Day: July 2, 2011

July 2
2011

Best Week for Euro This Year

This week was the best for the euro in 2011 as Greece accepted austerity required to get the bailout, spurring the shared 17-nation currency and allowing it to erase losses that the currency experienced during June. Prime Minister George Papandreou convinced the Greek Parliament to pass bills to implement budget cuts and asset sales needed to receive the â‚¬78 billion rescue package. A total of 155 lawmakers from the 300-strong chamber voted for the austerity measures. The euro […]

Read more
July 2
2011

Forex Technical Analysis for Week 07/04—07/08

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3783 1.3942 1.4233 1.4392 1.4683 1.4842 1.5133 GBP/USD 1.5741 1.5825 1.5948 1.6032 1.6155 1.6239 1.6362 USD/JPY 79.28 79.76 80.29 80.77 81.30 81.78 82.31 EUR/JPY 111.34 112.59 114.99 116.24 118.64 119.89 122.29 GBP/JPY 126.71 127.43 128.63 129.35 130.55 […]

Read more