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Forex: USD/CAD trades below 1.0250
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EURUSD traded in a narrow range
Written by ForexCycle.com EURUSD traded in a narrow range between 1.4218 and 1.4457 for several days. As long as 1.4457 resistance holds,...
More put buying by the Big Guns
A US investment house has been a big buyer of 1.3600 puts today, expiring a week from tomorrow. Last week they bought a half-yard of 1.3800 puts which roll off tomorrow. They are now sellers of spot on rallies to 1.3900, dealers report. This same name was an aggressive buyer of EUR/USD above the...
Geithner to urge forex flexibility in China
Reuters WASHINGTON (Reuters) - US Treasury Secretary Timothy Geithner will discuss with top Chinese officials how to boost global economic growth as well as the ... See all stories on this...
GM flexes their muscle in Opel talks
According to this article it looks like GM are calling the shots in the Opel...
Cable ticks higher in early European trade
Cable has advanced to 1.6040 at writing. Some more good news on the UK housing front. House prices in England and Wales fell at their slowest annual pace in 1 1/2 years in the 3 months to May and completed sales hit a 9-month high. The Royal Institute of Chartered Surveyors, (RICS) monthly house...