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Day: October 3, 2009
October 32009
Will the Dollar Rebound Before 2009 Ends?
The dollar had one of the best weekly performance in months gaining versus most of the 16 main traded currencies as the Group of 7 suggested that a strong greenback is important to guarantee a fast and sustainable world economic recovery. Multiple finance ministers and central bank policy makers from the wealthiest nations in the world affirmed in a G-7 meeting which took place in Istanbul that a strong dollar is essential for the stabilization of the world economy, providing […]
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October 32009
Forex Technical Analysis for 10/0510/09 Week
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4223 1.4352 1.4463 1.4591 1.4703 1.4831 1.4943 GBP/USD 1.5411 1.5590 1.5767 1.5946 1.6124 1.6303 1.6480 USD/JPY 86.36 87.29 88.54 89.47 90.72 91.66 92.91 EUR/JPY 126.28 […]
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