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Day: July 19, 2014
July 192014
Risk Aversion Helps Dollar End Week with Gains
The US dollar gained this week with help of geopolitical tensions in Eastern Europe and Middle East that were driving the Forex market by the end of the week. The greenback ended the week flat versus the Japanese yen, another currency that profited from the need for safety. The US currency started the week on a positive note due to speculations about an eventual interest rate hike from the Federal Reserve. Fed Chairwoman Janet Yellen sent […]
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July 192014
Weekly Forex Technical Analysis (Jul 21 — Jul 25)
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3314 1.3402 1.3464 1.3551 1.3613 1.3701 1.3763 GBP/USD 1.6862 1.6948 1.7017 1.7104 1.7172 1.7259 1.7327 USD/JPY 100.30 100.69 101.00 101.39 101.71 102.10 102.42 EUR/JPY 134.61 135.65 136.35 137.40 138.10 139.14 139.84 GBP/JPY 170.47 171.56 172.34 173.44 174.22 […]
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July 192014
Forex Brokers Update — July 19th, 2014
Two new companies have been added to the list of Forex brokers on EarnForex.com this week: Pantheon Finance — a Russian Forex broker registered by the International Financial Services Commission of Belize. This offshore company offers mini, ECN and PAMM accounts with MT4 trading platform. The trading conditions are quite favorable, but the leverage is limited to 1:100 only. Pantheon Finance Vinson Financial — a Cypriot company regulated by CySEC. They […]
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July 192014
Canadian Dollar Ends Week on Positive Note
The Canadian dollar ended the trading week on a positive note with help of supportive macroeconomic releases from Canada, which showed that the economy performs rather well and may weather monetary tightening from the nation’s central bank. Canada’s Consumer Price Index rose 2.4 percent in June from a year ago, the fastest rate of growth in more than two years. Month-on-month, consumer prices grew 0.3 percent on a seasonally adjusted […]
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