We are seeing US dollar weaknes across the board as EURUSD trades above 1.4040. Offers at 1.4060 look like they will be challenged very soon.
EUR at highs of the day
Source: www.forexlive.com
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Fourth order cumulant study with more FX rates and time windows
The previous study revealed the positiveness of the fourth-order cumulant among the logarithmic increments for 24-hour highs and lows in EUR/USD and the respective ForexAutomaton forecasts. By expanding the scope of the study to include all of the 14 most popular exchange rates, and by splitting...
FDIC – Troubled banks rises to 416
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Osborne and Azumi agree stay away from currency issues
Britain’s finance minister Georger Osborne and his Japanese counterpart, Jun Azumi, stay focused on the euro zone...
FOREX VIDEO - London Session Review - September 16, 2009
While we continued to short the (insert your favorite yen pair here) during the Pre-London and into early London sessions, we found ourselves reaching an important area of support on the USD/JPY not too long after the London open. Even though everything on the Yens looked to continue to the...
Chrysler sale to Fiat group gets Supreme Court go-ahead
This sale had been delayed as various interested parties took action in the Supreme Court but the deal is now set to be...