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A daily, and very informative analysis of the US Dollar, looking into why it continues to rally. Also includes analysis of the Euro, British Pound, a[...]
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Crude oil rose on speculation demand may climb as an economic stimulus package sought by President Barack Obama cleared a procedural hurdle in the U.S. Senate.
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U.S. Retail Sales decreased for the fifth month in a row in November according to a report by the U.S. Commerce Department released today. Advance es[...]
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U.S. Nonfarm Payrolls employment data released today showed that jobs fell by more than 500,000 for the second straight month in December. The Depart[...]
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The Japanese economy will contract by 3.8 per cent in fiscal 2009 from the previous year, which may cause 2.7 million job losses in the yearlong period to December, former Bank of Japan Deputy Gov. Toshiro Muto said Wednesday in Tokyo.
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The U.S. economy contracted in the 3rd quarter of 2008 according to the latest release by the U.S. Commerce Department. The final estimate report rel[...]
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First of all, I have to make it loud and clear that trading on news isn’t as easy as it may sound. You see major changes in price movements after som[...]
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New wave of concerns over the possible debt crises of Italy and Ireland overwhelmed the market in the beginning of the previous week. Euro was under [...]
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Last week saw market participants mostly supporting the save-heaven currencies. The trading week started with some decrease of the euro rate, since m[...]
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After closing down against the USD, for the 6th time out the past seven weeks, the Euro appreciated against 11 of its 16 major currency counterparts [...]
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The EU has slid further into recession, with quarterly growth in its 27 member states slowing by 1.5 per cent in the last quarter of 2008 compared wi[...]
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Weekly TECHNICAL ANALYSIS for 18 - 22.04, 2011
EURUSD
The pair has broken channel line and risen to 1.44835. The pair may roll back to 1.42551 befo[...] read more »
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EURUSD
The pair has broken channel line and risen to 1.44835. The pair may roll back to 1.42551 befo[...] read more »
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We are on top of Fibonacci Pivot Line although we are not demonstrating any bullish strength, so i m not certain whether it is wise to trade in any d[...]
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The previous week started with the new wave of the euro weakness. Euro fell on Monday after the announcement that the rating agencyMoody's reduced t[...]
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The previous trading week continued the weakening of the US dollar. During the morning trading on Monday the EUR/USD demonstrated movements in the ra[...]
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