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Thread: Forex news from InstaForex

  1. #321

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    Pound At 1-week Low Against Franc


    The pound lost ground against the Swiss franc in Asian morning deals on Thursday.

    The pound slipped to a 1-week low of 1.4945 against the franc, compared to yesterday's close of 1.4963. On the downside, the pound is likely to find next target level at 1.49.
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  2. #322

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    Pound At 1-week Low Against Franc


    The pound lost ground against the Swiss franc in Asian morning deals on Thursday.

    The pound slipped to a 1-week low of 1.4945 against the franc, compared to yesterday's close of 1.4963. On the downside, the pound is likely to find next target level at 1.49.
    More Forex News - at instaforex.com
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  3. #323

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    Pound At 1-week Low Against Franc


    The pound lost ground against the Swiss franc in Asian morning deals on Thursday.

    The pound slipped to a 1-week low of 1.4945 against the franc, compared to yesterday's close of 1.4963. On the downside, the pound is likely to find next target level at 1.49.
    More Forex News - at instaforex.com
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  4. #324

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    Euro Rises To 1-week High Against NZ Dollar


    The euro firmed against its New Zealand rival in Asian morning deals on Friday.

    The euro approached a 1-week high of 1.5539 against the kiwi with 1.56 resistance level. The pair ended Thursday's deals at 1.5515.

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  5. #325

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    UK House Prices Fall 3.3% In December - Rightmove


    The average asking price for a home in the United Kingdom was down 3.3 percent in December compared to the previous month, property tracking site Rightmove said on Monday, standing at 228,989 pounds.

    That follows the 2.6 percent contraction in November.

    On a yearly basis, prices were up 1.4 percent after rising 2.0 percent in the previous month.

    Rightmove predicts that home prices will rise 2 percent in 2013 - although that is not expected to keep pace with inflation.

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  6. #326

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    Yen Declines On Risk Appetite


    The Japanese yen slipped against other major currencies in early Asian deals on Tuesday as traders reduced holdings of safe-haven assets on signs of progress over fiscal cliff talks.

    President Barack Obama and House Speaker John Boehner discussed about "fiscal cliff" in their meeting on Monday. Boehner is now open to a tax increase on the country's highest earners, which is a key provision called for by Obama, as he negotiates with lawmakers over a budget fix that would avoid the fiscal cliff set to take effect early next year.

    The yen is trading at 83.99 against the U.S. dollar and 110.69 against the euro and the next downside target level for the yen is seen at 84.5 and 112.00, respectively. The yen closed Monday's deals at 83.89 against the greenback and 110.44 against the euro.

    Against the pound, the yen lost 0.16 percent and hit 136.17 with 137.00 seen as the next support level. The pound-yen pair closed yesterday's deals at 135.95.

    The yen is worth 91.61 against the franc, down 0.17 percent from yesterday's close of 91.45. On the downside, 92.00 is seen as the next target level for the yen.

    Against the Canadian and Australian dollars, the yen is quoted 85.43 and 88.69, compared to yesterday's closing value of 85.30 and 88.54, respectively. If the yen slides further, it may break 86.00 against the loonie and 89.5 against the aussie.

    Members of the Reserve Bank of Australia's monetary policy board felt that global economic news over the past month had become more positive, minutes from the central bank's December 4 meeting revealed on today.

    China's growth had stabilized, the minutes said, while the U.S. economy continued to grow at a moderate pace - although the fiscal cliff remains a concern, as do the challenges presented by Europe.

    The yen declined to as low as 70.99 against the kiwi and the yen may seek next support level at 72.5. At Monday's close, the pair was worth 70.90.

    Looking ahead, U.K. CPI and PPI for November, DCLG house price index for October are due in the European session.

    From the U.S., current account data for the third quarter and NAHB housing market index for December are expected in the New York session.

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  7. #327

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    NZ Dollar Slides Against Most Majors


    The New Zealand dollar lost ground against most major opponents in early Asian deals on Wednesday.

    The kiwi hit a 2-week low of 1.5784 against the euro and a 1-week low of 1.2543 against the aussie, compared to yesterday's close of 1.5727 and 1.2525, respectively.

    Against the greenback, the kiwi declined to an 8-day low of 0.8384 with 0.835 seen as the next downside target level.

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  8. #328

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    Australian Dollar Declines Against Canadian And U.S. Dollars


    During early Asian deals on Thursday, the Australian dollar slipped against the Canadian and U.S. dollars.

    The aussie slipped to a 9-day low of 1.0467 against the greenback, compared to yesterday's close of 1.0483.

    Against the loonie, the aussie weakened to 1.0356 with 1.03 seen as the next downside target level.

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  9. #329

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    UK December Consumer Confidence Declines - GfK


    A gauge of consumer confidence in the UK showed confidence deteriorated in December.

    The survey from research group GfK showed its confidence index fell to a reading of minus-29 from the November reading of minus-22.

    Most economists had expected the index for fall to minus-25.

    The November reading had represented an 18-month high.

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  10. #330

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    South Korea Consumer Confidence Unchanged In December


    Confidence among South Korean consumers remained unchanged in December, a report from Bank of Korea showed Wednesday.

    The consumer confidence index for December stood at 99, unchanged from November. A reading below 100 signifies pessimists outnumbered optimists.

    The indicator for consumer sentiment on current living standards was two points lower than in the previous month, at 85, and that concerning their outlook one point lower at 93.

    Consumer sentiment regarding current domestic economic conditions fell by one point to 66, while that on their future outlook rose by five points to 85.

    Sentiment concerning the outlook for price movements fell by one point to 134, and that for expected inflation dropped 0.1 percentage point to 3.2 percent.

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