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Day: October 27, 2012
October 272012
Hawkish Stance of BoC Does Not Prevent Weekly Losses of Loonie
The Canadian dollar posted weekly losses amid tension and uncertainty on the Forex market even as Canada’s central bank maintained interest rates and hinted that higher rates may be possible in the future. The Canadian currency was a little higher against the euro as the 17-nation currency had its own share of problems. The Bank of Canada refrained from lowering borrowing costs and even hinted that it may withdraw some stimulus. That […]
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October 272012
Forex Technical Analysis for Week 10/29â11/02
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2648 1.2765 1.2849 1.2966 1.3051 1.3167 1.3252 GBP/USD 1.5723 1.5817 1.5954 1.6048 1.6185 1.6279 1.6416 USD/JPY 77.91 78.56 79.08 79.72 80.25 80.89 81.41 EUR/JPY 100.31 101.49 102.22 103.40 104.13 105.31 106.04 GBP/JPY 123.72 125.21 126.65 128.13 129.58 […]
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October 272012
Forex Brokers Update — October 27th, 2012
Only one new broker was listed on EarnForex.com during the week that ends. Blackwell Group — a company that is regulated in both Cyprus and New Zealand. It is a broker with MetaTrader 4 as the only available trading platform. They provide four different account types with both fixed and variable spreads, and maximum leverage between 1:100 and 1:200. They also have strong emphasis on Chinese-speaking customers: Blackwell […]
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