Being supported by the rising trend line from 1.4346 (Jun 8 low) to 1.5124, GBPUSD rebounded from 1.5535 level. Now the pair is forming a cycle...
GBPUSD rebounded from 1.5535
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Dukascopy Afternoon Forex Overview - Oct 1 2009
Previous session overview The dollar is stronger in early Thursday trading, as concerns over a global economic recovery continue to reduce risk appetite. Modest gains in U.S. personal income and spending were offset by a worse-than-expected weekly jobless report, leading the euro to hit an intraday...
New York forex wrap-up; Risk equaled reward, for a time
US weekly jobless claims fall to 601,000 , -24,000 US retail sales rise 0.5%, ex-autos rise 0.5%. Gasoline price rise impacts IMF raises 2010 GDP outlook for the US to 2.4% from 1.9% French official: Keeping eye on currency market; volatility hurting economy Volcker: No practical alternative to the...
GBPUSD’s rise from 1.4948 extends to 1.5296
GBPUSD’s rise from 1.4948 extends to as high as 1.5296 level. Further rally is still in favor later today and target would be at 1.5400...
Ireland’s Hurley in no hurry to find the exits
Exit strategy has been a big topic of discussion for Weber, Stark and others on the ECB but for Ireland’s Hurley, it is not on the radar. He says rates must remain accommodative as long as required. Policy will only be adjusted when definitive signs of significant improvement. Inflation will...
Forex Trading Today » Slight Strength in Risk Aversion Continues ...
Forex Trading Today » Slight Strength in Risk Aversion Continues on the IntraDay Level on The Conflicts of Recovery Rhetoric; Forex Trading Today » GBP/JPY Looks to an IntraDay Bear Flag Formation for Yen Strength on BoE and ECB Live ... Forex Trading Today -...