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Biggest Banks $70 Billion Short in Fed Push to Prevent Bailout Market News 

Biggest Banks $70 Billion Short in Fed Push to Prevent Bailout

Biggest Banks $70 Billion Short in Fed Push to Prevent Bailout Buz Investors Biggest Banks  Wall Street banks are about $70 billion short in building up funds the Federal Reserve says they’ll need to tap following a collapse, down by almost half from the central bank’s earlier estimates. The eight biggest US financial firms are required to build cushions of long-term debt that can be transformed into equity in a new company if the old one fails, according to a rule the Fed governors are expected to approve Thursday. Stockpiles of…

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Speculators Net Short Yen in the Futures Market for the First Time in a Year Forex News 

Speculators Net Short Yen in the Futures Market for the First Time in a Year

Speculators Net Short Yen in the Futures Market for the First Time in a Year Buz Investors Speculators Net Short Yen The US dollar rose more than 8.5% against the yen in November, and finally at the end of the month, speculators finally switched to a new short position for the first time this year. In the CFTC reporting week ending November 28, speculators added 12.1k contracts to their gross short position, lifting it to 72.4k contracts. Speculators added a little less than one thousand contracts to the gross longs,…

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Crude oil prices fall Energy 

Crude oil prices fall as OPEC deal-making falls short

Crude oil prices fall as OPEC deal-making falls short Oil Buz Investors Crude oil prices fall The commodity is trading at $48.56 per barrel at 09:40 GMT this morning, 0.21% lower from the New York close. Crude oil witnessed a high of $48.74 per barrel and a low of $48.26 per barrel during the session. The commodity declined in the New York session on Friday, closing 1.32% lower at $48.66 per barrel, as investors got skeptical about OPEC’s ability to strike a proposed deal to curb output. Separately, Baker Hughes…

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Gold slips ahead of Fed Forex News 

Gold Price Trends Downwards in Short Term

Gold Price Trends Downwards in Short Term Gold Buz Investors Gold Price Trends Downwards  Gold is trading at $1254.30 per ounce at 09:40 GMT this morning, 0.21% higher from the New York close. This morning, the precious metal traded at a high of $1257.00 per ounce and a low of $1251.10 per ounce. On Friday, gold traded 0.06% lower in the New York session and closed at $1251.70 per ounce, as a rally in global equity markets dented demand for the precious yellow metal. Immediate downside, the first support level is…

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AUDUSD gains bolstered by USD softness Forex News 

AUDUSD Short Trade Setup Stop Loss

AUDUSD Short Trade Setup Stop Loss AUD-USD Buz Investors AUDUSD Short Trade Setup The pair is trading at 0.7548 at 09:40 GMT this morning, with the Australian Dollar trading 0.75% lower against US Dollar from the New York close. Earlier in the session, data showed that, Australia’s NAB business confidence index remained steady in September. This morning, the pair traded at a high of 0.7610 and a low of 0.7537. The Australian Dollar traded a tad higher against the US Dollar in the New York session yesterday, with the pair closing…

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Gold prices post largest gain in two weeks Commdities 

Gold price fight back cut short

Gold price fight back cut short Gold Buz Investors take note Gold price fight The precious metal is trading at $1267.80 per ounce at 09:40 GMT this morning, 0.2% lower from the New York close. This morning, the precious metal traded at a high of $1271.60 per ounce and a low of $1265.10 per ounce. Yesterday, gold traded 0.35% lower in the New York session and closed at $1270.30 per ounce, after upbeat US non-manufacturing data stoked expectations that the Fed will hike interest rates by the end of this…

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AUDUSD gains bolstered by USD softness Forex News 

AUDUSD Short Term Levels Ahead of China’s CPI Data

AUDUSD Short Term Levels Ahead of China’s CPI Data AUDUSD Short Term Levels surged higher last week after the RBA cut rates to 1.5%, as the market appeared to have interpreted the central bank’s statement as not indicative of further rate cuts at the moment. In this context, the Australian Dollar may still find support as a 1.5% rate is still attractive in the current record low yield environment. In their policy statement, the RBA said that actions by Chinese policymakers are supporting the near-term growth outlook, but the underlying…

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USDJPY short term Outlook and tiers to recognize ahead US NFPs Forex News 

USDJPY short term Outlook and tiers to recognize ahead US NFPs

USDJPY short term Outlook and tiers to recognize ahead US NFPs USDJPY short term The USDJPY is trading sideways across the a hundred and one handle in the remaining couple of buying and selling days after sinking decrease following perceived disappointments from the BOJ monetary policy assertion and the japanese new fiscal stimulus plans. This brief term sideways congestion places the point of interest firmly on america NPFs later these days for a probable range destroy catalyst america Non-farm Payrolls take middle stage today. The headline parent is anticipated to reveal…

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AUDUSD Short Term Levels Ahead of The RBA Rate Decision Forex News 

AUDUSD Short Term Levels Ahead of The RBA Rate Decision

AUDUSD Short Term Levels Ahead of The RBA Rate Decision The US ISM Manufacturing July figures are the first major event risk on the docket this week, set to hit the wires 14:00 GMT. The diffusion index is expected to slightly down tick for a 53.0 print from the prior 53.2 figure. The ISM numbers tend to have market moving impact, which could be amplified this time around as the market digests the huge miss to US 2Q GDP estimates this Friday. Immediate impact of the GDP figures were reduced…

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GBPUSD Short Term Range in Danger Ahead of UK 2Q GDP, FOMC Forex News 

GBPUSD Short Term Range in Danger Ahead of UK 2Q GDP, FOMC

GBPUSD Short Term Range in Danger Ahead of UK 2Q GDP, FOMC The GBPUSD has settled in a relatively narrow trading range for the last couple of trading days, with the pair seeing most trading done between 1.3150 to the 1.31 handle. Key event risk ahead in the likes of UK 2Q GDP and the FOMC rate decision might see the pair significantly more volatile as we approach a jam-packed economic calendar in the days ahead.ng the Grid Sight Index (GSI) indicator. Taking this into consideration, we look to find…

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