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GBPUSD’s downtrend extends to 1.5350
GBPUSD’s downtrend extends to as low as 1.5350 level. Further fall is still possible next week and next target would be at...
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EUR/USD clawing back lost ground
The threat of some significant buying interest at 1.3925 has dulled the bear’s appetite for risk and shorts have continued to book profits on the EUR/USD, with the pair back again towards 1.40. Dealers report a mixed bag of selling interest and trailing stops above the figure. The previous...
SECO Upgrades Swiss GDP Outlook; Sees Sluggish Recovery
(RTTNews) – Tuesday, the State Secretariat for Economic Affairs raised Switzerland’s economic outlook, while forecasting the recovery to remain sluggish next year. The expert group of the Federal Government expects the economy to shrink 1.7% during 2009, better than the 2.7% decline...
Euro Rises as Greek Lawmakers Approve Bailout Accord
By TraderVox.com Tradervox (Dublin) - Euro advanced against the yen and the dollar today, after the Greek Prime Minister Lucas Papademos...