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Thread: Forex news from InstaForex

  1. #381

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    Japan Corporate Goods Prices Rise 0.2% In February


    An index measuring prices for domestic corporate goods added 0.4 percent on month in February, the Bank of Japan said on Tuesday, coming in at 101.0.

    That beat forecasts for an increase of 0.3 percent following the downwardly revised 0.2 percent gain in January (originally 0.4 percent).

    On a yearly basis, prices eased 0.1 percent - matching forecasts following the downwardly revised 0.3 percent contraction in the previous month (originally -0.2 percent).

    Export prices were up 0.4 percent on month and down 0.8 percent on year, while import prices added 0.6 percent on month and dipped 0.8 percent on year.

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  2. #382

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    Malaysian Ringgit Spikes Up To 1-week High Against U.S. Dollar


    The Malaysian currency gained ground against the U.S. dollar during early Asian deals on Wednesday.

    The ringgit strengthened to a 1-week high of 3.1018 against the greenback, gaining 0.26 percent from Tuesday's close of 3.11. The ringgit is poised to break next upside target level at 3.09.

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  3. #383

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    Australia February Unemployment Rate Steady At 5.4%


    Australia saw a seasonally adjusted unemployment rate of 5.4 percent in February, the Australian Bureau of Statistics said on Thursday.

    That was unchanged from the previous month, and it also beat forecasts for 5.5 percent. The Australian economy created 71,500 jobs in February - well ahead of forecasts for an increase of 10,000 jobs after 10,400 jobs were added in the previous month.

    The participation rate was 65.3 percent, also beating expectations for 65.0 percent - which would have been unchanged from the January reading.

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  4. #384

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    Yen Off Fresh 3-week Low Against Pound


    The Japanese yen that fell against the currencies of the U.K. and Switzerland at the beginning of Friday's Asian session erased some of its losses shortly.

    The yen snapped back above the 145.0 level versus the pound, rising as high as 144.85 from a fresh a 3-week low of 145.18.

    The pair closed Thursday's North American deals at 144.98. The yen also erased losses to reach as high as 101.40 from a 3-day low of 101.64 hit earlier.

    The franc-yen pair was worth 101.49 at Thursday's North American close.

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  5. #385

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    Euro At Near 3-week Low Against Franc


    The European currency lost ground against the Swiss franc in Asian morning deals on Monday. The euro fell to 1.2173 against the franc, its lowest since February 27.

    On the downside, the euro-franc pair may break 1.21 level. The pair finished last week's deals at 1.2275.

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  6. #386

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    Krw Bounces, Breaking 8-Day Losing Streak


    The South Korean won rebounded against the dollar on Tuesday morning, and was poised to snap an eight-day losing streak, its longest run of losses since early 2009.

    The local currency was quoted at 1,108.9 against the dollar at 0025 GMT, up half a percent compared to Monday's close at 1,114.6.

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  7. #387

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    NZ Dollar Trades Lower Against U.S. Dollar, Yen


    The New Zealand dollar traded lower against the U.S. and Japanese currencies in early Asian deals on Wednesday.

    The kiwi reached a 2-day low of 0.8227 against the greenback from Tuesday's close of 0.8249. On the downside, the kiwi-greenback pair may break 0.82 level.

    The NZ currency dropped to 78.10 against the yen at 9:10 pm ET. If the kiwi extends decline, it may break 77.5 level.

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  8. #388

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    Japan Has Y777.5 Billion Trade Deficit In February


    Japan saw a merchandise trade deficit of 777.5 billion yen in February, the Ministry of Finance said on Thursday.

    That beat forecasts for a shortfall of 855.9 billion yen following the downwardly revised deficit of 1,630.9 billion yen in January (originally 1,629.0 billion yen).

    Exports dipped 2.9 percent on year, missing forecasts for a 1.7 percent contraction following the 6.4 percent gain in the previous month. Imports jumped an annual 11.9 percent versus expectations for a rise of 15.0 percent after rising 7.3 percent a month earlier.

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  9. #389

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    Boj Offers to Buy 400 Bln Yen Cp Outright from 3/27 Via Asset Purchase Program


    BOJ offers to buy 400 bln yen CP outright from 3/27 via asset purchase program.

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  10. #390

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    Euro steady in Early Asia, All Eyes on Cyprus


    The euro was at $1.2974 Immediate support is seen around $1.2844, last week's low, and a break there would open up the way to $1.2661

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