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Day: August 15, 2007
August 152007
Dollars Benefits from Excessive Euro Liquidity
EUR/USD hit its new significant bottom near 1.3455 level after dollar continued to grow on the high Euro liquidity level and good economical releases from U.S. Next technical support for EUR/USD lies near 1.3330 mark, so it is reasonable to expect some more USD rallying by the end of this week or next week.Consumer Price Index (CPI) report, released by Bureau of Labor Statistics, showed 0.1% growth […]
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August 152007
Neuimex Faces Bancruptcy
Neuimex Forex broker, which offered Metatrader 4 trading with e-gold support since 2005 is now bankrupt and is in process of liquidation. The process began in March this year, but many of its clients are still unaware of this because of a lack of any news from Neuimex. The Swiss Federal Banking Commission (SFBC) opened bankruptcy proceedings against Neuimex Asset Management AG with effect as of March 30, […]
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