FOREX: Euro Under Pressure, Aussie and Kiwi Rise as 2011 Winds Down
The Euro came under pressure amid debt crisis fears while the Aussie and Kiwi Dollars rose with Asian stocks heading into the final trading hours of the year.
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US Dollar Should Be Across the Board Outperformer in 2012
With the Eurozone debt crisis still far from resolved and evidence of additional slowing in the Chinese economy, we see the US economy and US Dollar as the safest place to be in the year aheadhellip;
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Guest Commentary: Spain#146;s Muted Christmas Shopping
The downturn in the Spanish economy is evident in rising unemployment, that reached 22.8%. Some thought that the euro-zonersquo;s fourth largest economy will enjoy some mercy during the festive Christmas shopping season. br/
USD Index Poised For Higher High, Deflation Dampens Outlook For Yen
The greenback is struggling to hold its ground during North American trade, with the Dow Jones-FXCM U.S. Dollar index falling back from a fresh weekly high of 10,062, and the reserve currency may continue to consolidate over the remainder of the week as market participation thins ahead of the New Year.
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Guest Commentary: Gold Silver Daily Outlook 12.29.2011
Gold and silver sharply declined yesterday along with the rest of market including oil, Euro, and major stock market indexes.
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