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Cross plays still the dominant factor
Same as yesterday morning, GBP and AUD higher with the USD, EUR and JPY lagging. I have important Fibo support in the EUR/GBP at .8490 which is holding thus far but a break should see a swift test of .8200/50. Both AUD/USD and cable are headed for re-tests of last weeks highs at .8260 and 1.6660...
Cable losses stop just shy of rumoured barrier option at 1.6000
Thin Friday trading conditions are keeping traders guessing with Cable under renewed attack. So far we’ve hit 1.6002, but bounces have been shallow and are being sold into agressively. If we don’t get through the 1.60 level soon though, look for a short squeeze to...
HISTORICAL FOREX DATAS - InformedTrades
Where i can i can get the historical data of Forex Pairs and days/weekly/monthly gainers and losers & active pairs data. I like to know the usd is. InformedTrades -...
EUR/USD weighed down; West LB in focus
EUR/USD has fallen back into the 1.3830s. A story on the Dow Jones wire that German banking giant West LB was almost shut down over the weekend is helping prompt a flight to safety. For a change, the dollar is providing that safe haven role again. Rising US yields have been a big boost for the...
Central Bank of The Gambia Cut Rate 100bps to 13.00%
The Central Bank of The Gambia cut its rediscount rate by 100 basis points to 13.00% from 14.00% previously, and left the...