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9th February 2010

Forex Strategy Outlook: US Dollar Likely to Move Sharply Against Euro (Daily FX via Yahoo! Finance)

Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming weeks’ trade. In fact, implied volatility levels on 3-month Euro/US Dollar options now trade near their highest levels since July, 2009 and underline market fears of continued volatility.

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9th February 2010

Your Source for Daily FOREX Market News and Analysis (Daily FX)

Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming weeks’ trade.

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9th February 2010

Forex market continues to attract local investors (Zawya)

The UAE investors continued actively trading in foreign exchange (forex) currency markets in 2009 even as worldwide volumes took a hit, said a senior executive of a Swiss-based online foreign currency broker.

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9th February 2010

Forex daily technical analysis - February 8 (MENAFN)

Forex daily technical analysis - February 8

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9th February 2010

Your Source for Daily FOREX Market News and Analysis (Daily FX)

The EUR/USD has quieted following a bout of volatility, as budget deficit issues in Greece, Portugal and Spain raised broader concerns and sparked a flight to safety.

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9th February 2010

Your Source for Daily FOREX Market News and Analysis (Daily FX)

The Australian labor market is expected to improve for the fifth consecutive month in January, with economists forecasting employment to increase 15.0K from the previous month, and the data could drive the exchange rate higher as the isle-nation skirts the global recession.

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9th February 2010

Your Source for Daily FOREX Market News and Analysis (Daily FX)

Like the NZDUSD, the USDCAD completed an expanded flat last week (at 10543). A break above 10875 is expected this week as the pair is in a 3rd wave higher from 10543. A drop under 10642 cannot be ruled out. 10610 would be support.

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9th February 2010

Your Source for Daily FOREX Market News and Analysis (Daily FX)

The Canadian dollar continued to strengthen against the greenback and is the best performing currency on Monday, while the New Zealand dollar extended the decline from the previous week and slipped below the 200-Day SMA (0.6870) to reach a low of 0.6857.

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9th February 2010

Forex: USD/JPY steady around 89.30 (The Forex Market)

FXstreet.com (Córdoba) – USD/JPY has been moving in a small range in the last hours between 89.20 and 89.40. The pair is hovering around 89.30, 0.20% below today’s opening price.

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8th February 2010

Your Source for Daily FOREX Market News and Analysis (Daily FX)

The EURGBP may have topped in a small 4th wave. The Yen crosses may be consolidating before continuing lower. The EURGBP has strengthened in what is probably a small 4th wave. Notice that the former 4th wave extreme at 8800 has held, which is common.

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