USDCAD rebounded strongly from 1.0471, suggesting that a cycle bottom is being formed on 4-hour chart. Another rise to test 1.0676 (Jul 6 high) key...
USDCAD rebounded strongly from 1.0471
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ECB’s Liikanen: Sees no rapid global economic recovery
ECB’s Liikanen says he sees some signs of stabilisation in the global economy and the worst could be over, but doesn’t expect a rapid economic recovery. The official sees the operability of the global financial system as still very limited, and sees a risk that credit losses will erode...
WORLD FOREX: Economic Optimism Lifts Dollar,Yen Hit By Flows
By Nicholas Hastings LONDON (Dow Jones)--Optimism over the global economy is lifting the dollar Thursday in Europe, while the yen is getting hit by an ... See all stories on this...
GBP/USD Experiences Profit-Taking Despite Stronger Than Expected Services PMI
By Fast Brokers - The Cable’s intraday rally topped out at our 1.6679 resistance, or October 30 highs, as we...
Dollar continues to weaken across the board
The Dollar is continuing to weaken across the board as markets dismiss the idea of early US rate hikes and get back to doing what they like best which is sell Dollars. Eur/Usd has moved past offers at 1.4070 with ease and is now closing in on 1.4100. Cable is in the same boat with the move above...
NYSE Euronext, Deutsche Boerse End Business Deal
NYSE Euronext (NYSE:NYX) and Deutsche Boerse announced today that they were ending their yearlong merger push, in the light of the decision by...