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Day: January 5, 2008
January 52008
Forex Technical Analysis for 01/0701/11 Week
EUR/USD trend: sell.GBP/USD trend: hold.USD/JPY trend: sell.EUR/JPY trend: sell. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4340 1.4454 1.4597 1.4711 1.4854 1.4968 1.5111 GBP/USD 1.9144 1.9409 1.9573 1.9838 2.0002 2.0267 2.0431 USD/JPY 102.01 104.96 106.78 109.73 111.55 114.50 116.32 EUR/JPY 151.94 155.84 157.96 161.86 […]
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January 52008
Rising Chile’s Inflation May Cause Another Rate Hike
Chile’s Consumer Price Index increased unexpectedly last month by more than analysts forecasted, increasing the odds that the Central Bank of Chile will raise the refinancing interest rate on the next week’s meeting to fight the record breaking high inflation. Consumer prices rose 0.5% in December after 0.8% growth in November, the National Statistics Institute‘s […]
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