World’s Best Automated Forex Trading System Click Here! DOLLAR APPRECIATION CONTINUES. We’ve now looking for a better entry for long dollar positions across the board. The euro sell-off is now encountering the 50 day moving average so we’re looking for support around the current price of 1.3600. Below that, support can be found around 1.3460 [...]
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World’s Best Automated Forex Trading System Click Here! Risk Appetite Recovers After US Consumer Confidence Surges Tuesday, May 26th, 2009 Recap: The higher-yielders like the Euro, Aussie and Loonie recovered overnight losses to the Yen and Greenback as a report on US consumer confidence surprised forecasts with a big jump. Stocks were higher increasing risk [...]
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World’s Best Automated Forex Trading System Click Here! (www.abndigital.com) Pressure on the Rand might be accentuated by weak economic data out of the US and Europe this week. The focus will be on Eurozone PMI data, European economic sentiment and US durable goods sales and personal consumption data. Joining ABN for more on the currency [...]
World’s Best Automated Forex Trading System Click Here! Japanese GDP Down 12.7% on the Year, Risk Aversion Increases in Low Liquidity Conditions Monday, February 16th, 2009 Recap: The Japanese economy, led lower by a 13.9% drop in exports, contracted 3.3% in the 4th quarter, and was down 12.7% on an annualized basis. Traders focused on [...]
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