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Forex: EUR/USD: Euro picks up and reaches 1.3900 resistance

FXstreet.com (Barcelona) - The Euro is trying to shrug off recent weakness, and after bouncing at 1.3825 support, the Euro has risen to 1.3900 resistance level, and, at the moment of writing, the Euro trades at 1.3890.Despite the recent rebound, Jamie Saettele, technical analyst at DailyFX sees the Euro on a bearish trend while below 1.4181: There is no change to the bearish outlook. Staying below 1.4181 keeps the trend pointed down. The series of lower highs and

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EU Preview: Investors Question Recent Strength in Euro Ahead of ECB Meeting

Investors appear to be questioning the recent strength of the euro ahead of the European Central Bank's interest rate decision on Thursday, according to currency strategists.The euro remains under significant pressure following Friday's massive selloff. EUR/USD dropped more than 3 cents on Friday in what was the biggest one-day selloff in two months. According to some currency strategists, the capitulation in the cross provides some risk that markets are expecting the ECB to announce some quantitative easing

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EUR/USD: Euro weighed by swine flu, UBS advices caution

FXstreet.com (Barcelona) ? Swine flu has had its impact on Forex markets, USD and JPY have been favoured by risk aversion, while GBP and EUR have been driven to recent lows. According to the UBS Bank, swine flu has been the main reason for recent Euro and Pound declines: ?While all currencies were shaken by the swine flu, risk unwinding continued to support the JPY and the USD and put pressure on the EUR.?UBS Bank advices caution on Euro

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Ethiopian Birr / Euro converter (ETHIOPIA / SPAIN)

Ethiopian Birr / Euro converter (ETB / EUR) will convert the currency of ETHIOPIA in currency of SPAIN with the actual exchange rate.

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RTFX Trend Indicator : USD/JPY Haussier, USD/CAD Baissier, AUD/USD Neutre.

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BOE's Sentance Says Recent CPI Data Points to Short-Term Pound Effect

Frankfurt - Bank of England Monetary Policy Committee member Andrew Sentance said the UK inflation data released on Tuesday reflected the short-term impact of the pound's depreciation.Earlier in the week, the Office for National Statistics reported that UK annualized inflation accelerated to 3.2% in February, up from both the 2.6% figure expected and January's 3.0% rate.However, Sentance said that while the fall in inflation may take longer than the BOE presently expects, CPI will resume its downward trend.

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Sterling continues Bullish trend

FXstreet.com (Buenos Aires) - Bullish trend continues after due correction, and pair is approaching to yesterday?s high around 1.5350. Extension above that level could trigger bullish momentum in the pair, despite momentum in the hourly presents a bearish divergence.Bigger time frames also seem a bit exhausted yet, no other signs of reversal yet. Valeria Bednarik, collaborator at FXstreet.com said: ?Expect more gains in the pair, as long as price remains above the 20 SMA.?For more information, read our latest

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Gold / Pakistan Rupee converter (- / PAKISTAN)

Gold / Pakistan Rupee converter (XAU / PKR) will convert the currency of - in currency of PAKISTAN with the actual exchange rate.

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