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Avoiding Forex Failure

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Forex Wizard - The World's Most Exciting Way To Trade!

Forex wizard offers Forex pips strategy and Forex Trading (or foreign currency trading) in a fast-pace and its an exciting way to profit from moves in the world financial markets.

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DailyForex Fundamental & News

Yen Drops to 6-Week Low, Dollar Steadies

The yen bounced back to 105.88 yen per dollar from 107.49 Friday hovering above six-week lows after comments from Bank of Japan Governor Haruhiko Kuroda hinted that Japan may not be preparing a radical "helicopter money" economic stimulus as anticipated.

Softer Outlook for Japanese Yen

Presently, the Japanese Yen is seeing some broad volatility and is finding support.

Sterling Shows Recovery, RBNZ To Cut Interest Rate

Nearly one month since the Brexit referendum vote shocked markets across the globe, the British pound has recovered one quarter of its post-referendum price and most major global stock markets, iincluding the FTSE are now higher than before the vote.

Sterling Edges Broadly Higher

Sterling edged higher against the euro, and managed to recover earlier losses against a stronger US Dollar after a survey from the Bank of England showed no clear signs of a slowdown in the UK’s economic activity in the weeks following the June 23rd Brexit vote.

Positive Housing Data, BOJ Easing Plans Support US Dollar

The dollar remained close to four-month highs against a basket of currencies Wednesday after giving up some of its recent gains against the yen, after Commerce Department data showed that U.S. housing starts surged 4.8 percent to a seasonally adjusted annual pace of 1.19 million units, suggesting at underlying strength in in the U.S. economy.
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