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  • Trade view / 05 June 2015 at 1:30 GMT
    Short term

    Window for EURUSD recovery to resume

    Managing Director / Technical Research Limited
    New Zealand
    Unless today's US average hourly earnings come in spot on target, there is likely to be volatility around the USD, creating trading opportunities. Key support for EURUSD is now at 1.1178 and resistance is at 1.1255, 1.130/1.1320 then 1.1380.
    Read the Trade View
    4y
    Herald Herald
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    4y
    Loris Loris
    Hi max. I close before and take the profit... Before the USA opening. Thanks again...
    4y
    Max McKegg Max McKegg
    well done Loris. Once the mid 1.1200's were reached, Stop Loss had been raised to lock-in profit.
  • Editor’s Picks / 05 June 2015 at 0:55 GMT

    In the Greek debt puzzle, the game theorists have it

    New York Times
    That Yanis Varoufakis, the Greek finance minister, would meet with senior European officials wearing a leather motorcycle jacket and open-collar shirt would probably have fascinated John F. Nash Jr., the Nobel prize-winning mathematician, game theorist and Princeton professor who was killed last month, writes James B. Stewart. Is Varoufakis really a radical, or simply acting like one to increase Greece’s negotiating leverage – what game theorists mean when they say it can be rational to behave irrationally? Varoufakis is himself a noted game theorist and a longtime admirer of Nash. The intense and hard-fought negotiations between Greece and its creditors are the sort of high-stakes game that fascinated Nash.
    Read article on New York Times
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    4y
    Herald Herald
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  • Article / 05 June 2015 at 0:43 GMT

    Today's Trade: ASX 200 receives boost from healthcare sector

    Trading Desk / Saxo Capital Markets
    Australia
    Today's Trade: ASX 200 receives boost from healthcare sector
    Local trading shrugged off overseas weakness to open slightly stronger, fuelled by healthcare stocks. Banks however continue to be sold down. Global markets fell overnight with the Dow and S&P 500 closing near their lowest levels in a month. Meanwhile, some rebound to the upside on AUDUSD is expected but it is likely to remain under selling pressure.
    Read the article
    4y
    Herald Herald
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  • Editor’s Picks / 04 June 2015 at 23:39 GMT

    Apple's Swift breakthrough quick to attract fans

    Bloomberg
    Apple's new software language – released last year – has managed an impressive feat: It has thrust a new language on programmers without inspiring widespread hatred. Early reviews of Swift have been overwhelmingly positive, according to Bloomberg's Joshua Brustein, and a survey in February of more than 26,000 developers, named Swift the world’s most-loved computer programming language. Before Swift, the only choice for Apple developers was Objective C, a language initially built in the 1980s.
    Read article on Bloomberg
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    4y
    Herald Herald
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    Herald Herald
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    Herald Herald
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    4y
    mishco mishco
    perfect
  • 4y
    Herald Herald
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  • Editor’s Picks / 04 June 2015 at 16:00 GMT

    China hires world's biggest tanker to hold the oil

    CNN
    It's been clear for some time that China has been taking advantage of cheap oil prices to build its strategic reserve and now it can be filed as evidence after Beijing hired the world's biggest tanker, the TI Europe, to hold 3 million barrels of oil in the straits of Malacca. The 44,000 tonne monster revives the prospect of floating storage as a phenomenon on global markets and, says Andrew Stevens, is likely to get a fresh boost if supply rises in the near term, as analysts expect.
    Read article on CNN
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    4y
    Herald Herald
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    4y
    fxtime fxtime
    You have to wonder what the lease rate is for this vessel. You would need mammoth economies of scale to cover costs and expect a sudden ramping...
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