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Thread: Forex news from InstaForex

  1. #481
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    Indian Rupee Declines Against U.S. Dollar


    The Indian rupee slipped against the U.S. dollar in early deals on Wednesday.
    The rupee declined to 61.3625 against the greenback, staying closer to a new record low of 61.81 hit on Tuesday. The pair ended yesterday's trading at 60.7905.

    News are provided by InstaForex.

  2. #482
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    Singapore Dollar Strengthens To 10-day High Against U.S. Dollar


    The Singapore dollar firmed against the U.S. dollar in the Asian session on Thursday.
    The Singapore dollar climbed to a 10-day high of 1.2629 against the greenback, compared to yesterday's closing quote of 1.2670. The Singapore dollar rises further, it may probably face resistance around the 1.26 level.

    News are provided by InstaForex.

  3. #483
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    Yen Little Changed Following Consumer Confidence Index


    Japan's consumer confidence index for July has released at 1:00 am ET Friday. The yen changed little against other major currencies after the data.
    The yen is now trading at 96.40 against the greenback, 149.87 against the pound, 104.88 against the franc and 129.06 against the euro.


    News are provided by InstaForex.

  4. #484
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    Singapore Dollar Off Near 2-month High Against U.S. Dollar


    The Singapore dollar that spiked up the U.S. dollar on better-than-expected second quarter GDP data in early Monday Asian deals retreated shortly thereafter.
    Singapore's gross domestic product spiked 15.5 percent in the second quarter of 2013 compared to the previous three months, the Ministry of Trade and Industry said in today's revised report.
    That was even higher that last month's advanced estimate that called for a 15.2 percent jump. It follows the downwardly revised 1.7 percent increase in the first quarter.
    On a yearly basis, GDP was up 3.8 percent - up slightly from 3.7 percent in the estimate, and sharply higher that the 0.2 percent gain in Q1.
    The Singapore dollar is now trading at 1.2621 against the greenback, off early high of 1.2559 in nearly 2 months. The pair finished last week's trading at 1.2574.

    News are provided by InstaForex.

  5. #485
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    Euro Steady Ahead Of German CPI And WPI Data


    German final consumer price inflation and wholesale price index for July are due at 2:00 am ET Tuesday. Ahead of these reports, the euro held steady against other major currencies.
    As of 1:55 am ET, the euro was worth 1.3311 against the greenback, 129.54 against the yen, 0.8609 against the pound and 1.2327 against the franc.

    News are provided by InstaForex.

  6. #486
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    Malaysian Ringgit Slides To 2-1/2-year Low Against U.S. Dollar


    The Malaysian Ringgit lost ground against the U.S. dollar in the Asian deals on Wednesday.
    The ringgit touched 3.2725 against the greenback, a level not seen since March 2011. If the ringgit extends slide, it may face support around the 3.30 area. At yesterday's close, the pair finished trading at 3.2585.

    News are provided by InstaForex.

  7. #487

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    Chart Focus: Dxy Readies for Channel Breakout


    Recent low at trendline support led to sharp rally
    2-day shallow pause seen at upper channel line - bullish
    Breakout to come - higher highs / higher lows to continue
    New high above July high at 84.75 to target long term trendline at 85.7

    News are provided by InstaForex.
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  8. #488

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    NZ Dollar Climbs To Fresh 2-month High Against Greenback


    The New Zealand dollar continued to creep higher against the US dollar on Friday morning in Asia, rising to 0.8114, its strongest level since June 14.
    The next likely resistance for the kiwi-greenback pair is seen around the 0.8135/40 area.

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  9. #489

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    Chart Focus: Usd/krw more Upside Seems Likely


    Tues saw shooting star candle but likely not meaningful
    Bulls likely to test key resistance at long term trendline at 1,132
    Only daily closes below 1,109 support shelf would change bullish view
    Holding above trendline would see quick move to retest June high

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  10. #490

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    Australian Dollar Jumps To More Than 2-week High Against NZ Dollar


    The Australian dollar lifted further against the NZ dollar in Asian deals on Thursday.
    The aussie approached 1.1480 against the kiwi for the first time since August 5. Further extension of bullish trend may see the aussie finding resistance around the 1.155 level. The pair was worth 1.1431 at yesterday's close.

    News are provided by InstaForex.
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    Learn more about InstaForex Company at http://instaforex.com

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