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10 Oct 2007: Asian stocks rally on view that Fed is in control
What a difference a day makes. The USD might have had a small correction over the last few sessions, but markets have now come to the consensus that the USD has gotten ahead of itself. ...
10 Oct 2007: NZD consolidates off back of survey
The NZD rallied slightly on Tuesday after the NZIER Quarterly Survey of Business Opinion (QSBO) suggested that inflation was still hiding around the corner.
The currency gains were short lived however and the overnight session saw the NZD/USD hover around 0.7600. ...
The currency gains were short lived however and the overnight session saw the NZD/USD hover around 0.7600. ...
09 Oct 2007: Asian stocks rose, dollar rose
Asian shares extended gains on Tuesday while the dollar held near a two-month peak against the yen, as investor fears over a possible recession in the United States subsided.
Japan's Nikkei average rose 1 %, led by hightech exporters, such as Advantest Corp, as Tokyo caught up with Friday's record-setting rally on Wall Street. ...
Japan's Nikkei average rose 1 %, led by hightech exporters, such as Advantest Corp, as Tokyo caught up with Friday's record-setting rally on Wall Street. ...
09 Oct 2007: USD strengthens on quiet trading
New Zealand dollar
NZD off seven week high ahead of NZIER. Despite a report from Quotable Value showing the first dip in New Zealand house prices in eight months, the NZD made early ground against a broadly weaker USD during the local session yesterday. The currency marked an intraday high of 0.7666, before posting a new seven week high of 0.7675 during offshore trade. ...
NZD off seven week high ahead of NZIER. Despite a report from Quotable Value showing the first dip in New Zealand house prices in eight months, the NZD made early ground against a broadly weaker USD during the local session yesterday. The currency marked an intraday high of 0.7666, before posting a new seven week high of 0.7675 during offshore trade. ...
09 Oct 2007: Forex Technical Report GBP/USD
GBP/USD Open 2.0414 High 2.0428 Low 2.0327 Close 2.0355
The Pound/Dollar continued its consolidation and returned to the bottom line of the formed triangle on daily basis. Support for today is the top from 24 September 2.0320, followed by 2.0449 - a 21 day MA, and the 55 day MA 2.0496. ...
The Pound/Dollar continued its consolidation and returned to the bottom line of the formed triangle on daily basis. Support for today is the top from 24 September 2.0320, followed by 2.0449 - a 21 day MA, and the 55 day MA 2.0496. ...
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