A rise in the number of unemployed people was reported at he fresh Claimant Count Change release. This disappointment makes GBP/USD more vulnerable than other currencies. Britain’s earliest report on …
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Not only foreign currencies enjoyed Goldman Sachs’ speculation about the new trillion dollar printing scheme – also precious metals, rallied. Gold reached new uncharted levels and also silver advanced forward. …
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Goldman Sachs sent the dollar down by assessing that the Federal Reserve will need a dollar printing scheme of another 1 trillion dollars. Yes, one trillion. Quick update on these …
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The highly regarded ZEW Economic Sentiment survey showed pessimism in Europe’s locomotive. This stopped the Euro’s rally and reminded everybody that the European issues are far from over. EUR/USD now …
Read More EUR/USD continued upwards and settled in a higher range. Economic indicators start pouring in day, and promise an exciting day. Will the Euro continue north or drop? Here is a …
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AUD/USD made an important breakout and reached a 5 month high on Chinese data and risk appetite. There are more technical barriers ahead for this strong currency. Update on technicals …
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EUR/USD began the week with a break out of the downtrend channel and towards a higher resistance line. Will this optimism over the Basel III continue pushing the Euro higher …
Read More Together with Global Futures Exchange and Trading Co., Inc, Winners Edge Trading will be starting a competition between traders that involves cash prizes. The competition will run between September 19 …
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The Canadian economy gained 35,800 jobs, higher than expected. This sends USD/CAD to fresh lows, approaching the next support line. Update on the job figures and the currency’s strong week. …
Read More EUR/USD got out of the perfect range and dipped lower, retreating quickly. Today is a rather light day in terms of events. Will it lose the critical support line? Here …
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