Mon, 18 Aug 2008 09:42:06 MDT
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Written by DailyFX Research Team
The US Dollar could reverse gains as Bernanke speaks this week. The Euro will take its lead from ECB rate speculation. Yen price action to see risks remain high for carry-trade selloffs. British Pound forecasts remain bearish.
Sat, 09 Aug 2008 07:31:03 MDT
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Written by John Kicklighter
The USD currency made its move across the board, taking out significant technical levels against most of its major counterparts and marking its biggest one-day advance on a trade-weighted basis in over five years.
Tue, 05 Aug 2008 20:52:07 MDT
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Written by Antonio Sousa
The U.S. Federal Reserve left the Fed Funds rate unchanged at 2 percent as widely expected by the market. The Federal Reserve believes that growth risks are now fairly balanced with inflation concerns and the substantial easing of monetary policy to date should help to rescue the U.S. economy from technical recession.
Thu, 17 Jul 2008 06:00:56 MDT
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Written by Boris Schlossberg
There is a chance that wave i of 3 is near complete and that a setback, ending near 1.5840, will begin soon. However, this is a major breakout and the potential for extension does exist. Short term traders would be served well be lightening up on longs since this is just the second test of 1.60.
Sat, 05 Jul 2008 05:38:47 MDT
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Written by Kathy Lien and Boris Schlossberg
One of the most dominant trends in the financial markets in the first half of 2008 has been relentless US dollar weakness. Not only did the movements in the greenback impact the values of many currencies around the world, but the dollar has also contributed significantly to the rally in oil prices and by extension, the turbulence in equity and bond markets.
Mon, 23 Jun 2008 16:00:57 MDT
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Written by Moshe Shalom
The EURUSD is very near a decision point with a bias to the upside. The weekly graph of the pair will tell you why: The 1.55 area (1 black) is where you can find a conversion of many interesting line
Thu, 12 Jun 2008 06:04:55 MDT
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Written by Moshe Shalom
Australia and New Zealand are two economies that are connected to the Asian Boom. They are also two economies with some orientation to natural resources and high interest rates.
Tue, 10 Jun 2008 18:00:51 MDT
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Written by DailyFX Research Team
There has been a lot of speculation about the possibility of currency intervention in the US dollar. In the past year alone, the US dollar has fallen 15 percent in value against the Euro, 18 percent against the Swiss Franc and 13 percent against the Japanese Yen.
Fri, 06 Jun 2008 13:14:46 MDT
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Written by Jamie Saettele
The EURUSD has finally turned as we had been expecting for the last week. 1.5364 is viewed as a significant bottom and price is expected to exceed 1.5817 in the next few weeks.
Tue, 03 Jun 2008 16:13:16 MDT
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Written by Moshe Shalom
For some time now, I have found that linear support and resistance levels are not giving the best of results in some of the assets. On the other hand, if you create a slanted set of parallel lines, you can get much better correlation and reaction points.
Wed, 28 May 2008 17:29:24 MDT
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Written by Moshe Shalom
Gold is the asset that shows you two things: How the US Dollar is faring and how high is the fright of a financial meltdown. This is why it is quite important for FOREX traders to be up to date in the situation of the metal.
Sat, 24 May 2008 06:06:04 MDT
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Written by Kathy Lien
Oil prices are rising and the US dollar is falling, but is this the natural relationship between these two assets? Taking a look back at the two prominent oil shocks of the past four decades (1973 and 1979), we see that this is not necessarily the case.
Wed, 21 May 2008 08:55:17 MDT
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Written by Moshe Shalom
Sometimes you see something in the charts and you say: Wow! If this is a valid setup the gains could be phenomenal. This is the case now for the AUDUSD.