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Forex Market Hours News

Forex: USD/CHF shaky after unemployment rateTuesday, September 7, 2010 @ 2:58AMFXstreet.com (Barcelona) - The USD/CHF has endured choppy trading in recent hours, with the pair falling some 40 pips after the Swiss unemployment rate over August came in unchanged at 3.8% despite predictions of a slight decline.

L&M Energy raises $1.4 mln in share purchase planMonday, September 6, 2010 @ 11:35PMSept. 7 (BusinessDesk) – L&M Energy Ltd. raised $1.4 million in a share purchase plan, adding to its placement in July.

Forex: EUR/USD holding gains above 1.2860Monday, September 6, 2010 @ 6:28PMFXstreet.com (Buenos Aires) – EUR/USD Current price: 1.2873. Consolidating in a tight range since London close as per US holiday, pair remains flat despite Asian session already opened.

A Quiet Start to the Week Offers Time for SetupMonday, September 6, 2010 @ 4:30PMJust as expected, the first 24 hours of price action this week have been very restrained. With the US markets offline, there wouldn't be a significant enough group to pass the speculative torch from the European session to Tuesday's Asian trading hours; so investors restrained their expectations and eased up on taking any significant positions until things really get rolling. This downtime works ...

Forex: USD/CHF hits 1.0110 daily lowMonday, September 6, 2010 @ 11:43AMFXstreet.com (Buenos Aires) – Swiss Franc continues gaining ground across the board, reaching at the time of writing a fresh daily low barely above 1.0110. The safe haven currency failed to hold gains above 1.0220 static resistance area past Friday, and resumed its bearish trend, heading back towards parity.

Forex: USD/CAD extend slump to 1.0340Monday, September 6, 2010 @ 11:13AMFXstreet.com (Buenos Aires) – Canadian dollar continues extending its gains this Monday, testing 1.0340, and stetting so a 3-week low, as oil barrel consolidates above $ 74.00 in this quiet American afternoon.

Forex: GBP/USD plunges 145 pips and hits 1.5345 lowMonday, September 6, 2010 @ 6:28AMFXstreet.com (Barcelona) - The Sterling has underperformed on European session plunging across the board as concerns about UK economy increased, triggering a 145 pip sell-off on the GBP/USD, which dropped from session high at 1.5490 to 1.5345 low so far.

Dollar on the Verge of a Bearish Reversal as Support, Liquidity Dry UpFriday, September 3, 2010 @ 11:55PMDollar on the Verge of a Bearish Reversal as Support, Liquidity Dry Up Fundamental Outlook for US Dollar: Bearish Despite the draw of a long weekend and questionable long-term implications, confidence is bolstered by NFPs Risk appetite proves unquenchable as an otherwise lone manufacturing report drives equities higher The dollar closes in on confirmation of a bearish reversal Despite wading ...

Forex: USD/JPY posts lowest weekly close in 15 yearsFriday, September 3, 2010 @ 3:29PMFXstreet.com (Córdoba) – The Dollar fell against the Yen for the third consecutive week and posted the first weekly close below 85.00 in 15 years. USD/JPY was rejected twice, once on Monday and again on Friday, from levels on top of 85.00.