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Bearish trend for US dollar continues in forex trading today
The bearish trend for the US dollar shows no sign of abating, with the daily USD index chart plunging ever lower this morning. The problem for the US currency is that it is being pressured lower both from a technical and fundamental perspective. The FED policy of further quantitative easing is...
Gold Finds Comfort in Our 2nd Tier Downtrend Line
By Fast Brokers - Gold continued Monday’s pullback on declining volume has investors locked in profits from the...
FOREX-Ireland downgrade hits euro, dollar extends rally
By Steven C. Johnson NEW YORK, June 8 (Reuters) - The euro slumped against the dollar on Monday as another sovereign downgrade for Ireland helped the US ... See all stories on this...
Canadian Retail Sales rise more than expected. CAD rises in currency trading today.
July 22nd - Retail sales increased by 1.2 percent to C$34.0 billion in May following a decrease of 0.6 percent in...
JUNE 8 - PROSTICKS ICHIMOKU FOREX TECHNICAL REPORT FOR EUR, GBP ...
Friday's low was right at our stop level at 1.3930 and our long position was stopped out for profit. Daily closed with upper extreme tail at 1.4220 , weekly ... See all stories on this...