| 12/01/2008 12:17 PM |
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Currency Trading Market Conditions Remain Challenging: Breakout Strategies Prove Profitable (Daily FX via Yahoo! Finance)
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Sharp US Dollar gains have produced profits in several of our currency trading strategies on the week, and a continuation of US Dollar strength would make for similarly profitable trading signals in the week ahead.
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| 12/01/2008 09:52 AM |
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China's currency falls by record against U.S. dollar (Market Watch)
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China’s currency stages a record loss against the U.S. dollar Monday, falling to the lower end of its daily trading limit, in what some analysts say is a policy shift as authorities let the yuan depreciate against the greenback in an effort to help bolster the decelerating economy.
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| 12/01/2008 10:03 AM |
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Brazil, Colombia, Mexico: Latin America Bond, Currency Preview (Bloomberg)
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Dec. 1 (Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from the previous day’s session.
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| 12/01/2008 08:20 AM |
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Yuan Falls Most Since End of Currency Link Before Paulson Visit (Bloomberg)
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Dec. 1 (Bloomberg) -- China’s yuan fell the most since a fixed exchange rate ended in 2005 on speculation policy makers will seek a weaker currency, which may raise trade tension three days before U.S. Treasury Secretary Henry Paulson visits Beijing.
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| 12/01/2008 02:59 PM |
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Russia to compensate stock fraud, ban insider trading (Reuters via Yahoo! Singapore News)
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MOSCOW, Dec 1 (Reuters) - Russia will roll out laws next year to restrict insider trading and create a compensation fund for victims of investment fraud, the head of Russia's financial markets watchdog said on Monday.
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| 12/01/2008 10:40 AM |
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Gold Falls in London as Dollar Strengthens, Crude Oil Declines (Bloomberg)
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Dec. 1 (Bloomberg) -- Gold fell for the first time in three trading sessions in London as the dollar strengthened and crude oil declined, diminishing the appeal of the metal as a hedge against weakness in the U.S. currency. Platinum also plunged.
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| 12/01/2008 11:15 AM |
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Brazil stocks fall after a week of gains (AP via Yahoo! Finance)
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Brazilian stocks are falling after rising five days in a row last week. Brazil's Ibovespa index was down 2 percent to 35,856 shortly after trading began. The nation's currency, the real, also fell against the dollar and stood at 2.4 reals per dollar.
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| 12/01/2008 08:40 AM |
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Gold Falls in London as Dollar Strengthens, Crude Oil Declines (Bloomberg)
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Dec. 1 (Bloomberg) -- Gold fell for the first time in three trading sessions in London as the dollar strengthened and crude oil declined, diminishing the appeal of the metal as a hedge against weakness in the U.S. currency.
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| 12/01/2008 10:57 AM |
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he currency extended a three-week decline after India’s deadliest terrorist attacks in 15 years that lasted almost for ... (India Infoline)
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Rupee closed at a record low as a slide in equities fueled concern investors will increase sales of local shares. The currency extended a three-week decline after India’s deadliest terrorist attacks in 15 years that lasted almost for four days.
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| 12/01/2008 12:12 PM |
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S&P Puts Negative Outlook On Macedonia's Currency Ratings (The Forex Market)
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Standard & Poor's Ratings Services took the first step toward a possible downgrade of Macedonia's currency ratings, saying deteriorating liquidity will impact the Eastern European country as external financing dries up and exports weaken.
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