Should You Be Buying Dollars Here?

Should You Be Buying Dollars Here? ECB Sends EURO On Rollercoaster Ride USD/CAD Melts Down On BoC and Oil NZD: Prices Fall 3% at Latest Dairy Auction AUD Shakes Off Disappointing Chinese Data, Employment Next Sterling Lifted by Dollar Weakness Another round of weaker U.S. economic reports drove the dollar sharply lower against all of the major currencies Wednesday. In the past 48 hours, the sentiment in the market has changed significantly...

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Indonesian court to decide on Bali Nine execution appeal on April 6

An Indonesian court hearing the appeals of two Australian death row convicts will announce a verdict on April 6, one of the judges determining the case said on Wednesday. Myuran Sukumaran and Andrew Chan are among a group of 10 prisoners, mostly foreigners, facing imminent execution for drug offenses after President Joko Widodo rejected their pleas for clemency. "Both sides have been given ample opportunity to present evidence and testimony,"...

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Crude oil prices eased in early Asia

Crude oil prices eased in early Asia on Tuesday with investors focused on U.S. industry supply data later in the day as well as the progress of talks between Western powers and Iran over its nuclear program. The American Petroleum Institute will release estimates of crude, gasoline and distillate stocks last week later Tuesday, which come ahead of more closely-watched data on the same from the Department of energy on Wednesday. On the New...

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Now Firing In The Eurozone

The ECB lowered its deposit rate for banks below zero last year to -0.1% on June 5 and to -0.2% on September 4. The result has been that banks seem to be starting to lend again. This past Friday, we learned that over the past three months through February, Eurozone loans rose €659.2 billion at an annual rate. Lending to households rose €112 billion at an annual rate, while lending to nonfinancial corporations rose €162 billion. Country data are available...

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Ready to invest $1 billion in Ukraine if West helps by Soros says

(Princes) - Billionaire financier George Soros is ready to invest $1 billion in Ukraine, if Western countries help private investment there. He also put the odds of Greece leaving the euro at a third, in an interview with Austrian newspaper Der Standard. Soros has previously urged the West to step up aid to Ukraine, outlining steps towards a $50 billion financing package that he said should be viewed as a bulwark against an increasingly aggressive...

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Will EUR/USD Hit 1.12 or 1.06?

EUR/USD (Last Price: 1.0919) BUY, Entry = 1.0919, SL = 1.0876, TP = 1.1006 if wrong then SELL, Entry = 1.0876, SL = 1.0966, TP = 1.0806 GBP/USD (Last Price: 1.4928) SELL, Entry = 1.4930, SL = 1.4970, TP = 1.4890 if wrong then BUY, Entry = 1.4970, SL = 1.4930, TP = 1.5010 USD/JPY no comment USD/CHF (Last Price: 0.9678) SELL, Entry = 0.9646, SL = 0.9686, TP = 0.9606 if wrong then BUY, Entry = 0.9686, SL = 0.9646, TP = 0.9726 AUD/USD (Last Price:...

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USD Bulls Must Be Patient

Economic indicators out of the U.S over the past few months have surprised to the downside on a number of occasions bringing into question Q1 growth prospects. As highlighted below we can see there have been 4 months of below expectation expansion on the ISM Manufacturing PMI release. Although we’re yet to see a reading below 50.0 that indicates contraction, we are trending lower and in that direction. This is a genuine reason for concern. In...

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Capital Markets In The Week Ahead

The events of the past week will continue to reverberate in the capital markets in the week ahead. The key development was the market’s ultra-dovish read of the Federal Reserve. Although the dollar recouped the lion’s share of the knee-jerk losses, the debt markets have not returned to status quo ante. Many, if not most, market participants fail to appreciate our heuristic insight into the Federal Reserve: Policy emanates from the leadership...

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Iran rejects 'bullying' as West stresses unity in nuclear talks

LONDON (My.Princes) - Iran's top leader voiced mistrust on Saturday of U.S. efforts to reach a nuclear deal, even as Washington and its allies spoke of real progress and urged Tehran to take "difficult decisions". With just 10 days remaining until an end-of-March deadline for a framework agreement, Iran's Supreme Leader Ayatollah Ali Khamenei denounced U.S. "bullying" in the negotiations and repeated Tehran's denial that it was seeking to develop...

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Obama says it is now 'hard to find a path'

WASHINGTON (My.Princes) - In a fresh rebuke to Benjamin Netanyahu, President Barack Obama said the Israeli leader's pre-election disavowal of a two-state solution to the Israeli-Palestinian conflict makes it "hard to find a path" toward serious negotiations to resolve the issue. In an interview with the Huffington Post, Obama also scolded Netanyahu over his remarks about Arab Israelis voting, making clear that the deep rift in relations between...

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The Fed dropped a reference to being "patient"

Euro (Princes)-- The dollar pushed broadly lower against a basket of other major currencies on Friday, as risk sentiment improved amid fresh hopes for progress on the Greek debt front, while the Federal Reserve's latest policy statement continued to weigh on the greenback. The dollar remained fragile after the Fed indicated on Wednesday that U.S. economic growth has moderated and that interest rates will rise at a slower pace than previously...

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EU tells Greece time, patience running out

BRUSSELS/BERLIN (Princes) - Euro zone leaders told Greece on Thursday its leftist-led government must implement agreed reforms to avert a looming cash crunch that could force it out of the single currency. Greece has been kept from bankruptcy by two international bailouts but now risks running out of money within weeks if it does not receive more funds. Greek banks reported the largest deposit withdrawals in a month, a sign savers are worried...

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Wall Street climbs on Nike

(Princes)-- U.S. stocks rose on Friday, lifted by results from Nike and another climb in biotechs, as investors assessed the impact of a stronger dollar on corporate earnings. Dow component Nike (N:NKE) jumped 3.7 percent to $101.95 after it posted a quarterly profit that beat market estimates. The world's largest sportswear maker sold more higher margin shoes and apparel, but warned that the stronger dollar would take a toll on its current...

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Indonesian women was Beautiful Outside In

Miss World 2014 Rolene Strauss will enliven the evening peak of Miss Indonesia 2015 in Hall D2, JI-Expo Kemayoran, Jakarta, Monday night, February 16th, 2015 at 20:30 pm. Women from South Africa it was very keen to visit Indonesia. As Miss World, Rolene Strauss must have criteria for Miss Indonesia 2015 SINDOnews specifically interviewed Miss World 2014 Rolene Strauss in Lamoda Cafe, Plaza Indonesia, Jakarta. What is the first visit of Miss...

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Maria Harfanti So Pedestal Indonesia in Miss World

Chairwoman of the Miss Indonesia Organization, Liliana Tanoesoedibjo congratulate him on the election of Maria Harfanti as Miss Indonesia 2015, replacing Mary Rahajeng. According to him, Maria Harfanti is a formidable figure and have the talent so right won the crown of Miss Indonesia 2015. "We are grateful tonight to get Miss Indonesia 2015, Maria was a formidable figure, and he is the figure has a great talent from the show, he has a good...

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Ways to Show Some Love to Your Community

Valentine's Day is just around the corner! While it's normally thought of as the holiday for couples, and the chocolate, floral, and greeting card industries, it's also the perfect time to “show some love” to your community of customers and clients. But why stop at Valentine's Day when you can show your appreciation and support of your community year-round with the following simple strategies. Do business with them as their customer. One...

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Lebanese Porn Star Stirs Debate Back Home

A Lebanese-born porn star living in the US has stirred fierce debate back home after her rise to fame split social media users in liberal-yet-conservative Lebanon. Mia Khalifa, 21, who was born in Lebanon but lives in Miami, last week became the most searched star on adult video site Porn Hub, with more than 1.5 million views, prompting a mix of scorn and praise from Lebanese commenters. “You are unworthy. You are only a sex object,”...

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News Live Air Asia Flight QZ8501 Day's 8

Singapore___  Search and recovery for AirAsia flight QZ8501 continues today (Jan 3). Inclement weather has so far posed challenges to recovery efforts. The flight carrying 162 people from the Indonesian city of Surabaya to Singapore lost contact with air traffic control on Dec 28. The plane was due to arrive in Singapore at 8.30am. Stay tuned for live updates.  For earlier posts on the search for QZ8501, Refresh...

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