CRUDE OIL: Having maintained its upside offensive, further gain is likely towards the 98.22 level.
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EXCHANGE RATES
The exchange rates (or foreign-exchange rate, forex) between two currencies specify how much one is worth in terms of the other. The global financial crisis, inflation, deficit, and trade all effect exchange rates. This topic covers that latest news on exchange rates and how they affect the whole business scenario.
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News
Recent news on this topic.
EURUSD: With a sell off reversing its corrective recovery the past week, further weakness is likely in the new week.
USDCHF: With USDCHF vulnerable on corrective weakness, it may see further downside in the new week. However, if this...
USDCAD: With an attempt on the downside losing steam and the pair closing marginally lower on Thursday, we could see...
GBPUSD: A third day of upside on recovery is now underway. This suggests that we could see further upside towards the 1.
EURUSD: EUR remains week and vulnerable to the downside with further decline likely in the new week.
No one can guarantee your success in day trading. It is a tough business as you are up against the best right from the...
GOLD: Our GOLD broader view remains to the downside suggesting an eventual return to the 1,554 level.
GOLD: With the commodity remaining vulnerable to the downside, there is risk of further weakness.
Pound weakened against US Dollar, Euro & Gold as currency markets reacted to Moody's decision to downgrade Britain...
USDCHF: With USDCHF maintaining a third-week of upside gains, there is risk of a recapture of the 0.9388 level, its Feb...
USDCAD: With the pair on the verge of recapturing the 1.0200 level, we could see further price extension.
EURGBP- With EURGBP breaking through the 0.8716 level, its year-to-date high on a strong rally, further upside...
GBPUSD: With GBP selling off to reverse its previous week gains and close lower at the end of the week, further...
USDCHF: With USDCHF resuming its corrective recovery, the risk is for further upside to occur towards the 9293 level,...
GBPUSD: GBP has sold off and taken out its key support at the 1.5630 level, its Feb 05’2013 low.
EURUSD: Our broader bias on EUR remains higher in the medium term despite its present price consolidation.
EURUSD: EUR followed through higher on the back of its previous week gains on Friday suggesting further upside.
GBPUSD: GBP faces further downside as it extended its weakness the past week and followed through higher during early...
It’s amazing what you can get used to if it just goes on long enough. Everyone with a family has experienced this...
What is the first thing that you do when you want something with an intense desire? When you want it so bad you can...
EURUSD: EUR may have closed slightly lower the past week but continues to hold on to its medium term uptrend.
Jason felt like a deer caught in headlights. The unnerving thing about it was that he had been down this road before.
EURGBP- With EURGBP holding firmly above the 0.8224 level, the risk is for more upside offensive to occur.
Top Sources: Exchange Rates
- icmrindia.org
- currencyexchange-advice.com
- thetimes100.co.uk
- bloomberg.com
- ingentaconnect.com
- Economictimes
- linkedin.com
- exchangerates.uk.com
- forexnrg.com
- fxtechstrategy.com
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