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Stock Market and Financial News - Forex
07.09.2009
Risky instruments and low activity
Today in the the Forex market the great demand on more the riskier instruments. Owing to the weekend in the U.S. and Canadian activity in the forex market is very low.
04.09.2009
Data on the U.S. labor market can determine the prospects for the dollar next week
Today the basic attention is given to the data from the USA on employment in August. It is expected Deterioration of an indicator of unemployment and, possibly, numbers of workplaces. Such development of a situation, possibly, is considered in dollar quotations, however the strong divergence of the fact sheet with expectations can cause activity splash, and also define dollar prospects forthcoming week.
01.09.2009
Major currency pairs are not leaving the existing ranges
The overall situation has not changed, and the major currency pairs have not left the existing range, the break of which would be unlikely, at least until the publication of data on the labor market in the United States at the end of the week.
31.08.2009
The US dollar in market Forex can continue growth
The U.S. dollar has returned some of the lost positions. Presented in this day macroeconomic data from the U.S. and the eurozone virtually no impact on the course of bidding, which is still defined by the attitude of investors towards risk. This morning the market situation has not changed, and the dollar continues to build an advantage. When the pair EUR/USD fell to a mark 1.4250, the pair GBP/USD fell to 1.6200, and the pair USD/CHF rose above the 1.0600 mark.
28.08.2009
The Forex market is still undecided
At the auctions in America, there was another interesting event, the euro / dollar in a few minutes, breaking the next resistance level shot up to a half or two figures.
28.08.2009
Distinct trend in the Forex market is unlikely to be established before the autumn
On the eve of the U.S. dollar fell sharply against other currencies in the second half of the North American session. Prior to the decline of the dollar trades were very restrained, and the published data on U.S. gross domestic product almost no impact on their course.
