| 2008-07-05 15:45:22 | Weekly Review and Outlook | FxStreet |
Action Insight Weekly Review and Outlook EUR/USD Pullback on Trichet, Fedspeaks ahead Dollar staged a strong rebound last week, helped by ECB Trichet downplaying the chance of another rate hike from ECB after raising rates by 25bps to 4.25% on Thursday. But the biggest winner was indeed the Aussie which with respective crosses topping the top movers chart even though RBA was on hold and sounded slightly dovish. Also, the rebound in dollar is viewed as a profit taking correction ahead of a long
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| 2008-07-05 03:22:31 | USDCHF rebounded from 1.0111 | FxStreet |
Being contained by the support of the price channel, USDCHF rebounded from 1.0111. The pair might be forming a cycle bottom on daily chart. Further rise to test 1.0539 previous high resistance is still possible in next several days, a break of this level will confirm the cycle bottom and signal resumption of long term up trend. For long term analysis, USDCHF formed a long term cycle top at 1.0623 on weekly chart. Consolidation in a range between 0.9634 and 1.0623 is expected. Up trend will
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| 2008-07-04 20:49:53 | Gold Cools After Hitting Target | FxStreet |
Gold has hit our target of 940.29, and has since cooled a bit to 931.70. Now support is waiting at 928.06, 922.25, 917.58, and 908.25. If price manages to break above 940.29, then the next targets are currently waiting at 960.10, then 992.14.
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| 2008-07-04 18:18:53 | British Pound Faces Bank of England Rate Decision | DailyFX |
The currency pair with the most market moving data next week is the British pound. The Bank of England has an interest rate decision scheduled while the...
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| 2008-07-04 18:18:53 | British Pound Faces Bank of England Rate Decision | DailyFX |
The currency pair with the most market moving data next week is the British pound. The Bank of England has an interest rate decision scheduled while the...
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| 2008-07-04 18:17:43 | Japan: Busy Economic Calendar | DailyFX |
In contrast to the US, Japan has a very busy economic calendar next week with the Eco Watchers survey, machine orders, trade balance, corporate goods price...
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| 2008-07-04 18:17:43 | Japan: Busy Economic Calendar | DailyFX |
In contrast to the US, Japan has a very busy economic calendar next week with the Eco Watchers survey, machine orders, trade balance, corporate goods price...
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| 2008-07-04 18:16:44 | Euro: No Bias Equals No Action | DailyFX |
The Euro has weakened modestly against the US dollar following a surprising drop in German factory orders. For the sixth month in a row, factory orders...
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| 2008-07-04 18:16:44 | Euro: No Bias Equals No Action | DailyFX |
The Euro has weakened modestly against the US dollar following a surprising drop in German factory orders. For the sixth month in a row, factory orders...
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| 2008-07-04 18:12:40 | Australian, New Zealand and Canadian Dollars Edge Higher | DailyFX |
The Australian, New Zealand and Canadian dollars edged higher today as the US dollar retraced its gains. Canadian IVEY PMI came out 69.6, much stronger...
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| 2008-07-04 18:12:40 | Australian, New Zealand and Canadian Dollars Edge Higher | DailyFX |
The Australian, New Zealand and Canadian dollars edged higher today as the US dollar retraced its gains. Canadian IVEY PMI came out 69.6, much stronger...
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| 2008-07-04 18:08:40 | Will the G8 Meeting Impact the US Dollar? | DailyFX |
- Euro: No Bias Equals No Action - British Pound Faces BoE Rate Decision
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| 2008-07-04 18:08:40 | Will the G8 Meeting Impact the US Dollar? | DailyFX |
- Euro: No Bias Equals No Action - British Pound Faces BoE Rate Decision
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| 2008-07-04 16:44:19 | 2008 Third Quarter Currency Market Forecasts | DailyFX |
One of the most dominant trends in the financial markets in the first half of 2008 has been relentless US dollar weakness. Going into the third quarter,...
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| 2008-07-04 16:44:19 | 2008 Third Quarter Currency Market Forecasts | DailyFX |
One of the most dominant trends in the financial markets in the first half of 2008 has been relentless US dollar weakness. Going into the third quarter,...
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| 2008-07-04 16:34:08 | Is there a top in place on the EUR/USD? What of the AUD/USD | FxStreet |
EUR/USD As one of my mentors ‘Zoltan Vass’ would say; Believe what you see! Once again we have seen another volatile reaction after important economic news. And this was the strongest reaction so far. It is also important to note (as Zoltan pointed out to me) that this reaction is quite a contrary move to the news that preceded such a strong rejection. How to trade this For now it is best to look for selling opportunities. Thursday’s move produced a strong Engulfing Bearish candle and all
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| 2008-07-04 16:04:30 | Can FDI be sustained in CEE? | FxStreet |
Integration into the EU has supported large capital flows into new EU member states. Foreign direct investments (FDI) have hence increased rapidly, and have to a large extent financed large C/A deficits. In the coming years we, however, see large risks that these flows could decline in most countries in CEE, SEE and in the Ukraine and Kazakhstan. Below we present some arguments for this view. First, historical FDI in the EU8+2 has to a large extent reflected privatisation revenues, and since
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| 2008-07-04 15:06:18 | Euro Correction Unfolding | DailyFX |
As we noted yesterday, "The next and #145;significant? move should be back to 1.57 (at least). As such, lighten up on longs at this point."
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| 2008-07-04 15:06:18 | Euro Correction Unfolding | DailyFX |
As we noted yesterday, "The next and #145;significant? move should be back to 1.57 (at least). As such, lighten up on longs at this point."
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| 2008-07-04 15:06:06 | Europe Session Performance | FxStreet |
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