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Day: February 9, 2008
February 92008
Joaquin Almunia: Euro Above Equilibrium
Today before the G7 meeting in Tokyo, Japan, Joaquin Almunia, who is currently European Commissioner for Economic & Financial Affairs, told the reports that the European currency is still above its fair value. Despite the euro has already stopped its fast appreciation against the U.S. dollar, started a possibly strong decline against the Japanese yen and now is growing only against […]
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February 92008
Forex Technical Analysis for 02/1102/15 Week
EUR/USD trend: sell. GBP/USD trend: sell. 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 1.3939 1.4189 1.4348 1.4598 1.4757 1.5007 1.5166 GBP/USD 1.8900 1.9144 1.9300 1.9544 1.9700 1.9944 2.0100 USD/JPY 104.32 105.12 106.22 107.02 108.12 108.92 110.02 EUR/JPY 148.97 […]
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