A busy week

A busy week

From Currencies Direct blog, 3 years ago Similar articles

Last week saw significant risk aversion played out as stock markets dropped dramatically where as this week looks a little firmer. Articles in the Italian media suggest that the International Monetary Fund (IMF) is preparing a ?600 billion deal for Italy in the event of deterioration in the debt crisis- this could provide market support in the early part of the week. Further support may also come from reports in Germany that German Chancellor Merkel and French President Sarkozy are putting...

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Gold ? Drops to Three Month Low Below $1160

Gold ? Drops to Three Month Low Below $1160

From Market Pulse FX, today, Similar articles

Gold – Friday 3 July 2015 Throughout the last couple of weeks gold has steadily declined and fallen from above the key $1200 level back to below $1160 and a three month low.  Earlier this week it surged higher to back above the key $1180 level before easing lower again.  In the few days prior gold had been easing back to below the key $1200 level after recently surging higher to a three week high above $1205. The $1200 level remains significant and is continuing to place selling...

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Australia 200 ? Trying to Stay Above 5500 Level

Australia 200 ? Trying to Stay Above 5500 Level

From Market Pulse FX, yesterday, Similar articles

Australia 200 – Friday 3 July 2015 In the last few days the ASX200 index has been able to find some much needed support around 5400 and rally strongly to back above 5600 before easing back a little.  In the few days prior there was a strong reversal and sharp fall as the ASX200 index had resumed its medium term down trend and reached a five month low below 5400 in the process. Leading up to the sharp fall the ASX200 index has slowly but surely crept higher and reached a two week high...

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AUD/USD ? Continues to Rely Upon Support Level at 0.76

AUD/USD ? Continues to Rely Upon Support Level at 0.76

From Market Pulse FX, yesterday, Similar articles

AUD/USD – Friday 3 July 2015 In the last 24 hours the AUD/USD has again tested the key support level at 0.76 and enjoyed some solid support.  In the last few days the Australia dollar is starting to feel some selling pressure from the 0.77 level as its eyes remain firmly focused on the long term support level at 0.76.  To close out last week the AUD/USD fell sharply lower below 0.77 however it found solid support from the long term support level at 0.76. This level has provided solid...

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Home: Mobilink Helps Karachi Battle the Heat

Home: Mobilink Helps Karachi Battle the Heat

From PakBlogging.com, yesterday, Similar articles

The past week has been a test for Karachiites and neighboring localities with an unparalleled heat-wave which has caused a breakdown in basic utilities i.e. water supply and electricity, and led to the deaths of over 1000 citizens. Hospitals around the city have been put on high alert, but the influx of bodies and heat stroke patients at these medical facilities have made it almost impossible for timely treatment to be dispatched.

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Australia 200 ? Desperately Trying to Hold Onto 5500 Level

Australia 200 ? Desperately Trying to Hold Onto 5500 Level

From Market Pulse FX, 2 days ago, Similar articles

Australia 200 – Thursday 2 July 2015 In the last few days the ASX200 index has been able to find some much needed support around 5400 and rally strongly to back above 5500.  In the few days prior there was a strong reversal and sharp fall as the ASX200 index had resumed its medium term down trend and reached a five month low below 5400 in the process.  Leading up to the sharp fall the ASX200 index has slowly but surely crept higher and reached a two week high above 5650 whilst...

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AUD/USD ? Eyes Still Firmly on Key Support Level at 0.76

AUD/USD ? Eyes Still Firmly on Key Support Level at 0.76

From Market Pulse FX, 2 days ago, Similar articles

AUD/USD – Thursday 2 July 2015 In the last few days the Australia dollar is starting to feel some selling pressure from the 0.77 level as its eyes remain firmly focused on the long term support level at 0.76.  To close out last week the AUD/USD fell sharply lower below 0.77 however it found solid support from the long term support level at 0.76. This level has provided solid support throughout most of this year and has now been called upon again in the last week again.  Throughout...

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Gold ? Pressure Mounts on Key Support

Gold ? Pressure Mounts on Key Support

From Market Pulse FX, 3 days ago, Similar articles

Gold may have got a boost at the start of the week from the Greek turmoil, benefiting greatly from its safe haven status, but it continues to look heavy from a technical standpoint. There remains a couple of key support levels in this being $1,170 and $1,162.79. The former has been a solid support for some time now and has only been significantly broken once and even then, it rebounded to end the day above. Once again the level is coming under significant pressure and if it is broken, we...

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Greece's Tsipras and Month End Demand to Keep Traders Guessing

Greece's Tsipras and Month End Demand to Keep Traders Guessing

From Market Pulse FX, 3 days ago, Similar articles

Asset prices still dominated by contagion and risk aversion Greek PM to tease markets until officially in arrears Month-end demand to play havoc with asset prices Yen the favorite in flight scenario For the remainder of this week, market moves are to be dominated by contagion and risk aversion, but most likely not to the same extent of the recent past. The EUR’s impressive rally after the fact yesterday (?1.0966 to ?1.1262), referred mostly to investor confidence on how European...

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Greece Still Weighs as Attention Shifts to Data

Greece Still Weighs as Attention Shifts to Data

From Market Pulse FX, 3 days ago, Similar articles

Financial markets are likely to settle down a little on Tuesday following widespread panic-driven selling at the start of the week in response to Greece's rejection of its creditors bailout proposal, referendum announcement and banking system closure. The latter in particular could really harm the economy depending on how long it stays in place. Few would argue that the European Central Bank had little choice but to freeze its emergency liquidity assistance (ELA) to Greek banks, as the...

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AUD/USD ? Support Level at 0.76 Stands Tall

AUD/USD ? Support Level at 0.76 Stands Tall

From Market Pulse FX, 4 days ago, Similar articles

AUD/USD – Tuesday 30 June 2015 To close out last week the AUD/USD fell sharply lower below 0.77 however it found solid support from the long term support level at 0.76. This level has provided solid support throughout most of this year and has now been called upon again in the last day.  In recent hours it has used the support from 0.76 and surged back to 0.77 again.  Throughout last week the AUD/USD eased lower and was enjoying support from the key 0.77 level before giving way. A...

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EXCHANGE RATES

1 GBP = 1.221 EUR
1.599 USD - U.S. Dollar
12.406 HKD - Hong Kong Dollar
1.581 CAD - Canadian Dollar
12.53 ZAR - South African Rand
2 SGD - Singapore Dollar
1.469 CHF - Swiss Franc
1.542 AUD - Australian Dollar
1.577 CAD - Canadian Dollar
12.521 ZAR - South African Rand

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