ahead


AUD: Sellers Stalled at Channel Support


NZD: Medium Term Top Set Near 0.82

View full post on DailyFX – Technical Analysis – Candlesticks

Euro, Italian Bonds Drop on Contagion Concern as Stocks Rise
The euro weakened for a third day and Italian and Spanish bond yields rose compared with German debt on concern the region’s crisis is worsening. European stocks gained while U.S. index futures declined.

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Bond Buying Risks Price Rise
The Fed may be underestimating the inflation outlook for the second time in less than 10 years as it prepares to pump more money into the economy

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Tokyo shares rise on US rally
Tokyo – Tokyo stocks gained in mid-morning trading Tuesday as gains on Wall Street boosted investor sentiment, but the yen’s strength weighed on the market.

Read more on EARTHtimes.org

Asian stocks rise on China currency news
SHANGHAI—Asian stock markets surged today as investors took heart from China ending its currency’s two-year peg to the dollar, and the yuan surged in spot trading. By midafternoon, the yuan was quoted at 6.8095 to the U.S. dollar, up from Friday’s close of 6.8272. But a 0.5 percent limit on the currency’s daily range would prevent much larger movements in its value.

Read more on Richmond Times-Dispatch

Stocks, Oil Rise on U.S. Home, Car Sales; Japanese Yen Weakens
Asian stocks rallied the most in more than three months, oil gained and bond risk fell as rising sales of U.S. homes and cars bolstered confidence in the global economy. The Japanese yen weakened for a second day.

Read more on BusinessWeek