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Day: November 24, 2012
November 242012
Euro Posts Second Weekly Rally Despite Uncertainty About Greece
The euro gained this week, posting the second consecutive weekly rally and rising to the highest level since April against the Japanese yen. The currency was firm even as Greece failed to convince other eurozone members that it should get another round of a bailout. Traders were hoping that the meetings of European lawmakers would result in the next portion of aid for Greece, but that did not come to pass. Yet for some […]
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November 242012
Forex Technical Analysis for Week 11/26â11/30
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2557 1.2647 1.2811 1.2900 1.3065 1.3154 1.3318 GBP/USD 1.5757 1.5819 1.5926 1.5988 1.6095 1.6156 1.6263 USD/JPY 79.63 80.35 81.37 82.10 83.12 83.85 84.87 EUR/JPY 101.16 102.32 104.62 105.79 108.08 109.25 111.55 GBP/JPY 126.51 127.71 129.91 131.11 133.31 […]
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November 242012
Loonie Closes at Highest Since April vs. Greenback
The Canadian dollar rose against the US dollar and and reached the highest closing price since April versus the Japanese yen as Canada’s inflation was steady and the market sentiment was good. The Canadian currency fell against the euro. Canada maintained its monthly inflation growth at 0.2 percent in October. The core component of the Consumer Price Index rose 0.3 percent in the last month from the month before. Analysts predict that the report next […]
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