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TODAY'S TIP
Euro/dollar consolidation process narrows the range: Category: Forex Forecasts & Signals |
EUR/USD (1.3643)
European & US sessions forecast levels: 1.3455/1.3840
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 8:30 AM M Continuing Claims, Initial Claims, Trade Balance,
Daily Strategy: The euro/dollar consolidation process continues as the consolidation narrow in a short range. This process is a signal for expecting fast movements out of the consolidation process today or tomorrow. If the euro/dollar break above 1.37 is possible to see fast euro rise up above...
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EUR/USD consolidating process at 1.35/1.38 continue: Category: Forex Forecasts & Signals |
EUR/USD (1.3600)
European & US sessions forecast levels: 1.3455/1.3840
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 10:00 AM Wholesale Inventories, 2:00 PM Treasury Budget, 2:00 AM Germany Current Account, Trade Balance, CPI, HICP, 2:45 AM France Industrial Production.
Daily Strategy: The traders back on safe stopping the risky assets trading. It is necessary new fresh data to move the forex market. The trading consolidates in the range between 1.35 and 1.38 for couple...
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Review of Last Week - Energy: Category: Energy Market |
Crude Oil – US crude oil futures ended at their highest level in nearly eight weeks on Friday, rallying with Wall Street, as government data showed that US employers cut a smaller number of jobs than expected in February, bolstering economic recovery hopes. Crude gained sharply along with a wide array of commodities as investors bet on higher raw materials demand and firm interest rates should the economy recover.
US crude oil stockpiles rose more than forecast last week as imports continued...
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Posted by Hymarkets on March 9, 2010 at 03:13 PM |
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The Midas touch – Gold strengthens: Category: Metal Market |

• Gold shares an inverse relationship with the US Dollar (USD) and is generally seen as a safe haven when investors become risk adverse.
• As we mentioned a few weeks ago, it has therefore seen a climb upwards on the back of global economic concerns since the start of the recession – it rose by 24% last year as the dollar fell 4.2 percent.
• If we look at Gold over the past week in the chart above we see a huge rally...
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Posted by Hymarkets on March 9, 2010 at 03:11 PM |
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The dollar starts with the recovery by Friday-Monday losses: Category: Forex Forecasts & Signals |
EUR/USD (1.3618)
European & US sessions forecast levels: 1.3455/1.3840
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus:
Daily Strategy: The dollar slowly recovery started after the end of risky appetite speculations. The crisis in Greece will probably spread fast in the European Union includes the countries using the single currency. The traders will back to the dollar as safe currency. Also the dollar will continue rise due too the positive news in the world...
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The dollar may continue lose before strength again: Category: Forex Forecasts & Signals |
EUR/USD (1.3674)
European & US sessions forecast levels: 1.3455/1.3840
Trend Sessions: European: Neutral/Upward
US: Neutral/Downward
Market Focus:
Daily Strategy: The better than expected U.S. jobs data do not help to the dollar on Friday and Monday open. The traders trade against the positive news for the U.S. economy. It is expecting the effect of the dollar strength to continue not more than two days. It is close the time when many traders will turn the positions into short as it is...
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U.S. jobs report on focus today after the Greece debt hopes over: Category: Forex Forecasts & Signals |
EUR/USD (1.3580)
European & US sessions forecast levels: 1.3455/1.3840
Trend Sessions: European: Downward
US: Neutral/Downward
Market Focus: 8:30 AM Unemployment Rate, Non-farm Payrolls, Hourly Earnings, Average Workweek, 3:00 PM Consumer Credit, 6:00 AM Germany Factory orders.
Daily Strategy: The Greece hopes for fast cut of the debt erase today as the dollar start new gains against the euro. The dollar will continue with the gains ahead the key Friday’s jobs report. Although the...
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The Greece problem will escalate by rising strikes: Category: Forex News |
The strike in Greece may escalate, as the rescue government plan will fail. The government takes decision to raise the taxes in Greece that may cause wave of strikes in the southeast European country. The fuels, tobaccos, alcohol, VAT taxes, cutting salaries and so on could help to the country to take control over the rising national debt but the population may not allow to do it easy. The crisis from Greece may spread in other countries close to Greece like Bulgaria, Romania, and Italy also to...
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