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FOREX: Technical analysis 09/24/12


EUR/USD

News background:
The market is again in pessimism amid uncertainty about Spain and Greece. For this reason, the pair is still adjusted downwards. But the movement may be suspended if the bad data will be released today from the German Ifo business climate indicator for September.

Technical picture:
From …

FUNDAMENTAL REVIEW 24.09.12

Investors became pessimistic again...
 
World markets fully played out the idea of ​​quantitative easing in one or another form from the Fed, the ECB and the Bank of Japan and are back to the realization that the world economy is still in recession because of raging European debt crisis, …
FOREX: Technical analysis 09/21/12
 
USD/CAD
 
News background:
If inflation data today will show its growth, it can support the Canadian dollar against the U.S. dollar due to expectations of growth of the interest rate. It is also necessary to consider the Fed initiatives, which will adversely affect the U.S. dollar.
 
Technical …
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