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Daily Market Outlook

Nov 22, 2009
Market Review - 20/11/2009 22:35        All times in GMT     Dollar gains broadly as investors continue to reduce exposure to riskier assets The greenback rose against most of its counterparts for a second day in a row on Friday as investors booked...

Currency Majors Technical Perspective

Nov 22, 2009
EUR/USD Current price: 1.4865 Flat in the hourly chart, pair remains under 20 SMA while indicators in the chart look slightly bearish. Bigger time frames remain bearish after today’s opening to the downside yet no much action is expected during...

Partisan Bickering is not the Solution for Fostering Economic Growth

Nov 22, 2009
Partisan Bickering is not the Solution for Fostering Economic Growth The main theme of the opinion piece by Representatives Hensarling and Ryan from Texas and Wisconsin, respectively, in today’s Wall Street Journal (Jeb Hensarling and Paul Ryan: Why...

Greenback Extends Gains Heading into Weekend

Nov 22, 2009

U.S. Forex Market Commentary

Nov 22, 2009
EURO The euro moved sharply lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4800 figure and was capped around the $1.4935 level.  Many dealers attribute today’s sell-off to a year-end unwinding of trades...


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