New Zealand Turns Bullish after Rising Dairy Prices and Low Unemployment

In April’s last week, a higher than expected flash manufacturing PMI reading and strong current account surplus has pushed the Eurodollar to a higher position against US Dollars and other major currencies across the world. The rally was extremely strong

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UK FTSE 100 Drops after a Strong GBP and Poor Barclay Results

FTSE 100 which is the premier index of Britain saw its biggest decline in months past week because of the poorer than expected results from Barclays and not so encouraging economic results. FTSE 100 dipped low by 0.5% to close

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Pound Gets Stronger after 3 Year High Inflation Mark

Pound to consolidate against the Swiss Franc at 1.2480 levels after the better than anticipated services PMI reading for the month of March. Historically, in the month of April, Pounds used to rally against its opponents. It was also an

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Deutsche Bank Slapped with $156.6 Million Fine for FX Trading Violation

Deutsche Bank AG has been slapped with a fine of $156.6 million by the US Federal Reserve for violating the foreign exchange regulations as a part of the settlement agreement. A fine of $136.9 million has been levied against the

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