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	<title>GoogleForexx.com &#187; Action Forex News</title>
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	<description>GoogleForexx.com &#124; Your Complete Forex Guide</description>
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		<title>Weekly Technical Update: Weakness Stays with Greenback; Yen Might Start Sliding as Well</title>
		<link>http://www.googleforexx.com/2010/07/weekly-technical-update-weakness-stays-with-greenback-yen-might-start-sliding-as-well/</link>
		<comments>http://www.googleforexx.com/2010/07/weekly-technical-update-weakness-stays-with-greenback-yen-might-start-sliding-as-well/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 19:12:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[aud]]></category>
		<category><![CDATA[cad]]></category>
		<category><![CDATA[jpy]]></category>
		<category><![CDATA[week]]></category>

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		<description><![CDATA[This week, The US dollar continued to loss ground to the euro, and pound, as well as to the JPY, which competes with the USD for risk-aversion-based flow. The commodity currencies such as AUD and CAD also gained on the greenback. Even gold, which has been declining is gaining again. ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Japan&#8217;s Batch of Data Shows Higher Unemployment, Weak Production</title>
		<link>http://www.googleforexx.com/2010/07/japans-batch-of-data-shows-higher-unemployment-weak-production/</link>
		<comments>http://www.googleforexx.com/2010/07/japans-batch-of-data-shows-higher-unemployment-weak-production/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 16:42:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[form]]></category>
		<category><![CDATA[month]]></category>

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		<description><![CDATA[Overnight, we got end-of-the month statistics from Japan. While there was a positive report in the form of stronger than expected household spending for the month of June, a rise in the unemployment rate and a drop in industrial production dampened any enthusiasm for the Japanese economy]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>EUR/USD Nears Last Resistance Zone for Bearish Outlook</title>
		<link>http://www.googleforexx.com/2010/07/eurusd-nears-last-resistance-zone-for-bearish-outlook/</link>
		<comments>http://www.googleforexx.com/2010/07/eurusd-nears-last-resistance-zone-for-bearish-outlook/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 16:39:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[EUR]]></category>
		<category><![CDATA[usd]]></category>
		<category><![CDATA[zone]]></category>

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		<description><![CDATA[The EUR/USD rallied further this week and is going to enter an upper zone of resistance. If the market continues further but can find a top in the zone that starts at 1.3120 to 1.3250, it can still decline towards and even past the 1.1880 area]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Yields Pare Gains Despite GDP Setback</title>
		<link>http://www.googleforexx.com/2010/07/yields-pare-gains-despite-gdp-setback/</link>
		<comments>http://www.googleforexx.com/2010/07/yields-pare-gains-despite-gdp-setback/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 15:20:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[event]]></category>
		<category><![CDATA[gdp]]></category>

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		<description><![CDATA[Yields slumped after investors reacted with despair to a downturn in U.S. second quarter GDP. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Trade Idea Wrap-up: EUR/USD – Hold long entered 1.3020</title>
		<link>http://www.googleforexx.com/2010/07/trade-idea-wrap-up-eurusd-%e2%80%93-hold-long-entered-1-3020/</link>
		<comments>http://www.googleforexx.com/2010/07/trade-idea-wrap-up-eurusd-%e2%80%93-hold-long-entered-1-3020/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 14:55:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[bounce]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/trade-idea-wrap-up-eurusd-%e2%80%93-hold-long-entered-1-3020/</guid>
		<description><![CDATA[ Failure to extend intra-day rebound from 1.2980 suggests further consolidation would be seen and indicated minor support at 1.2977-80 must hold for prospect of another bounce to 1.3055/60, then towards yesterday’s high at 1.3107, however, break there is needed to signal recent upmove has resumed and extend towards 1.3145/50 but ]]></description>
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		<title>US GDP Grows Weaker Than Expected 2.4% in 2nd Quarter</title>
		<link>http://www.googleforexx.com/2010/07/us-gdp-grows-weaker-than-expected-2-4-in-2nd-quarter/</link>
		<comments>http://www.googleforexx.com/2010/07/us-gdp-grows-weaker-than-expected-2-4-in-2nd-quarter/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 14:34:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[gdp]]></category>
		<category><![CDATA[piece]]></category>
		<category><![CDATA[string]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/us-gdp-grows-weaker-than-expected-2-4-in-2nd-quarter/</guid>
		<description><![CDATA[Today's GDP data is another piece of data that underwhelmed, and adds to the string of releases casting a long shadow over the US recovery. It's a good snapshot of where the economy is right now as it showed that consumer spending is adding less to growth, while business spending ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Emerging Markets: Central Banks are Becoming More Cautious</title>
		<link>http://www.googleforexx.com/2010/07/emerging-markets-central-banks-are-becoming-more-cautious/</link>
		<comments>http://www.googleforexx.com/2010/07/emerging-markets-central-banks-are-becoming-more-cautious/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 14:33:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[EUR]]></category>
		<category><![CDATA[Euro]]></category>
		<category><![CDATA[usd]]></category>
		<category><![CDATA[week]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/emerging-markets-central-banks-are-becoming-more-cautious/</guid>
		<description><![CDATA[This week, EUR-USD firmed again somewhat to 1.30, even touching 1.31 briefly. The euro also rose slightly against most non-European currencies. ]]></description>
		<wfw:commentRss>http://www.googleforexx.com/2010/07/emerging-markets-central-banks-are-becoming-more-cautious/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>U.S. Second-Quarter GDP Expanded at a 2.4% Annualized Pace According to Advanced Estimate</title>
		<link>http://www.googleforexx.com/2010/07/u-s-second-quarter-gdp-expanded-at-a-2-4-annualized-pace-according-to-advanced-estimate/</link>
		<comments>http://www.googleforexx.com/2010/07/u-s-second-quarter-gdp-expanded-at-a-2-4-annualized-pace-according-to-advanced-estimate/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 14:25:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[gdp]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/u-s-second-quarter-gdp-expanded-at-a-2-4-annualized-pace-according-to-advanced-estimate/</guid>
		<description><![CDATA[The first estimate of second-quarter 2010 GDP growth showed a 2.4% annualized gain, just short of expectations for a 2.6% annualized increase. Revisions to the data going back to 2007 showed a generally softer economic performance with 2007 growth at 1.9% (compared to 2.1%), 2008 flat (compared to previously reported ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Canadian May GDP Rises Modestly</title>
		<link>http://www.googleforexx.com/2010/07/canadian-may-gdp-rises-modestly/</link>
		<comments>http://www.googleforexx.com/2010/07/canadian-may-gdp-rises-modestly/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 14:22:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[gdp]]></category>
		<category><![CDATA[goods]]></category>
		<category><![CDATA[result]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/canadian-may-gdp-rises-modestly/</guid>
		<description><![CDATA[GDP output in May grew moderately weaker than anticipated rising 0.1% compared to market expectations of a 0.2% rise. This result represents a modest improvement from the no change in April although down markedly from the 0.6% surge recorded in March. The strength emanated from the goods-producing side of the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Real GDP Grew Modestly During The Second Quarter</title>
		<link>http://www.googleforexx.com/2010/07/real-gdp-grew-modestly-during-the-second-quarter/</link>
		<comments>http://www.googleforexx.com/2010/07/real-gdp-grew-modestly-during-the-second-quarter/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 14:19:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[gdp]]></category>
		<category><![CDATA[past]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/real-gdp-grew-modestly-during-the-second-quarter/</guid>
		<description><![CDATA[Real GDP grew at a respectable 2.4 percent pace during the second quarter, which was precisely in line with our forecast. Data were revised for the past three years and the new data show the recession was a little deeper than first reported, with real GDP declining 4.1 percent over ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US: Q2 Data Confirms a Half-Hearted Consumer</title>
		<link>http://www.googleforexx.com/2010/07/us-q2-data-confirms-a-half-hearted-consumer/</link>
		<comments>http://www.googleforexx.com/2010/07/us-q2-data-confirms-a-half-hearted-consumer/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 13:46:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[annual]]></category>
		<category><![CDATA[prior]]></category>
		<category><![CDATA[real]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/us-q2-data-confirms-a-half-hearted-consumer/</guid>
		<description><![CDATA[Real GDP for Q2 came in at 2.4% (annualized), which was near expectations of 2.6%. However, the real story was in the annual revisions. Although Q1-2010 was revised up a full percentage point to 3.7%, this was because the level of GDP had dropped for the prior quarters on downward ]]></description>
		<wfw:commentRss>http://www.googleforexx.com/2010/07/us-q2-data-confirms-a-half-hearted-consumer/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Canadian Real GDP Soft in May</title>
		<link>http://www.googleforexx.com/2010/07/canadian-real-gdp-soft-in-may/</link>
		<comments>http://www.googleforexx.com/2010/07/canadian-real-gdp-soft-in-may/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 13:44:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[gdp]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[year]]></category>

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		<description><![CDATA[The pace of economic growth has likely decelerated to below 3% annualized in the second quarter of this year, almost half the growth rate experienced in the previous two quarters. A broad-based moderation is expected to continue into the second half of this year with real GDP growth to slip ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Yen Rises to 2010 High Per Dollar as July Trading Ends</title>
		<link>http://www.googleforexx.com/2010/07/yen-rises-to-2010-high-per-dollar-as-july-trading-ends/</link>
		<comments>http://www.googleforexx.com/2010/07/yen-rises-to-2010-high-per-dollar-as-july-trading-ends/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 13:03:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[Dollar]]></category>
		<category><![CDATA[latest]]></category>
		<category><![CDATA[pmi]]></category>
		<category><![CDATA[state]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/yen-rises-to-2010-high-per-dollar-as-july-trading-ends/</guid>
		<description><![CDATA[The end of July has traders on edge after a month of remarkable weakness for the dollar, while they cautiously await August PMI data due next week for the latest health check on the state of economic health. Comments from St. Louis Fed President James Bullard sounded the deflationary bell ]]></description>
		<wfw:commentRss>http://www.googleforexx.com/2010/07/yen-rises-to-2010-high-per-dollar-as-july-trading-ends/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mid-Day Report: Dollar Back Under Pressure after GDP Disappointment</title>
		<link>http://www.googleforexx.com/2010/07/mid-day-report-dollar-back-under-pressure-after-gdp-disappointment/</link>
		<comments>http://www.googleforexx.com/2010/07/mid-day-report-dollar-back-under-pressure-after-gdp-disappointment/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 12:47:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[gdp]]></category>
		<category><![CDATA[IMF]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/mid-day-report-dollar-back-under-pressure-after-gdp-disappointment/</guid>
		<description><![CDATA[Dollar is back under pressures in early US session after Q2 GDP report showed slightly worse than expected growth of 2.4% annualized. The data reflected slowing consumer spending, which dropped from 1.9% to 1.6% in Q2, as well as widened trade deficit from $338b to $426b]]></description>
		<wfw:commentRss>http://www.googleforexx.com/2010/07/mid-day-report-dollar-back-under-pressure-after-gdp-disappointment/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Risk Appetite Subdued Ahead Of US GDP &#8211; USD Firms</title>
		<link>http://www.googleforexx.com/2010/07/risk-appetite-subdued-ahead-of-us-gdp-usd-firms/</link>
		<comments>http://www.googleforexx.com/2010/07/risk-appetite-subdued-ahead-of-us-gdp-usd-firms/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 11:54:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Action Forex News]]></category>
		<category><![CDATA[gdp]]></category>
		<category><![CDATA[nasdaq]]></category>

		<guid isPermaLink="false">http://www.googleforexx.com/2010/07/risk-appetite-subdued-ahead-of-us-gdp-usd-firms/</guid>
		<description><![CDATA[Asia Pacific markets were lower after a lackluster performance in US equities saw the Dow, the S&#38;P, and the Nasdaq fall by .3%, .4%, and .6% respectively. Disappointing topline revenues and softer guidance reports weighed on sentiment one day before the US is set to release Q2 GDP figures. ]]></description>
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