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  1. Sean Hyman's Avatar

    News in 60 Seconds: Gold reclaims the $1,200 level!

    by
    Sean Hyman
    , 05-26-2010 at 09:41 AM (News in 60 Seconds)
    Biggest % gainers: AUD/JPY up 0.58%, AUD/USD, AUD/CAD, AUD/NZD on mild AUD strength.

    Biggest % losers: EUR/AUD down 1.09%, GBP/AUD, EUR/NZD, EUR/CHF, EUR/CAD, EUR/USD on mild EUR weakness.

    Gold $1,211
    Oil $70.29 (still well below its uptrend line break around the $75-$76 level)

    U.S. National Debt tops $13 trillion (or about $117,975 per taxpayer)

    Last night Bernanke just spoke about the continued need for central bank independence.

    USD Core Durable Goods Orders m/m worse at -1.0% vs. 0.5% expected. Last time was revised much higher to 4.8% from 2.8% formerly.

    USD Durable Goods Orders m/m better at 2.9% vs. 1.4% expected. Last time was revised ...
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  2. Sean Hyman's Avatar

    News in 60 Seconds: Commodity Currency Strength Prevails!

    by
    Sean Hyman
    , 09-16-2009 at 09:05 AM (News in 60 Seconds)
    Theme of the day so far: Commodity dollar strength vs. the dollar, especially New Zealand dollar strength.

    NZD/USD, AUD/USD, NZD/JPY biggest % gainers on the day so far today. EUR/NZD biggest % loser on the day/

    Asia & Europe were both up overnight.

    Warren Buffett stated that he's buying equities now. Bernanke stated that the recession is likely over. Markets around the world loved these comments. Buffett went on to say that we've hit a plateau at bottom and we won't dip again. Rise in commodities taking down the dollar.

    Gold $1,018
    Oil $70.51

    Japan's next finance chief doesn't support a weaker yen: http://www.bloomberg.com/apps/news?p...d=aSTY7FEJDkfA ...
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