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Day: September 10, 2011
September 102011
Worst Week for Sterling in Nine Months
The Great Britain pound posted this week the biggest weekly drop against the US dollar in nine months on the speculation the fragile UK economy will force the nation’s central bank to keep the interest rates at the record low level. Virtually all the fundamental data this week was negative for the pound. Be it house prices, industrial production or producer price index, all the indicators signaled about the worsening state of Britain’s economy. […]
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September 102011
Forex Technical Analysis for Week 09/12—09/16
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2772 1.3199 1.3427 1.3854 1.4082 1.4509 1.4737 GBP/USD 1.5381 1.5612 1.5745 1.5976 1.6109 1.6340 1.6473 USD/JPY 75.68 76.18 76.87 77.37 78.06 78.56 79.25 EUR/JPY 99.53 102.41 104.18 107.06 108.83 111.71 113.48 GBP/JPY 119.28 120.81 122.00 123.53 124.72 […]
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