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EUR/USD

Euro post weekly gains by FXstreet.com

Despite a decline on Friday, the Euro ended the week 0.79% higher against the Dollar. EUR/USD finished Friday trading in a range between 1.4830 and 1.4850. The Dollar failed to confirm a break below 1.4700 and on Wednesday the Euro rallied after the FED decided to leaves rates unchanged.

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GBP/USD

Cable hovering around 1.6600 by FXstreet.com

The Pound rebounded at 1.6575 and rose back to the 1.6600 zone. GBP/USD has been steady, moving sideways between 1.6615 and 1.6590. The pair is heading toward a moderate weekly gain, the second in a row.

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USD/JPY

Yen consolidates gains across the board by FXstreet.com

The Yen is posting important gains across the board on Friday. The Japanese currency started to rally after the Non−farm payrolls data. USD/JPY is steady and trades around 89.82/85, 0.95% below today's opening price.

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Forexlive brings speed, clarity and a dose of fun to FX market news and analysis. Forexlive is written by Jamie Coleman, Sean Lee and Gerry Davies.

Brokers & FDMs News 

Alpari Group launches institutional trading platform Alpari Direct Pro powered by Currenex® Technology

The Alpari Group, one of the world's fastest growing providers of online foreign exchange (FOREX) services, today announced the launch of Alpari Direct Pro, an institutional trading platform powered by Currenex®, a recognized and award−winning leader in the provision of innovative trading solutions to the active−trading segment of the Forex market.

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New NFA Rules Cap the Leverage on Majors and Exotic Currency Pairs

Please be advised that the CFTC has recently approved rule−amendments of the U.S. regulatory body, the National Futures Association (NFA), to change the maximum leverage requirements for customers of forex dealer members (FDMS).

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Alpari (UK) grows beyond expectations

Alpari (UK), one of the world's fastest growing providers of online foreign exchange (FOREX) continues its rapid global expansion, supported by a combined client growth of nearly 100 percent (98.56 %) at the company's offices in London, Mumbai and Shanghai since the start of 2009.

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Related News 

Economic Indicators

US Oct Jobless Rate Climbs To 10.2%; 26−Year High by Dow Jones

U.S. unemployment rose by more than expected in October to hit its highest level in more than 26 years and employers cut more jobs than forecast, a sign the labor market continues to struggle as the economy emerges from its deep recession.

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Central Banks

Bank Of England Raises Bond−Buying Program To GBP200B by Dow Jones

The Bank of England's Monetary Policy Committee Thursday invested in even more insurance against a prolonged slump, expanding its bond buying program by another GBP25 billion, amid mixed signs on the health of the U.K. economy.

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Stocks

U.S. markets ended with small gains, up for the week; Dollar mixed by FXstreet.com

Wall Street rose moderately on Friday. The Dow Jones ended up 0.17% but posted sharp gains for the week, around 3%. Unemployment reaching the highest level in 26 years did not stop stocks. Dollar ended mixed across the board and the Yen higher.

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