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Written by Andrew11
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Thursday, 02 February 2012 |
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Thursday
02/02/2012 8.30 PM GMT
Markets
have been flat today as investors look forward to non farm payroll
and we have some good resistance levels in the Pound, Euro, Aussie
and Canadian Dollar which we want to sell into tomorrow.
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Written by Andrew11
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Wednesday, 01 February 2012 |
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Wednesday
01/02/2012 8.00 PM GMT
U.S.
stocks rallied Wednesday as economic data from China and Europe beat
market expectations and a gauge of U.S. manufacturing showed
expansion too so February has started well for the bulls and the
dollar has eased but this is just about to be reversed and the dollar
will push higher.
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Written by Andrew11
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Tuesday, 31 January 2012 |
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Tuesday
31/01/2012 10.30 PM GMT
This
is a short late report today, due to a problem with our database –
there is no real news today so we will look at our positions and we
see some great opportunities at current levels ...
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Last Updated ( Tuesday, 31 January 2012 )
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Written by Andrew11
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Monday, 30 January 2012 |
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Monday
30/01/2012 8.30 PM GMT
The
Euro back off from gap resistance and 1.32 and traded lower as did
the Pound, Aussie and Canadian Dollar and were looking for the dollar
to base and move higher.
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Written by Andrew11
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Sunday, 29 January 2012 |
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Sunday
29/01/2012 8.30 PM GMT
The
Euro had another push today towards 1.32 but it started to fall back
and we think the rally is just about done and lower prices will
unfold and this also applies to the other majors.
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Last Updated ( Sunday, 29 January 2012 )
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Written by Andrew11
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Thursday, 26 January 2012 |
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Thursday
26/01/2012 8.30 PM GMT
The
Euro had another push today towards 1.32 but it started to fall back
and we think the rally is just about done and lower prices will
unfold and this also applies to the other majors.
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Written by Andrew11
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Wednesday, 25 January 2012 |
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Wednesday
25/01/2012 8.30 PM GMT
The
Fed has pledged to keep rates low until at least 2014 to help the US
Economy and this has encouraged some buying of risk assets and risk
currencies and the Euro IS back above 1.30 after falling earlier in
the day.
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Written by Andrew11
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Tuesday, 24 January 2012 |
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The
Euro rally is just at 1.30 but this is really short covering as we
have a record net short speculative position as we noted in our
reports at the weekend but the rally looks set to stall here and the
dollar will regain its upside momentum.
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Last Updated ( Tuesday, 24 January 2012 )
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Written by Andrew11
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Monday, 23 January 2012 |
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Monday
23/01/2012 2PM GMT
European
stocks hit their highest level since early August on Monday, with
euro zone banks gaining sharply following a report that France and
Germany were calling for a relaxation of global bank capital rules to
prevent a credit crunch
so
there's a crisis in the global economy and stocks are on the up but
not for much longer and the Euro rally also looks close to an end.
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Written by Andrew11
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Sunday, 22 January 2012 |
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Sunday
22/01/2012 2PM GMT
The
Pound hit a two-week high against the dollar on Friday, extending
gains into a fifth straight day and we are now we think near an end
to this rally on the Dollar but we remain bullish of Sterling on the
Euro...
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Written by Andrew11
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Sunday, 22 January 2012 |
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Sunday
22/01/2012 2PM GMT
The
Euro is going down long term but short term we have some strength but
long term were going to 1.20 or lower and one of the main drivers of
the down trend will be the liquidity injections which the ECB is
providing to banks...
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