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  1. News in 60 Seconds: Moody's cuts Portugal's Credit Rating!

    by , 07-13-2010 at 09:59 AM (News in 60 Seconds)
    Biggest % gainers: GBP/USD up 0.73%, GBP/AUD, GBP/JPY on GBP strength.

    Biggest % losers: USD/ZAR down0.71%, USD/CAD, EUR/GBP, EUR/CAD on GBP strength and some CAD strength. The South African rand is strong too, so the commodity currencies are strong at the moment.

    Moody's cuts Portugal's Credit Rating. http://www.dailyfx.com/forex/market_...l_Debt_to.html

    Gold $1,216 perking back up.
    Oil $76.56

    GBP CPI y/y inline at 3.2% but lower than 3.4% last time.

    EUR German ZEW Economic Sentiment worse at 10.7 vs. 16.8 expected and 18.8 last time.

    CAD Trade Balance worse at -0.5B vs. 0.0B expected and -0.3B ...
  2. News in 60 Seconds: USD/JPY hits fresh 2010 lows!

    by , 07-01-2010 at 09:55 AM (News in 60 Seconds)
    Biggest % gainers: EUR/AUD up 1.33%, EUR/TRY, EUR/USD up 1.25%, EUR/NZD up 1.17% on EUR strength.

    Biggest % losers: AUD/JPY down 0.93%, USD/CHF, USD/JPY, NZD/JPY, AUD/CAD, CAD/JPY on USD weakness & JPY strength.

    USD/JPY hits fresh 2010 lows (not 52 week low). The pair is at 87.74 right now.

    ADP was lower yesterday....Weekly Unemployment Claims were lower today...hmmmm, wonder what that says about NFP on Friday? Get ready for a bumpy economic road ahead!

    The European Central Bank announced that it lent banks 111.2 billion euros for six days in order to help them cope with the expiry of its landmark 12-month loans today.

    DailyFX - ECB Lends $136.5 Billion for Six ...
  3. News in 60 Seconds: EUR/CHF hits another "all time low"!

    by , 06-28-2010 at 09:48 AM (News in 60 Seconds)
    Biggest % gainers: AUD/NZD up 0.89%, CHF/JPY, EUR/NZD on some mild NZD weakness and CHF strength.

    Biggest % losers: EUR/CHF (hits new all time low) of 1.3369 down 1.16%, USD/CHF, NZD/USD, NZD/JPY on mild NZD weakness and CHF strength.

    Rumors floating around that the BP CEO may resign...unconfirmed so far.

    USD/JPY SSI is at 4.54! They're trying to pick a bottom in this downtrend! Don't catch the falling knife!

    On Sunday, NZD business confidence numbers came in worse than last time. That's what caused the NZD weakness. The number came in at 40.2 vs. 48.2 last time.

    Investors/traders are still running towards gold and Swiss francs as they fear that the stock markets ...
  4. News in 60 Seconds: FOMC Interest Rates come out at 2:15pm EST today!

    by , 06-23-2010 at 09:45 AM (News in 60 Seconds)
    Biggest % gainers: AUD/CAD up 1.16%, USD/CAD up 1.03%, NZD/USD up 1.02%, EUR/CAD on CAD weakness (on weak retail sales numbers) & NZD strength (on yesterday's better than expected Current Account numbers).

    Biggest % losers: CAD/JPY down 1.41%, EUR/NZD, AUD/NZD on CAD weakness and NZD strength.

    USD FOMC Interest Rate announcement at 2:15pm EST today. No change is expected but see what the FOMC's language is after the rate decision. That's what would be important.

    GBP MPC Meeting Minutes. Vote was 1-0-7. Expectation was for 0-0-9 like last time.

    Moody's says that the U.K. budget is supportive of its AAA rating.

    Bank of Canada's Carney says the global economy is still ...
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