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Intra-day Eur/usd Outlook By Acetrader

Updating time : 26 Aug 2008 04:28 GMT Euro's cross-inspired selloff to 1.4704 suggestsre-test of y'day's low at 1.4696 wud be seen afterconsolidation n below there wud extend near term decline fm 1.4909 to 1.4670/75 b4 prospect of a bounce due to 'loss of momentum'. Incline to sell on recovery stop as indicated,abv wud risk

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Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - Rabobank

!--TITOL: h1Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - RabobankFITITOL--FXstreet.com (Barcelona) - The Euro has been appreciating during the last three-weeks from 1.2880 low on April 22, reaching 1.3722 high on May 12, ever since, the Euro has weakened, reaching 1.3425 low so far on Monday, according to a href=http://www.rabobank.com/research/file/weekly/fmr_weekly.pdfRabobank/a, Euro weakness will prevail, driving the Euro to levels below 1.30 in one month time.br /br /The a href=http://www.rabobank.com/research/file/weekly/fmr_weekly.pdfRabobank/a weekly technical forecasts, advances the Euro-Dollar

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Sterling Slides After Downbeat Outlook for UK GDP

The pound sterling is relatively weaker after a slight downward revision to fourth quarter GDP, along with comments from the Bank of England's Chief Economist expecting more of the same in Q1.UK fourth quarter GDP was revised to a 1.6% contraction despite expectations for no change to the preliminary 1.5% decline. Meanwhile, Bank of England Chief Economist Spencer Dale has he expects Q1 GDP results to be similar to those of Q4, but he added that large

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Eur/usd Daily Outlook

EUR/USD's rally extends further to 1.3499 today and is now pressing medium term falling trend line resistance (1.6038, 1.4867, now at 1.3467). At this moment, intraday bias remains on the upside as long as 1.3250 minor support holds and further rise should be seen to 100% projection of 1.2329 to 1.3290 from 1.2549 at 1.3510. Though, as price ac

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Daily Technical Outlook On Gbp/usd By Acetrader

Updating time : 16/07/2008 00:36 GMT GBP/USD - 2.0053...Cable rallied to its highest since May at 2.0162 y'dayon dlr's broad-based weakness n also stronger-than-expected CPI n RPI data whichimplied that the BOE wud refrain fm cutting interest rates in order to combatinflation, however, the British pound retreated later in the day to 2

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Intra-day Eur/usd Outlook By Acetrader

Updating time : 26 Aug 2008 04:28 GMT Euro's cross-inspired selloff to 1.4704 suggestsre-test of y'day's low at 1.4696 wud be seen afterconsolidation n below there wud extend near term decline fm 1.4909 to 1.4670/75 b4 prospect of a bounce due to 'loss of momentum'. Incline to sell on recovery stop as indicated,abv wud risk

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Weekly Technical Outlook On Usd/chf By Acetrader

Updating time : 03/11/2008 00:25 GMT USD/CHF - 1.1560... Dlr hit a one-year high at 1.1748 last month (Oct 24)b4 retreating to 1.1200 on active cross buying in chf (the flight to safety ledeur/chf to decline to a record low at 1.4300), however, the greenback rose again to 1.1688 (Friday's high) as traders covered their short positions n

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Intra-day Gbp/usd Outlook By Acetrader

Updating time : 20 Oct 2008 07:22 GMT As cable's upmove has gathered momentum, suggesting erratic rise fm 1.7136 low remains in progressn gain twds 1.7525/35 wud be seen, however, o/bot condition shud limit upside n reckon 1.7575/80 wudhold fm here. Raise long entry with stop as indicated, breakwud risk 1.7400 b4 up...Range Forecast+1.744

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Forex - Dollar rises as Obama win help US economic outlook

The Dollar rose against a basket of major currencies on Wednesday after posting its biggest one-day slide in 13 years the previous day, as Democrat Barack Obama won the US presidential election. The Dollar was also helped by news that the Democrats expanded their majorities in both chambers of the US Congress in Tuesday's election to position t

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Intra-day Usd/chf Outlook By Acetrader

Updating time : 15 Jul 2008 02:26 GMT As dlr has fallen after meeting renewed sellingat 1.0175 (Aust.), re-test of y'day's low at 1.0130is seen n break there wud confirm recent declinehas resumed, extend weakness to daily sup at 1.0112n possibly later twds 1.0080/90. Sell on recovery with stop as indicated, abv wudrisk 1.0200/10 but 1.0

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