The dollar fell below Y86 for the first time in eight months on Friday as mounting concerns about the US economy led to broader weakness for the greenback
Weak growth weighs on dollar
Source: www.ft.com
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True Trend Indicator | True Trend
Hello Jordan, I do see that you look at both the True Trend and Stochastic's to give you an idea of the strength or change of the current trend, however as you mentioned below - isn't it wiser to sell rallies on downtrends and buy pullbacks on uptrends. I do see that the play below did work...
Stops outweighing bids in USD/JPY
Dealers report heavy selling of USD/JPY which the bids at 97.50 have not quite been able to soak up, 42 the low so far. Corporate offers have been lowered so expect stiff resistance at 98.10/20 on any...
FOREX VIDEO - ASIAN OUTLOOK NOVEMBER 25th 2009
Hello everyone. The GBP/JPY continues to set up nicely. Getting some much needed cooperation from the USD/JPY component of this pair. Looking for another down day...
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