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8 May 2013

Wall Street closes higher on upbeat sentiment

FXstreet.com (San Francisco) - The US stocks market closed on Wednesday as investors' confidence was fueled by upbeat industrial production data in Germany and the jump in the MBA mortgages. The Dow closed at record high and the S&P 500 ended at record high for fifth straight session.

The Dow Jones advanced 48.46 points or 0.32% to end at 15,104.66. The S&P 500 added 6.73 points or 0.41% to 1,632.69. And the Nasdaq Composite won 16.64 points or 0.49% to 3,413.27.
May 8, 2013

Forex Flash: Bank of England expected to stay on hold - UBS

Coincidently with consensus, the UBS team is looking for no change of policy rate, as well as the asset purchase program at Thursday's Bank of England meeting.
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May 8, 2013

Session Recap: Euro advances on upbeat data

The Euro traded higher on Wednesday as the single currency was fueled by upbeat data in German. The EUR/USD rose to test the 1.3200 level again but it was rejected another time.
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