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The pre-planned breakout variant for buyers was realized with overlap of minimal assumed target. OsMA trend indicator, having marked attainment of the previous trading day top by formation of bearish signal did not have confirming sells activity ...
Read moreThe US dollar weakened against a basket of currencies in response to recently released ADP jobs data announcing 693,000 job cuts in December 2008. This pushed the dollar back from earlier highs this week and indicates growing fear of a prolonged U.S ...
Read moreJan 07 - Short-Term Forex Technical Outlook: USD/JPY (Update) Jan 06 - A Clear Channel And Immunity To Risk Trends Stabilizes AUDCAD Range Jan 06 - Euro Expected to Form a Low Soon; British Pound Breakout Trade Jan 06 - Short-Term Forex Technical ...
Read moreThe EURUSD plunged 300+pips during the previous trading day as market participants expect the European Central Bank to continue their easing cycle, and the euro will remain on the defensive over the near-term as investors expect the central bank to ...
Read moreNEW YORK, Jan 7 (Reuters) - The U.S. dollar can withstand further evidence of U.S. job losses at a break-neck pace and any positive surprise may spark a rally in the greenback. The dollar pushed back from nearly one-month highs against the euro and ...
Read moreHONG KONG, Jan 5 (Reuters) - Hong Kong shares rose 1.3 percent on Monday, with China Mobile rising for a second day on hopes that Chinese telecom operators will soon be issued licences to offer third generation (3G) services. China's Lenovo Group ...
Read moreHONG KONG, Jan 5 (Reuters) - By 0345 GMT the Hang Seng Index was 1.1 percent higher at 15,206.97. The China Enterprises Index of top locally listed mainland Chinese firms had risen 1.8 percent to 8,460.03. Here are some of the stocks on the move in ...
Read moreSAN FRANCISCO (Menafn - MarketWatch) -- The British pound's swift drop against the U.S. dollar has slashed prices on tourist favorites, with a London hotel room, trip on the Underground and pint of ale more than 25% cheaper than a year ago. But such ...
Read moreJan. 3 (Bloomberg) -- The euro declined against the dollar for the first week since November on speculation a weakening economy will prompt the European Central Bank to cut borrowing costs further, reducing the currency’s appeal. The pound slid to ...
Read moreThose of you of a puritan nature may have come close to fainting this morning when the Prime Minister told Andrew Marr that our biggest banks may have to lend more than they did in the boom years rather than less. "Is he totally bonkers?" you may ...
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