Following six straight weeks of improvement in the euro futures positions that coincided with a rise for the EUR/USD pair over 1.3300, forex...
Forex: Speculators increase short Euro positions for a second week
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IMF bonds: Less than meets the eye
The latest hysteria to hit the FX market is the fear that emerging powers like China, Russia and Brazil will pull funds out of US reserves and pump them into newly issued IMF debt. There are a couple of problems with this notion. For one, the bonds are not meant to be marketable. This will be a buy...
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USDCHF breaks above downward trend line
USDCHF breaks above the downward trend line on 4-hour chart, suggesting that a cycle bottom has been formed at 0.9114. Further rally would likely...
Dukascopy Afternoon Forex Overview - Sept 23 09
Previous session overview The dollar stabilized Wednesday in early New York trading, after falling overnight to a fresh 12-month low against the euro and 13-month lows versus the New Zealand and Australian dollars. But after the rally for riskier currencies in Asian trading, caution has re-entered...
GBPUSD stays in a trading range between 1.5535 and 1.5712
GBPUSD stays in a trading range between 1.5535 and 1.5712. Another rise towards 1.5712 key resistance would more likely be seen later today, a...