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  1. Saxo Bank Group reported mixed performance in the first half of 2014 owing to low volatility in FX markets, India’s FX Reserves Surge

    by , 08-26-2014 at 08:31 AM
    Saxo Bank Announces H1 2014 Trading Metrics, India’s FX Reserves Surge

    By Forexminute - Yashu Gola | Forex Industry News | Aug 23, 2014 4:06AM BST




    Leading financial firm Saxo Bank Group reported mixed performance in the first half of 2014 owing to low volatility in FX markets. However, the firm rolled out new products while clients’ deposits ...
  2. Key Fundamental Releases for this Week 8/25-8/29

    by , 08-25-2014 at 06:15 PM
    Light Week:

    This is going to be a relatively light week as far as fundamental releases of significance toward central bank policies. US GDP data on Thursday (8/28) will probably be this week most important data point.

    Monday (8/25)

    German Ifo Business Climate (August): Forecast: 107.1, July: 108.0
    As economic data shows a slowdown in the Eurozone, businesses are feeling the pinch. The German Ifo Business Climinate survey is expected to show the ...
  3. These are the 25 most popular mobile apps in the US

    by , 08-25-2014 at 03:15 PM
    In its latest mobile app report, comScore tracks the 25 most popular apps in the US. This is an interesting slice of the App Store, as it highlights active usage, not just one-time downloads or recent popularity.

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    Some observations:

    • Facebook is by far the top app, with 115.4 million unique visitors in June. With 160 million total US app users, that’s 72% penetration—pretty impressive. (For context, Facebook said it had 1.1 billion mobile users
    ...
  4. AUDJPY Breaks Multi-Month Consolidation to Fresh Highs

    by , 08-25-2014 at 02:31 AM
    AUD/JPY just broke into fresh highs on the year during the 8/21 session after consolidating since April. AUD/JPY’s price action in 2014 can be described as bullish in Q1, then neutral since Q2 after price hit a high around 96.50.
    You can say that price has been in a sideways market, or you*can also say that it was in*an ascending triangle. The most important thing in the daily chart is that during this multi-month consolidation, price preserved the bullish bias by staying above the 200-day ...
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  5. Litecoin Holds Below 6.00, Continues Bearish Trend

    by , 08-24-2014 at 08:08 AM
    Litecoin Holds Below 6.00, Continues Bearish Trend

    By Forexminute - Fan Yang | Litecoin | Aug 23, 2014 7:45PM BST




    Litecoin was in a consolidation and bullish correction mode last week, rallying from a low of 3.33 to 6.19. There was resistance around the 6.0 handle, and price retreated since than. During the 8/23 Saturday session, price continues to slide, ...
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