By Forexpros | Forex News | Jan 29, 2012 11:30PM GMT The pair was likely to find support at 1.5534, Wednesday's low, and resistance at 1.5741, Friday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, ...See all stories on this topic »
Forex - GBP/USD down during the Asian session
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GBP/USD intraday seasonality overview, 2003-2010
This GBP/USD report continues a new series of reports about intra-day "seasonality" effects in FX, gathering facts on the ground for an upgrade of the hour-scale algorithmic forecasting system. From the point of view of this approach and the features it reveals, GBP/USD is somewhat similar to...
China’s Industrial Output for May rumoured to be higher than expected
There is a story printed in today’s HK newspaper, Ming Pao Daily, that the upcoming Chinese May Industrial Output number will show growth of 8.9% yoy. If this is true it will be much greater than the median forecast of 7.6% that the market is expecting and should cause a stir in the currency...
ANZ job ads fell by 0.2% in May
This was the 13th straight month of...
Supreme Court grants stay, puts Chrysler sale to Fiat on hold
Chrysler will not be able to close its sale to Fiat until it gets approval by the US Supreme Court. The Court upheald an appeal for a dealy by pension funds who feel they were robbed in the reorginization process by the Federal...
EurUsd
Look for Eurusd to reach at least 1.48 in less than 24 hours. Probably will clear it, even if for a moment. Going to be lots of risk interest with the markets in good shape this...