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- USD Soars on Obama Inauguration
... Investors Welcome President Obama The U.S. dollar (USD) soared today as the world welcomed the 44th president of the United ... lasts, but today's move has put the USD securely back on course to continue moving higher. by S. Wade Hansen ...
forum topic - azka - 2009-01-21 04:53 - 0 comments
- Obama Sees ‘Glimmers of Hope’ of Improving Economy
... told reporters at the White House after getting an update on the economy from Federal Reserve Chairman Ben S. Bernanke, Treasury ... is “still under severe stress.” said President Barack Obama Obama cited increased refinancing of home mortgages, money flowing ...
forum topic - azka - 2009-04-11 23:07 - 0 comments
- Obama Aftermath Fails to Raise Confidence…
EUR/USD is trading heavily since the beginning of the week, and the break of ... and stops get hit, further downside may be in store! On the upside, 1.30 should work as resistance, however if 1.3030 breaks, the ... out to be, with markets still dropping in the aftermath of Obama's inauguration. The prospect of a new era starting in US after 8 years of ...
forum topic - azka - 2009-01-21 23:36 - 0 comments
- Obama will insist on consumer financial protection
WASHINGTON – President Barack Obama said on Wednesday he would keep consumer protection at the heart of his ... said that Obama would discuss financial reform in remarks on Thursday after meeting in the Oval Office with Paul Volcker, the former ...
forum topic - azka - 2010-01-21 03:30 - 0 comments
- EUR/USD - getting that uneasy feeling
... equity crowd, it will continue to offer good insights on how to play the FX market as most major pairs are very correlated with the ... to note however, that the downside action in EUR/USD was muted today despite the strong dollar (DXC) and weak S&P 500. In ...
forum topic - azka - 2008-12-04 03:31 - 0 comments
- a pivotal week for USD: its Geithner's do or die
... pack his bags. Why such high standard for him and Obama? The negativity of our times is stifling the air out of good or fair ... du Plessis argues that the Fed will accept a collapsing USD rather than a repeat of the great depression; Andy Sutton argues that fiat ...
forum topic - azka - 2009-03-23 15:30 - 0 comments
- Rising VIX Sends Investors Rushing for USD and JPY
... and Best Buy and a sub-$300 share price for Google (GOOG) on top of that, you have the makings for a terrible day in the stock market. ... tend to flock to the relative safety of the U.S. dollar (USD) and the Japanese yen (JPY). Investors push up demand for the USD because ...
forum topic - azka - 2008-12-04 03:31 - 0 comments
- Chart of the Day - GBP/USD
GBP/USD – Price action within the last three months on the key GBP/USD pair (a 4-hour chart of which is shown) has been characterized by a series ...
forum topic - azka - 2008-12-04 03:34 - 0 comments
- Chart of the Day - USD/JPY
Price action on the USD/JPY (a daily chart of which is shown) has just made a precise ... an actual double bottom reversal would only be confirmed on a substantial break above the swing high peak around 94.60. By James ...
forum topic - azka - 2009-01-23 10:49 - 0 comments
- EUR/USD Weekly Forex Analysis
After more than a month of steeply bearish price action on the EUR/USD (a daily chart of which is shown), the week of January 26-30 is looking to ...
forum topic - azka - 2009-01-25 19:44 - 0 comments
- EUR USD Corrective dips to Day
EUR-USD Corrective dips should ideally halt near 1.2884 or 1.2854 for one more ... or 1.3006 in extention. Fall below 1.2824 puts it back on a downward path. GBP-USD While below 1.4327 or 1.4419 it could fall towards below 1.4235 or 1.4068. ...
forum topic - azka - 2009-02-16 11:54 - 0 comments
- Oil Hit Resistance
Oil Hit Resistance and the USD/CAD Found Support,The Value of the USD/CAD is Being Driven by Oil We saw the USD/CAD get a nice bounce off of ... below $43 per barrel. The drop in oil prices came on the news that the U.S. reserves were larger than anticipated—which means ...
forum topic - azka - 2009-01-09 01:17 - 0 comments
- Bad Payroll Data
... the NFP, which is expected to be very high. The EUR/USD is hovering around 1.28 at the time of writing and traders do not wish to ... as a safe haven. Watch out for Obama’s speech later on in Chicago where he will meet economic officials and speak about the outlook ...
forum topic - azka - 2008-12-04 03:29 - 0 comments
- Euro and Pound Rally -To be Continued?
The EUR/USD broke important resistance levels of 1.3060 yesterday, climbing even higher ... that the party is over for euro bulls and another try on the downside may be in store! The pound had a good start of the ... further insight on the deteriorating economy. With the new Obama administration now in motion, we are anticipating new developments in the ...
forum topic - azka - 2009-01-28 13:21 - 0 comments
- Dollar Correction or Something Deeper?
The EUR/USD is trading heavily since yesterdays FOMC Mobile News Alert announcements ... The dollar continues to fall nonstop, what with EUR/USD and GBP/USD breaking important resistance levels of 1.35 and 1.43 ... Are we back in the good old days, when fundamentals reflex on market moves? This is very likely, as for the first time in months, we saw ...
forum topic - azka - 2009-03-20 02:08 - 0 comments




