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Day: August 16, 2008
August 162008
Forex Technical Analysis for 08/18—08/22 Week
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4115 1.4388 1.4538 1.4811 1.4961 1.5234 1.5384 GBP/USD 1.7619 1.8066 1.8363 1.8810 1.9107 1.9554 1.9851 USD/JPY 106.64 107.48 108.99 109.83 111.34 112.18 113.69 EUR/JPY 156.39 […]
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August 162008
Atlanta Fed Chief Prefers Current Rates
Dennis Lockhart, Federal Reserve Bank of Atlanta President, said that he prefers the current interest rate as the uncertainty regarding the growth and inflation prevails in U.S. He thinks that the rates will be kept unchanged at 2 percent during the next meetings until the end of the year. But debates about raising the rates may arose if the inflation continues to accelerate, said Lockhart in an interview […]
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