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Forex News: US Employment report due at 8:30 AM
read more.
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ForexNews: USD/JPY Breaks 102, As BoJ Leaves Rates Unchanged. Will NFP's Send It Below 100?
See the article...
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Dollar Weak Across the Board - Will NFP Rescue or Sink It?
Talking Points - Japanese Yen: Breaks 102.00 - Euro: Holds 154.00 as all eyes on NFP - Pound: Above 2.01000 - Canadian dollar: Canadian employment on tap...
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07 March EUR Analysis
The Greenback weakened to 1.5430 per Euro, the weakest since the Euro’s debut in 1999 after the ECB kept rates unchanged to combat inflation. With a possible rate cut by the Fed in the US in the near future, the strong bias of the EUR ...
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07 March GBP Analysis
From a technical viewpoint, the GBP is continuing to develop new highs and therefore defining a new bullish trend. By holding rates steady but still emphasizing their hawkish undertone, the BoE decision sent the Cable through the ...
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FX Economic Data : Canada Unemployment
Canada's February Unemploymnet rate unchanged at 5.8 % (Below epectations of 5.9 %) Emplyment Change +43.3k (expected +0.3K). USDCAD plunges over 50 bps on the MUCH HIGHER than expected employment number.
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Forex Trading: GBP/USD
Once again, following up with the London desk's previous posts from 6.59 am 3.4.2008 & 4.52 am 3.6.2008, we may see Sterling take out the 2.0215 target which is not too far away, especially considering that NFP is coming up @ 8.30 am:
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FX Economic Data: German Industrial Production
German January Industrial Production Rises 1.8 % (expected +0.3 %)
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Forex Trading: GBP/USD
Sterling still very bid in here as it moves higher and higher...
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Forex Trading: EUR/USD
Euros are still very bid, in spite of the strong sell of in its cross which is due to the bid in JPY counter of the USD/JPY component:
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FX Trading:Rumors Part 2
Fed's Fisher almost directly addressed this mornings rumors, saying "we are not in an emergency situation." He further said he would discourage thoughts of a FOMC meeting between its schedule. Note that Fisher is a hawk, ...
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FX ECB President Jean Claude Trichet on Wire
ECB Trichet on wire saying:. -He apporves of US strong Dollar Policy. -Excessive FOREX movees UNDESIRABLE. -Market correction may have consequences for inflation. -ECB Monitoring closely significant Market correction.
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FX Trading:Rumors
As USD conitnues its beating, (USDJPY touches below 102.00 and EURUSD approaches 1.54 )there is widespead talk and rumors of an emergency FED meeting later on today. While usuaully such talk is just that..talk, there is the January ...
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Forex Trading: EUR/JPY
EUR/JPY blowing through the 61.8% retracement level here on an hourly:. Indicative: 157.13.
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Forex Video News: Economic Releases for Friday March 7th 2008
Forex Video News: Economic Releases for Friday March 7th 2008. A big day for upcoming releases. This video is a must watch for information on how to read today's key releases. read more.
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