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Dollar gets a small boost at the start of the European trading day
Dollar-yen briefly breaks 90.00 trading to 90.05 and Euro-dollar and Sterling drop slightly to 1.4623/26 and...
Public holiday in Australia should ensure quiet session for AUD
I have heard of some stop-losses building below .7875 in the AUD/USD but with Australia closed for a public holiday, these will probably be safe until Europe step in. An interim top now looks to be in place at .8250 and the first big technical support level is a 38.2% pullback at...
Throwing Your Money Away: Why the Safest Investments Are the Riskiest
An obsession with safety will actually cause you to lose purchasing power. Back in May of 2009, Bill Gross – Founder and Co-Chief...
HK forex reserves at $205.1 bln at end-May - HKMA
HONG KONG, June 8 (Reuters) - Hong Kong's official foreign currency reserve assets stood at $205.1 billion at end-May, the Hong Kong Monetary Authority said ... See all stories on this...
US index test critical Fibo support
As noted earlier, 78.49, the 61.8% Fibo is a quite important level. it was test but is holding by a thread at the...