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Day: July 12, 2014
July 122014
Risk Aversion Counters Negative Impact of FOMC Comments on USD
It looked like members of the Federal Open Market Committee would make this week very bad for the US dollar by their dovish comments. Yet the currency was rescued by risk aversion that followed news about problems of a major Portugal’s bank. This did not help the greenback to outperform the Japanese yen but allowed the US currency to erase losses versus the euro and to gain on several other currencies, including the Great […]
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July 122014
Weekly Forex Technical Analysis (Jul 14 — Jul 18)
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3497 1.3536 1.3572 1.3611 1.3646 1.3685 1.3721 GBP/USD 1.7001 1.7042 1.7083 1.7125 1.7166 1.7207 1.7248 USD/JPY 99.70 100.38 100.83 101.51 101.97 102.65 103.10 EUR/JPY 135.94 136.71 137.28 138.05 138.61 139.38 139.95 GBP/JPY 170.23 171.59 172.52 173.88 174.81 […]
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