outlook for fx rates in coming days

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Intra-day Eur/usd Outlook By Acetrader

INTRA-DAY EUR/USD OUTLOOK: 1.2623Updating time :18 Nov 2008 04:17 GMTEuro's recovery after finding buying interest at1.2601 suggests further consolidation abv there wudbe seen n gain to 1.2660/65 cannot be ruled out b4decline fm 1.2742 (y'day's high) resumes later.Stand aside n look to sell on further recovery.Below sup at 1.26

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Forex: Greenback "could weaken quickly and dramatically" says Mizuho

FXstreet.com (Barcelona) - After falling strongly in the last week against the rest of the majors, Dollar seems to decline further in the coming days, in fact, according to Mizuho, USD could weaken dramatically. Mizuho says that Brazil?s President Lula and China's Hu Jintao suggested bilateral trades should be settled in different currencies than Dollar.Last week, USD lost 3.80% against EUR after reaching 1.4050, 4-month high, also against GBP, Cable rose 4.90% in the last week and the pair posted

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Forex: GBP/USD jumps above 1.5600 and reaches 1.5625, new 6-months high

Fxstreet.com (Barcelona) - GBP/USD is rising with a strong pace in the last hour after the Wall Street opening, Cable has risen around 150 pips from 1.5475 to reach new 6-months at 1.5625. Currently the pair is trading in its highest levels around the 1.5620, 0.80% above today's opening price action.US Market's gains have been widespread on Wednesday's session with companies such as American Express, Caterpillar or McDonalds booking strong gains. Financials, energy and basic materials have driven the S&P

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Sterling Stronger Despite Expected UK Admission of Forecasting Error

The pound sterling is stronger on Monday after the Financial Times published an article suggesting UK Chancellor Alistair Darling is expected to admit to the largest forecasting error in the history of his position.According to the Financial Times, Darling is expected to admit that the recession in the UK is worse than expected, marking the largest forecasting error in the history of his position. The announcement will come on April 22 when his department unveils its budget

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Stock Correction Coming?

A good Friend of mine was on CNBC today.more information about Romain Delacretaz on Bourse Institute

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Commodity Currencies Could Benefit from Less Gloomy Fed Outlook

Positive comments from the Fed could help to support commodity currencies, according to strategists.The FOMC interest rate decision was relatively in line with expectations. However, some currency strategists said the Fed presented a less gloomy outlook on the economy.In the monetary policy statement, the central bank said there are some signs that the economic outlook is improving, with the stabilization in consumer spending and a slower pace of economic contraction.Although the economic outlook has improved modestly since

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Vend Livre Trading Sur Forex Raghee Horner

Bonjour, suite à un double achat (personnel + cadeau de ma famille), je vend l'exemplaire que j'ai en double du livre de Raghee Horner (trading sur le forex pour des gains maximums) qui est disponible depuis seulement quelques mois en france. Vendu 47,5 euros dans le commerce, je le laisse à 37 euros frais de port compris.

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Euro Going Down To 1.15???

The first wave down within a (©) leg is complete, being recovery at this moment by (ii) with a target between 0.5 and 0.382 fib zone.http://www.torosyososfx.com.ar/psfree.htm[attachmentid=996]

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Intra-day Eur/usd Outlook By Acetrader

INTRA-DAY EUR/USD OUTLOOK: 1.2623Updating time :18 Nov 2008 04:17 GMTEuro's recovery after finding buying interest at1.2601 suggests further consolidation abv there wudbe seen n gain to 1.2660/65 cannot be ruled out b4decline fm 1.2742 (y'day's high) resumes later.Stand aside n look to sell on further recovery.Below sup at 1.26

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3-dec: Another Day Another Dollar Rise! (eur/usd)

The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week. The dollar strengthens once again against the euro and the other major counterparts in correlation with the stocks performance the last few days. DOW JONES gained slightly yesterday after the big fall of 700 points that we witn

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