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Is There A Sell Off Coming For The Yen?
For weeks the forex markets have been focused on the plight of the euro and the economies in the eurozone. The bears were perplexed, as the euro versus the US dollar continued to find support around the 1.30 handle. We suspected, as did other analysts, ...
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USD/JPY Technical Outlook – May 16th
USDJPY remains in a pivotal position, just above 80.00. Although the price action has broken through round figure resistance, barriers above are suppressing any meaningful moves above the 80.00 figure. Notably, the previously cited 84.09-81.68
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USD/JPY Breaks Above Channel Resistance; Trades at May High
USD/JPY indeed bottomed out in the short-term and broke above a declining channel resistance. The 1H chart shows the bottoming formation. There is resistance in the 80.50-80.60 area. This is the May high established in the beginning of the month
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Euro Struggles Higher as Data Improves in the United States
Earlier, the euro headed lower as concerns about Greece overcame the markets and worried Forex traders and investors. Good news out of the United States, though, is changing the picture a little bit and providing a measure of confidence that is h
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EUR/USD Slides as Greece Bickers
Euro/dollar continues to slide, as the political crisis in Greece is worsening. Talks aimed at forming a coalition government remained deadlocked, and another election seem likely. The euro wasn’t helped by a strong German GDP release, as recent
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Australia's Weak Sentiment, Wage Growth Spur Rate Bets: Economy
Governor Glenn Stevens cut the benchmark by half a percentage point this month after quarter-point reductions in November and December as the economy struggled to gain traction, inflation slowed, house prices fell and consumers saved more.
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EUR/USD Fundamental Analysis May 16, 2012, Forecast
Analysis and Recommendations:The EUR/USD continued to fall today, dropping below the 1.27 price and remaining in that territory. The pair closed the European session at 1.2767. The pair will most likely remain depressed until we see some outc
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Binary Options Daily Setup May 16th 2012
Today, Wednesday, May 16th produces 4 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Building Permits today, will probably have an effect on the USD/JPY.
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EUR-USD prediction today may 16 2012
The euro continued its slide against the U.S. dollar on Wednesday, up slightly after hitting a four-month low,
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How will impact Greek problems on euro currencies
The euro held at four-month lows against the dollar on Wednesday and may extend losses sustained so far this month after Greece said it will hold new elections
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gold prices prediction may 16 2012
Gold prices fell in Asian trading on Wednesday as Greek talks to form a coalition broke down, setting the stage for a new round of elections that could possibly
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Euro Gets Pummeled, Global Markets Fall - Chris Capre
Euro Gets Pummeled, Global Markets Fall - Chris Capre


