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Thread: Forex news from InstaForex

  1. #401

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    Japan Bank Lending Rises 1.9% In March


    Overall bank lending in Japan was up 1.9 percent on year in March, the Bank of Japan said on Wednesday, standing at 404.786 trillion yen.

    That matched forecasts following the revised 1.8 percent increase in February - which was originally called higher by 1.9 percent. Including trusts, bank lending added 1.6 percent - also in line with expectations following the 1.5 percent gain in the previous month.

    Loans from foreign banks declined an annual 7.6 percent to 2.030 trillion yen after falling 6.7 percent a month earlier.

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  2. #402

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    RBA Minutes On Tap For Tuesday


    The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on April 2, highlighting a light day for Asia-Pacific economic activity.

    At the meeting, the RBA kept rates on hold at 3.00 percent.

    Also, Australia will see March figures for new motor vehicle sales; in February, sales were flat on month and up 9.4 percent on year.

    Japan will see March figures for condominium sales; in February, sales were down an annual 10.9 percent.

    Finally, the Stock Exchange of Thailand remains closed on Tuesday for the Songkran Festival; it will re-open on Wednesday.

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  3. #403

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    Yen Declines Against Majors


    The Japanese yen slipped against its major counterparts in early Asian deals on Wednesday.

    The yen dropped to a 2-day low of 98.20 against the greenback, 5-day lows of 150.85 against the pound, 129.45 against the euro and 106.46 versus the franc.

    The Japanese currency reached as low as 101.83 against the aussie, 83.30 against the kiwi and 96.05 against the loonie.

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  4. #404

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    Aussie Little Changed Amid NAB Business Confidence Index


    Amid the release of Australia's NAB business confidence index for the first quarter in early Asian deals on Thursday at 9:30 pm ET, the aussie changed little against other major currencies.

    The aussie is now trading at 1.0287 against the greenback, 1.2200 against the kiwi, 100.61 against the yen and 1.2672 against the euro.

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  5. #405

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    Australian Dollar Drops To 11-day Low Against Canadian Dollar


    Extending its 2-day losing streak, the Australian dollar dropped below the 1.0550 level against its Canadian counterpart on Friday morning in Asia.

    The aussie reached an 11-day low of 1.0546 against the loonie, down almost 0.3 percent from Thursday's close of 1.0572.

    Immediate support is visible around the 1.0535 level, its April 4th low and a move below this mark could set nearly a 6-week low for the pair.

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  6. #406

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    Australian Dollar Slides To 6-week Low Against U.S. Dollar


    The Australian dollar dropped against the U.S. dollar in early Asian deals on Monday.

    The aussie that closed last week's deals at 1.0274 versus the U.S. currency declined to 1.0265, its lowest since March 11. The next downside target level for the aussie-greenback pair is seen around 1.02.

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  7. #407

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    Euro Slides To 4-day Low Against Pound


    The European currency traded lower against the British pound in early Asian deals on Tuesday.

    The euro that closed Monday's deals trading at 0.8543 against the pound slipped to a 4-day low of 0.8535. If the euro extends slide, it may break 0.845 level.

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  8. #408

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    Aussie Declines Amid CPI


    Australia's consumer price inflation for the first quarter was released in early Asian deals on Wednesday at 9:30 pm ET. After the data, the aussie slipped against its major counterparts. The aussie is now trading at 1.0237 against the greenback, 1.2694 against the euro, 101.95 against the yen and 1.2144 against the NZ dollar.

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  9. #409

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    NZ Dollar Climbs Against Majors


    The NZ dollar spiked up against its key counterparts in early Asian deals on Thursday.

    The kiwi strengthened to more than a 2-week high of 0.8521 against the greenback and a 2-1/2-year high of 1.2102 against the aussie.

    The kiwi is likely to find resistance around 0.86 against the greenback and 1.20 against the aussie. The kiwi that closed yesterday's deals at 84.37 against the yen approached 84.71, its strongest since April 12. Against the euro, the kiwi rose to 1.5321 at 9:55 pm ET.

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  10. #410

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    Yen Advances Against U.S. Dollar


    The Japanese yen climbed against the U.S. dollar in early Asian deals on Friday.

    The yen is now trading at 99.02 against the greenback, compared to Thursday's close of 99.33. The next upside target level for the yen is seen around 98.00.

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