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Day: August 23, 2014
August 232014
US Policy Outlook Spurs Dollar to Weekly Gains
This week was very positive for the US dollar, allowing it to reach a new high for this year against the euro and to gain against other major peers. The major reason for the rally was the comments of US policy makers. The minutes of the latest Federal Reserve policy meeting demonstrated that US Fed members are considering raising interest rates earlier. Economic data from the United States supported the optimistic outlook for US […]
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August 232014
Weekly Forex Technical Analysis (Aug 25 — Aug 29)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.2994 1.3107 1.3173 1.3286 1.3351 1.3464 1.3530 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.3095 1.3149 1.3274 1.3327 1.3452 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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