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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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]
is the euro going down - euro going down - where is the euro going
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
intraday eur usd - eur usd outlook - outlook for fx rates in coming days
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
another - will the dollar rise in 2009 - dollar rise today causes
Chart Of The Day - 12/11/2008 - Eur/usd
Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend line in green; downtrend line in red; horizontal support/resistance levels in yellow; chart pattern in magenta; Fibonacci retracement levels in grey; 50-period simple moving average in light blue.)12/11/2008 EUR/USD Thursdays price action on
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