31st
October
2009
The US Dollar finally showed signs of life through the past week of trading, setting a substantial low against the Euro and other key forex counterparts. An early-week tumble in the US S&P 500 and other financial risk sentiment barometers provided the spark for the dollar turnaround.
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31st
October
2009
Mumbai, Oct 30 (UNI) Trading on Bombay stock Exchange (BSE), National Stock Exchange (NSE) and interbank foreign exchange (forex) markets will remain officially closed on November two on account of Guru Nanak Jayanti, traders said.
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31st
October
2009
According to UFXBank it’s well worth getting into, as this forex brokerage firm are the only company to offer their IB’s a massive 10% compensation upfront on net deposits aswell as a revenue share for the duration of the clients trading activities.
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31st
October
2009
Forex options market volatility expectations have surged on recent market choppiness, and we have geared up for substantial moves out of the US Dollar and other key counterparts.
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31st
October
2009
* Almunia says excessive forex volatility bad for everyone
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31st
October
2009
The US Dollar has finally shown signs of life, and several of our Forex Sentiment-based trading strategies have aggressively bought into the Dollar’s recovery. Last week we reported that one-sided crowd sentiment showed little scope for a Greenback reversal.
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31st
October
2009
Weekly key reversals/engulfing patterns in the EURUSD and EURJPY suggest a major sentiment shift in the FX market. Joel: While the recent pullback has been quite impressive, the overall trend is still bullish and the market will need to take out next critical support by the 50-Day SMA (1.4645) which has managed to prop setbacks for the majority of the rally in 2009. The last time the market …
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31st
October
2009
US dollar short positions and Euro long positions (speculative) have come off slightly from extreme levels, but Australian dollar long positions increased.
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31st
October
2009
The EURGBP may have found a low and there is increasing evidence that the next significant (multi month) move in the Yen crosses is down. The EURGBP held the 50% retracement of wave 3 and today’s (Friday) inside day is further evidence of a short term sentiment shift.
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31st
October
2009
• Euro, Swiss Franc Virtually Unchanged Despite SNB Intervention • British Pound Outlook Hinges Upon BOE Meeting Outcome and Status of Quantitative Easing • Australian Dollar Down with Other Carry Trades - Will the RBA Actually Raise Rates Again Next Week?
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