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Written by Andrew11
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Friday, 06 January 2012 |
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Friday 06/12/2012 8.00PM GMT 9.00PM CET
Earlier
in the day we looked at the jobs data out of the US which is getting
better and we saw the Euro sell off yet again. The Euro is going
lower and we would expect a good rally to sell into next week.
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Last Updated ( Monday, 09 January 2012 )
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Written by Andrew11
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Friday, 06 January 2012 |
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Friday 06/12/2012 2.00PM GMT 3.00PM CET
The
payroll number today was above consensus but not by much but it is
showing the US Economy is making progress albeit slowly on the jobs
front which has been a major problem over the last few years.
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Last Updated ( Monday, 09 January 2012 )
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Written by Andrew11
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Thursday, 05 January 2012 |
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Thursday
05/12/2012 7.30PM GMT 8.30PM CET
Today
the Euro continued to fall and while we are short, we now see a short
covering rally coming which will present yet another selling
opportunity.
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Last Updated ( Monday, 09 January 2012 )
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Written by Andrew11
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Wednesday, 04 January 2012 |
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Wednesday
04/12/2012 7.30PM GMT 8.30PM CET
The
Euro is failing on rallies and the trend is down but expect a choppy
trade as we have a huge number of speculators short which will mean
rallies are short sharp and brief. We still see the dollar as a buy
on dips and the reason is simple:
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Last Updated ( Monday, 09 January 2012 )
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Written by Andrew11
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Tuesday, 03 January 2012 |
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Tuesday
03/12/2012 8PM GMT 9PM CET
As
the markets get back in full swing today after the holidays risk
assets and risk currencies are higher but this rally is one to sell
and we view it as mostly short covering.
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Last Updated ( Monday, 09 January 2012 )
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Written by Andrew11
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Saturday, 31 December 2011 |
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Saturday
31/12/2011 8PM GMT 9PM CET
We
remain bullish on the USD and have been for months and we see no
reason to change our view because the global economy is sliding into
recession and when this happens the USD strengthens.
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Written by Andrew11
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Saturday, 31 December 2011 |
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Saturday
31/12/2011 8PM GMT 9PM CET
The
Australian Dollar has been the top performing currency we cover over
the last few years and its had a great rise but in recent months we
have been selling it and made some good profits. We are having
another rally now and this looks an excellent longer term level to
sell at for a huge decline lower.
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Written by Andrew11
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Saturday, 31 December 2011 |
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Saturday
31/12/2011 8PM GMT 9PM CET
We
have been selling the Euro since 1.42 and it's been a great down
trend and we hit our first target of 1.30 and now see 1.20 or lower
on the cards – any rally in the Euro is a selling opportunity.
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Written by Andrew11
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Friday, 30 December 2011 |
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Friday
30/12/2011 8PM GMT 9PM CET
U.S.
Stock indexes fell on Friday, with the broad S&P 500 index on
track to end 2011 nearly changed from 2010's closing level and in
2011 the S&P and other stock indexes will plunge and the safe
haven dollar will soar – Why?
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Written by Andrew11
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Thursday, 29 December 2011 |
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Thursday
29/12/2011 8PM GMT 9PM CET
While
many traders pack up at this time of year, we don't and the reason is
simple. Most currency pairs set there high or low for the following
year in this period and momentum is now picking up in the market and
the odds favour a strong dollar coming into 2012.
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Written by Andrew11
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Wednesday, 28 December 2011 |
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Wednesday
28/12/2011 8PM GMT 9PM CET
Were
now getting out of holiday mode now and seeing the markets come back
to life and today the Euro has broken 1.30 and a close below this
level is highly bearish. At this time of year between now and around
January the 5th most currency pairs make there highs or
lows for the year and we see the safe haven currencies as the ones to
buy.
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Last Updated ( Wednesday, 28 December 2011 )
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