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FOREX VIDEO - Pre London Outlook August 11th 2009
Hi everyone, for this London outlook I analyze and old favorite the Aussie USD and the Pound Yen. Although I concentrate on the Aussie USD the analysis applies broadly to the USD and Yen in general. The Aussie keeps producing lower highs on a 4 hr level leading us to a downside bias and the Pound...
Dollar Resuming Rebound after Durable Goods Disappointment
Dollar is set to resume yesterday’s rebound after disappointing durable goods orders released in US. Headline orders unexpectedly dropped -2.4% in August versus expectation of 0.1% rise. Ex-transport orders was flat comparing to consensus of 0.8% rise. The greenback is additional lifted by...
UK economy weak but improving
That would seem to sum up the prognosis for 2009-2010 from the Confederation of British Industries. Sterling is steady this morning at 1.6440 and .8515 against the USD and EUR...
Watching Canadian Dollar
We are going to keep an eye on the Canadian Dollar today. The Bank of Canada’s governor is giving a speech today...
Japanese Industry Lagging Behind
Source: ForexYard An index which measures the change in industry activity in Japan revealed this morning that the island nation may be experiencing...