Day: November 14, 2009

November 14
2009

Canadian Dollar Bullish Versus U.S. Counterpart

The Canadian dollar had a second week of gains versus its U.S. counterpart specially as risk appetite rose this Friday as major European economies posted a quarterly economic growth, favoring commodity exporter countries currencies like the loonie in foreign-exchange markets. The loonie extended its gains before the end of this week’s session as the national trade balance posted a diminished deficit for the previous month, indicating that exports can overtake imports […]

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November 14
2009

Forex Technical Analysis for 11/16—11/20 Week

EUR/USD trend: sell. GBP/USD trend: hold. USD/JPY trend: sell. EUR/JPY trend: sell. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4574 1.4697 1.4801 1.4924 1.5028 1.5151 1.5255 GBP/USD 1.6186 1.6350 1.6514 1.6678 1.6841 1.7005 1.7169 USD/JPY 87.76 88.52 89.08 89.84 90.40 91.16 […]

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November 14
2009

Deposit Bonus from eForex Broker

Starting from next Monday — November 16th, and ending December 31st 2009, you can receive a generous bonus from eForex broker for your deposit to a real trading account. First of all, you get a free new account bonus of $25 just for opening an account. Second, you get the deposit bonus depending on the deposit amount: Deposit Bonus $500–2,499 $50 $2,500–4,999 $100 $5,000–9,999 $150 $10,000–19,999 $300 $20,000–49,999 $700 […]

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November 14
2009

Brazilian Real Ends Losing Streak on Global Optimism

After speculations suggesting that the Brazilian currency will suffer further interventions from the national central bank to stop is rally, the real had a negative performance this week that only ended today after global optimism rose attractiveness for assets in emergent markets. The Brazilian real managed to rise more than 1 percent versus the U.S. before the end of today’s session as positive data in Europe and Asia forced up […]

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November 14
2009

Chilean Peso Posts Biggest Gains Since June

The Chilean peso had the highest weekly rise in 5 months after the national central bank did not announce measures to halt the currency’s rally, leaving behind speculations that a government intervention will shun investors from the South American nation. After a Chilean government interest rate policy statement that did not mention that a strong peso could jeopardize the economic recovery in the country, the Chilean currency managed to extend […]

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