AUDUSD broke above 0.9404 (2009 high) and reached as high as 0.9457 level. Minor consolidation of uptrend would more likely be seen in a couple of...
AUDUSD broke above 2009 high
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Obviously the model is still out of form!
Apologies for the slight break in transmission, suffered some minor technical difficulties. Not much has luckily happened in the interim although the s/t model signal isn’t looking too good with EUR/JPY drifting lower, currently at 136.85. Maybe we should use them as a reverse indicator and...
Follow Interest Rates: Fundamental FOREX Trading
WAYNE MCDONELL Wayne McDonell explains why monitoring interest rates plays such a crucial role in effective analysis of both the currency and stock markets. Released: 6/24/2009 Focus:...
FOREX-Dollar posts sharp gains after US jobs report
By Gertrude Chavez-Dreyfuss NEW YORK, June 5 (Reuters) - The dollar rallied on Friday, on track for its largest weekly gain in nearly two months against a ... See all stories on this...
Chinese President in Russia for BRIC meeting
President Hu Jintao is in Russia for meetings with Brazil, India and Russia. We can expect to see and hear more of the same confirmation that the USD is still the accepted global reserve currency but that some diversification is needed in coming...
FOREX-Dollar near 15-mth lows, pound down on Fitch warning
TOKYO, Nov 10 (Reuters) - The dollar hovered just above a 15-month low against a basket of currencies on Tuesday as investors looked to return to leveraged carry trades, while sterling tumbled after a warning on Britain's credit rating. Fitch Ratings said that of the four major economies with AAA...