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DailyForex was established out of a strong need for a Forex website that provides all the necessary information to become a successful Forex trader. DailyForex.com provides in-depth reviews of current Forex brokers, signal providers, online and offline Forex courses, as well as Forex products. We ...more
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Gold Turns Higher After Fed Minutes
Friday, October 10, 2014 3:37 AM EDT
It appears that Federal Reserve officials are still in no hurry to start tightening and the gold bulls are taking advantage of the situation.
In this article: GLD
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World Bank Predicts Slow Growth For China
Thursday, October 9, 2014 7:42 AM EDT
The World Bank has revised its growth forecast for the world’s second largest economy, China, downwards.
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Gold Adds To Gains As Equities Dip
Thursday, October 9, 2014 3:59 AM EDT
Gold prices rose for a second-straight session on Tuesday as increasing demand for protection against volatility in the global equities drove up buying of safe-haven assets.
In this article: GLD
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US Posts Best Unemployment Figure
Wednesday, October 8, 2014 3:31 AM EDT
The most recent figures released by the US Department of Labor show that the percentage of Americans unemployed and claiming benefits is at its lowest level for six years.
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EUR/USD Forex Signal
Tuesday, October 7, 2014 7:31 AM EDT
Yesterday’s signals expired without being triggered. The price did reach 1.2588 but did not produce any bearish price action when it arrived there.
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Asia Equities Down Before BOJ, RBA
Tuesday, October 7, 2014 4:38 AM EDT
Asian stocks were mostly lower on Tuesday as investors awaited central bank decisions in Japan and Australia.
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ECB To Commence Asset Purchases
Monday, October 6, 2014 11:23 AM EDT
The president of the European Central Bank (ECB), Mario Draghi, has announced that the bank will commence a programme of asset purchases later this month.
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Forex Week In Review
Monday, October 6, 2014 8:15 AM EDT
In Europe over the course of the week, the FTSE was down by 1.8%, it closed at 6527.9; the Dax ended at 9195.7, down by 3.1% on last week’s close; the CAC was down by 2.6% to end the session at 4281.7.
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Hong Kong Bulls Up; Shares Pared Down
Monday, October 6, 2014 4:38 AM EDT
Unfazed by the city’s biggest political unrest since the 1960s, investors in exchange-traded funds tracking Hong Kong-listed stocks added more money even as the stock market posted its largest drop in seven months.
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Asia Stocks Drop For Sixth Day
Friday, October 3, 2014 7:45 AM EDT
The MSCI Asia Pacific Index (MXAP) declined 0.1 percent to 138.35 as of 9:00 a.m. in Tokyo, before markets open in Hong Kong. The gauge is down 2.6 percent this week, on course for the biggest weekly drop in six months.
In this article: SPX
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France Needs More Time To Get Deficit Under Control
Thursday, October 2, 2014 10:42 AM EDT
According to France’s original blueprint, drawn up during the administration of President Sarkozy, the nation was to have its deficit back under control by the end of next year.
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WTI Crude Oil Fails To Rally
Thursday, October 2, 2014 7:39 AM EDT
The WTI Crude Oil market initially rallied during the session on Wednesday, testing the $93.00 level. However, we found the marketplace to be a bit resistive, and as a result the market fell back down in order to form a shooting star.
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Asia Down On Ebola Scare; Wall St Dips
Thursday, October 2, 2014 3:13 AM EDT
Asian stocks fell on Thursday, dragged lower after the first case of Ebola diagnosed in the United States spooked Wall Street overnight, while a bout of risk aversion pushed down yields and put the dollar's recent rally on pause.
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Labor Data Eyed For Dollar Direction
Wednesday, October 1, 2014 5:00 PM EDT
The U.S. Dollar finally edged over the 110 Yen threshold, the first time since 2008, and the greenback also remained close to a 2-year high versus the common currency Euro.
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Gold Hits Lowest Level This Year
Wednesday, October 1, 2014 2:07 PM EDT
Gold weakened against the American dollar for a third straight session as weakening demand continued to lure investors away from the market.
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Japan Posts Weak Factory Output Data
Wednesday, October 1, 2014 12:05 PM EDT
Data for August from Japan shows that manufacturing output bucked analysts’ expectation and fell by 1.5%.
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