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Markets Continue Post QEX Rally for Second Day – EUR/JPY +280 Pips

Almost 24 hours after the FOMC's latest monetary policy decision, QEX, markets continue their risk on rally. In the forex market, the biggest winner among the majors today was the EUR/JPY. The pair is up 189 pips today, after opening the day at 100.63 its trading at 102.52 at the moment. The EUR/JPY was trading at 99.72 before the Fed's QEX decision, the pair is up 280 pips in less then a day...

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September 14, 2012 @ 5:51 pm

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Markets Continue Post QEX Rally for Second Day – EUR/JPY +280 Pips

Almost 24 hours after the FOMC's latest monetary policy decision, QEX, markets continue their risk on rally. In the forex market, the biggest winner among the majors today was the EUR/JPY. The pair is up 189 pips today, after opening the day at 100.63 its trading at 102.52 at the moment. The EUR/JPY was trading at 99.72 before the Fed's QEX decision, the pair is up 280 pips in less then a day...

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September 14, 2012 @ 5:51 pm

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Dollar Loses Ground After Bad NFP Number, Euro Pairs Continue Rally

The dollar lost ground against all major currencies after the U.S. Jobs report came in lower then expected. The NFP came in at +96,000 jobs compared to expectations for a rise of 123,000. July's jobs number was revised downward from 163,000 to 143,000. Private payrolls rose by 103,000, again lower then expectations for a rise of 142,000. Despite the bad jobs data the unemployment rate came...

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September 7, 2012 @ 11:25 pm

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Dollar Loses Ground After Bad NFP Number, Euro Pairs Continue Rally

The dollar lost ground against all major currencies after the U.S. Jobs report came in lower then expected. The NFP came in at +96,000 jobs compared to expectations for a rise of 123,000. July's jobs number was revised downward from 163,000 to 143,000. Private payrolls rose by 103,000, again lower then expectations for a rise of 142,000. Despite the bad jobs data the unemployment rate came in...

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September 7, 2012 @ 11:25 pm

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