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Day: June 16, 2012
June 162012
Yen Beats Most Majors, Posts Weekly Gains
The Japanese yen gained this week against most major currencies as market sentiment was spoiled not only by fears of the European sovereign-debt crisis, but also by concerns that economic recovery in the United States is faltering. The week started seemingly bad for safer currencies as a bailout for Spain lifted traders’ mood. The optimism was short-lived, though, and fears returned, especially after Moody’s Investor Service cut Spain’s credit rating. […]
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June 162012
Forex Technical Analysis for Week 06/18—06/22
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2271 1.2357 1.2496 1.2582 1.2721 1.2807 1.2946 GBP/USD 1.5259 1.5356 1.5534 1.5631 1.5809 1.5906 1.6084 USD/JPY 77.13 77.86 78.27 79.00 79.41 80.14 80.55 EUR/JPY 96.27 97.49 98.47 99.69 100.67 101.89 102.87 GBP/JPY 120.26 121.19 122.40 123.33 124.54 […]
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June 162012
Forex Brokers Update — June 16, 2012
One new broker was added today to the listings — Forex Broker Inc.. A rich imagination of the company founders can be read in its name ;-). Other than its name, this new broker is notable for being a Belize offshore entity without regulation. With $5 you will be able to start trading with them on a simple or ECN account — all through MetaTrader 4 platform. Forex Broker […]
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