The euro hit a one-month low against the dollar and a three-week trough versus ... 17, before recovering to $1.2994, down 0.4 percent on the day. "The euro is facing selling pressure because the market feels from ... he probably wants to lower the euro," said a manager of forex trading group at a large Japanese bank. Trichet said on Friday that ...

forum topic - azka - 2009-04-21 06:03 - 0 comments

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forum topic - azka - 2009-03-02 23:07 - 0 comments

... BOE, and SNB Rate Cuts European currencies including the euro, British pound, and Swiss franc were hit hard on Thursday as three of ... and sharp declines in US stocks for the second day in a row. While the greenback still remains 300-350 points below its ... released, equity markets could fall even lower and take forex carry trades down with them. While I wouldn’t be surprised to see a ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

... occurred. Economic data out of Europe does not yet denote the drastic weakness we see in the US. The most likely trading range for EURUSD ... but manageable. The Fed also had sobering words that day and spoke of a plan to buy long-dated US bonds - something that could lower ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

... low vs yen By Kaori Kaneko TOKYO, May 14 (Reuters) - The yen and dollar held near some of their strongest levels this week on ... hit its lowest in two weeks at 128.87 yen but later in the day it was up 0.1 percent on the day at 129.69 yen . The liquidation of long ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

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forum topic - azka - 2009-04-02 08:56 - 0 comments

The EUR/USD is trading heavily since yesterdays FOMC Mobile News Alert ... and hasn’t stopped to breath. The pair broke important 1.35 very easily and also 1.36. Now it is trading above 1.37 and it looks like ... the next few weeks… As a last note, do not let the euro and pound rally misguide you into thinking that all of a sudden Euro zone ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

The EUR/USD broke important resistance levels of 1.3060 yesterday, climbing ... 1.32. This morning's better than expected IFO news saw the euro continue to rally against the buck towards 1.3350, however, the move was ... currencies aggressively rally over 400 points during the day! The move came on the back of an appetite for risk returning to the ...

forum topic - azka - 2009-01-28 13:21 - 0 comments

Why the title “One More Zero?” Because, everybody can use one more zero in ... level, another zero would bring you to the one million dollar mark. And so on, and so on. You get the point. We are absolutely convinced that this e-book ...

forum topic - azka - 2009-05-23 13:48 - 0 comments

Today the economic calendar is almost empty, with only important events being PPI out ... that all recent European data are contracting, is making euro bulls think twice about buying the single currency against the dollar. ... highs on Friday and is still trading within ranges of 1.2550-1.2850. A clear break of later level could lead the pair towards 1.2930 ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

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forum topic - azka - 2009-02-20 11:03 - 0 comments

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forum topic - azka - 2009-02-20 11:03 - 0 comments

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forum topic - azka - 2009-02-24 02:05 - 0 comments

... interest rates, Canada will show a decline in GDP, and the German Ifo Business Climate will dominate European news. The ... expected to drop by 53 points. American data this day consists of the CB Consumer Confidence, expected at a low of 38.7, and the ...

forum topic - azka - 2009-01-25 19:28 - 0 comments

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forum topic - azka - 2008-12-08 11:19 - 0 comments