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BOCA RATON, Florida (Reuters) - President Barack Obama's campaign team attacked Mitt Romney on Tuesday for not paying his "fair share" of taxes, escalating rhetoric against the top...
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In Asian trading, the Euro wallowed near to a 4-month low versus the U.S. Dollar, but traders expect a continued downtrend following the stalemate in Greek politics which will usher...
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The Minutes of the April 24/25 FOMC meeting indicated that Committee members viewed that the economy "continued to expand moderately" in the period since the last meeting in March....
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USD/JPY indeed bottomed out in the short-term and broke above a declining channel resistance. The 1H chart shows the bottoming formation. There is resistance in the 80.50-80.60...
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May 16, 2012
Housing starts appear to have reached a new plateau above 700K in the first few months of 2012. While we do not expect a major resurgence in housing construction over the next several months, this support level is likely to form the new floor for housing construction. With the...
May 16, 2012
USD/JPY indeed bottomed out in the short-term and broke above a declining channel resistance. The 1H chart shows the bottoming formation. There is resistance in the 80.50-80.60 area. This is the May high established in the beginning of the month.
May 16, 2012
The USD/CAD finally breaks above the 1.0050-1.0060 resistance, suggesting a bullish trend developing after a period of sideways trading below 1.0050. Looking at the 1H chart we see that the previous resistance is being treated as the market rejects a throwback attempt. A throwback to 1.00-1.0020 area would not be...
May 16, 2012
The Bank of England stole the headlines this morning as it delivered its second Inflation Report of the year. Its message was fairly grim: the UK won't regain its 2007 level of output until 2018. The biggest threat to the UK economy right now according to the bank is...
May 16, 2012
USD remains firm ahead of today's FOMC minutes and amid ongoing EU concerns. UK PM Cameron put the situation in the euro area rather succinctly saying that "it either has to make up or face a potential breakup". The dollar index is continuing its ascent towards mid-January highs after...
Test Of The Topside In EUR/GBP And In EUR/USD Rejected
Posted on Feb 1, 2012
All Eyes On Eurogroup Meeting
Posted on Feb 20, 2012
Market Drivers – Currencies
Posted on Jan 27, 2012
EUR/AUD – The Top Appears In Place
Posted on Apr 10, 2012
USD/JPY Breaks Channel Resistance; 81.85 is Resistance Pivot
Posted on Apr 20, 2012