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Thursday, February 18, 2010

Hungarian Forint Falls on Upcoming Budget Crisis


The growing problems of budget deficits are not an exclusivity among EU countries using the Euro, as several of its eastern nations, as in the case of Hungary, have a budget deficit much above the maximum tolerated by the European Central Bank, affecting the nation’s currency performance.



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Australian Dollar Extend Gains on Interest Rates Outlook


The Aussie profited today from a risk driven scenario in global markets and extended yesterday’s gains after central bankers in the nation said that interest rates may be hiked further this year if the economy continues to recover.




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Mexican Peso Climbs on Prospective Foreign Investors

The Mexican peso had another day of advance as commodities rose globally and speculations that foreign investors will purchase the nation’s bonds helped the Latin American currency to extend its rally for another day in

foreign-exchange markets.



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Dollar Revives Rally on Domestic Data

The dollar gained today versus most of the 16 main traded currencies paring yesterday’s losses as demand for assets in the U.S. rose after several better than expected figures came out in reports published in the U.S., evidencing that the economic recovery in the country is accelerating.



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Chilean Peso Down on U.S. Economic Improvement


The Chilean peso suffered with the side effects of positive reports in North America that attracted traders to purchase assets in the U.S., leaving emerging markets in a second plan for traders to invest their money, despite a considerable level of risk appetite in today’s session.



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Forex Day Trading.News




With the increasing popularity of working from home, forex trading day for many people has become one of the best earnings. You claim that they teach you how to paper a week to thousands and thousands of dollars in ads can get many currency trading courses or seminars.

So, why so many people trade forex daily claimed that it is not successful, stop? Here is the key




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Central Banks Tiptoe on Rates



SYDNEY (Reuters) - Australia's central bank intends to raise rates gradually this year to contain inflation while keeping a wary eye on both sovereign risk abroad and the efforts of China to cool its economy




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