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Currency Forecast – Choppy Trading and Euro Crisis to Worsen
Written by Andrew11   
Tuesday, 30 August 2011

Tuesday 30/08/2011 8PM GMT 9PM CET


Today we had gloomy news on the global economy with a plunge in consumer confidence in the US and Europe but there has been no real sell off in stocks yet as volumes remain thin but we should get another down turn shortly and see the dollar push up again.

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Currency Forecast – Risk Appetite up but not for Long Buy the Dollar
Written by Andrew11   
Monday, 29 August 2011

Monday 29/08/2011 8PM GMT 9PM CET


Stocks rose, today amid optimism the US economy is on the mend and gains were across all major indices's and Greek stocks had there biggest daily rise in 23 years. So we have rises in stocks and high yielding currencies but it won't last long...

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EUR USD – Euro Up Look Last Week Look for it to Crash Back Down
Written by Andrew11   
Saturday, 27 August 2011

Saturday 27/08/2011 6PM GMT 7PM CET


The Euro had a good week and managed to hold above the 1.44 level, to push up to close to 1.45 but the rally is on borrowed time and we see the Euro falling back to 1.40.

 

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CFTC Net Traders – Speculators Buy Pound and Aussie Dollar Look to Sell
Written by Andrew11   
Saturday, 27 August 2011

Saturday 27/08/2011 6PM GMT 7PM CET


Currency speculators increased bets against the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net short position rose to $16.27 billion in the week ended Aug. 23, from $13.55 billion a week earlier but with Speculators selling, its time to look what the smart money commercials are doing...

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Currency Forecast – No Quick Fix for the US Economy
Written by Andrew11   
Friday, 26 August 2011

Friday 26/08/2011 8PM GMT 9PM CET

 

Federal Reserve Chairman Ben S Bernanke said the Fed still has tools to boost a recovery that has been weaker than forecast while staying with his view that growth will pick up. And hes right but what does this mean for the Dollar and the major currencies?

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Currency Forecast – Traders Remain to Bullish on Fed Action
Written by Andrew11   
Wednesday, 24 August 2011

Wednesday 24/08/2011 8PM GMT 9PM CET



Benchmark stock indexes are on track for their worst month since the fall of 2008, after the collapse of Lehman Brothers. Investors have been hoping for additional action from the U.S. central bank to provide big stimulative measures but they will end up disappointed and stocks will fall further and safe haven currencies like the Dollar will go higher...

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