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Preview: NZ 4Q Retail Sales – Strong Release to Push AUD/NZD Through Daily Support
New Zealand releases its retail sales data for the fourth quarter in the upcoming Asia-pacific session. After a very strong 2.
Nick Nasad | Quick Read
USD/JPY Breaking Key Resistance after BoJ Expands Asset Purchase Program
The Japanese Yen slid after the BoJ announced an increase to the asset purchase program, which translates to expansion of QE (printing more money).
Fan Yang | Quick Read
Trade Deficit Data Belies U.S. Recovery
Wall Street is extolling the virtues of our rising U.S. trade deficit as a sure sign the economy is well on the road to a full and viable recovery.
Michael Pento | Quick Read
USDCAD: Attempts A Correction But Vulnerable
The pair continues to trace out a temporary bottom but still retains its nearer term downtrend started from 1.0524 level. This leaves the risk of a return to the 0.9923 level traded on Feb 09'2012.
Mohammed Isah | Quick Read
AUD/USD At the Cusp of Completing a Head and Shoulder
The AUD/USD market topped off in the short-term from the 1.0843 high last week and hit our initial targets with the next being 1.06 (which at the time was also coincident with the rising trendline seen in the 4H chart.
Fan Yang | Quick Read
Risk Retreats Following Moody’s Downgrades and Warnings
At the end of today's NY trading session Moody's announced that it was cutting the debt rating of six European nations including Italy and Spain, and put France, Austria and the UK on negative outlook.
Nick Nasad | Quick Read
There's Value in Russia's Future
As Americans ponder the merits of Obama vs. Gingrich, Paul, Romney or Santorum, Russia will be electing its own president on March 4.
Frank Holmes | Quick Read
Equities Finish Higher As Greek Secure Bailout| February 14, 2012.
The Australian equities are pointed to a solid start to the trading day after the overnight equities rallied on the back of the Greek’s finally given the green...
Preview: German ZEW – German Economy to Continue its Rebound
Release: Germany ZEW Economic Sentiment (Feb) Consensus Forecast: -11.6 Previous: -21.6
Nick Nasad | Quick Read
USD/JPY Breaks Below 77.50 in Short-term Topping
USD/JPY's rally from 76 support stalled at 77.80, where the market ranged between that resistance and 77.50 support. As the 2/13 US session got underway, it fell below 77.50.
Fan Yang | Quick Read
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