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Archive for the ‘Forex Weekly Reports’ Category

Why a DXY?

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The DXY does not counterpart a United States traffic on all sides in a tellurian economy. It is heavily weighted to Europe, undervalues a Canadian Dollar, ignores South Korea Taiwan as well as by prerequisite China. A organisation cannot solve a traffic upsurge in a DXY nor is it quite utilitarian as a hedge…

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November 26th, 2009 at 6:16 pm

US Economic Indicators Preview

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The FOMC mins of 4 Nov have been expected to endorse which a infancy of cabinet members still cruise it fitting to say a fed supports rate during unusually low levels for an lengthened period, since low apparatus utilization rates, resigned acceleration as well as fast acceleration expectations. There will have been some…

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November 23rd, 2009 at 6:56 pm

A Busy Week, though Little Top-Tier Data, as Markets Wind Down for US Thanksgiving

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This week is comparatively light of top-tier data, with a monthly calendar instead dominated by US supervision supply as well as a arriving Thanksgiving break. The US Treasury is scheduled to auction $118bn of Treasury records as it continues to fastener with a financing order of a large Federal deficit. The week sees…

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November 23rd, 2009 at 6:56 pm

EURUSD: The 1.4782/1.4625 Levels Keep MT Bias Higher

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Even yet EUR put in a disastrous opening a past week following a disaster during a 1.5014 level, a November 16’09 tall as well as a successive weakness, as prolonged as a stream reversal maintains on top of a 1.4782 level, a MT taking flight trendline as well as a November 03’09 low during 1.4625, you look…

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November 23rd, 2009 at 6:56 pm

GBPUSD: Price Extension Envisaged

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The span followed by reduce upon a nearer tenure declines off a 1.6875 turn upon Friday decisively violating a reduced tenure trendline as well as receiving out a 1.6514 level. This growth continues to put GBPUSD underneath vigour with risk seen towards a 1.6260 turn generally right away which a bearish engulfing candle…

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November 23rd, 2009 at 6:56 pm