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U.S. Dollar, Japanese Yen Perfrom Well in Currency Trading
Risk aversion helps greenback and yen in forex tradingThe U.S. dollar and the Japanese yen are both performing well in currency trading on the FX market as the flight to safety continues.
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Forex Trading Forecast: Down Under Currencies
Aussie, kiwi to continue to struggle in currency tradingThe forex trading forecast for the down under currencies continues to look weak.
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U.K. Pound Moves Below $1.50 in Forex Trading
Sterling continues to be pounded in currency tradingThe U.K. pound has dropped below $1.50 in forex trading on the currency market.
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Asian Currencies Fall in FX Trading
Emerging market currencies hurt by global recessionEmerging market currencies are being hurt by the global recession.
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Wachovia Daily FX Report
Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from Wachovia Economic Commentary and Currency Risk Management Groups
Click for the full report.
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Skyscraper Index: Have You Heard of it?
I read this great article today about the Skyscraper Index. It’sa bit dated and you may have already heard of it, but nonetheless I find it very interesting. The index was created by economist Andrew Lawrence in 1999 and based upon his ...
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CHF (Swiss) Forex Technical Analysis
The pre-planned buying positions from key supports were realized with attainment of minimal assumed target. OsMA trend indicator, having marked low activity preservation of both parties as before does not give definiteness in the choice of planning...
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The Brief Daily Forecaster 13th November 2008
DAILY ANALYSIS FOR EURUSD
Bias: I feel this will be a down day towards 1.2328-47 but resistance
at 1.2615 (max 1.2720-50) must cap
The break of 1.2476 did extend losses rather messily but only to 1.2437.
However, while price remains...
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FX Technical Analysis by iForex.bg
GBP/USD Open 1.4893 High 1.5478 Low 1.4807 Close 1.5383
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iFOREX.bg - Daily Forecast
EUR/USD
Trading range: 1.2520 - 1.2415
Trend: Downward
Sell at 1.2506 SL 1.2588 TP 1.2429
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GBP/JPY - British Pound Yen, American Session - 13/11/08
142,60.
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Jobless Claims Highlight Seismic Challenges Facing US Economy
When the labor market is in trouble, the US economy is in trouble. Jobless claims rose 516k last week to the highest level since September 2001. The claims for unemployment benefits was only surpassed in the 2.5 weeks following...
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Forex News: Initial and Continuing Claims Surge. Employment weak.
Employment is continuing to weaken. It takes two to confirm the trend, but this is not good news and suggests further deterioration in employment going forward. Initial Claims: 516K vs 484K (revised from 481K) ...
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Forex News: ECB Papademos on the wires
RATES ONLY WORK IF PRICE STABILITY IS SECURED. RATES CAN'T HEAL FIN MARKET STRESSES. RATES CAN'T TAME CPI, FIN MARKETS SIMULTANEOUSLY. The one thing I don't get is the Ex Food and Energy for CPI in the ECB has remained in a narrow range ...
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Bobby's Corner- Open Market 11.13.2008
Good Morning:. The triple digit decline in the DJIA yesterday spread to Asia and Europe -where indexes fell. US Futures are lower. Europe’s largest economy (Germany) has sank into the worst recession in 12 years, with their GDP showing ...
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