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May 11th, 2008 - Last week the Euro bounced back up against the US dollar after two prior weeks of decline. EUR/USD began its rebound when it touched expected support around 1.5280, and now nearest resistance lies around 1.5510, 1.5550-60. Bearish momentum may ensue should it fall below 1.5340. The US dollar had its first weekly drop against the [...] Read More
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Forex
Last week the Euro bounced back up against the US dollar after two prior weeks [...]
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Friday’s data showed that the US trade deficit unexpectedly narrowed in March, shrinking to $58.2 [...]
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Renowned investor Jim Rogers said today that he is expecting a US dollar rally in [...]
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By Keith Fitz-Gerald
Don’t mistake the U.S. dollar’s recent rally for strength. If anything, it’s [...]
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Today we are seeing signs that the US dollar could still resume its short-term recovery, [...]
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Today’s US Dollar Trading
• USD two sided, ends flat-to-mixed
• Reverses early weakness
• Traders waiting for [...]
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Just last week dollar’s rebound looked promising, but yet as we enter the second trading [...]
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Today’s US Dollar Trading
• Major pairs two-way, end stronger
• Volumes light due to minor holidays
• [...]
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Stocks
Last week Citigroup told us on Page 17 of their 10-Q about the fate of [...]
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Just as some were saying the worst was over for Wall Street, AIG (AIG: 40.28 [...]
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By Martin Hutchinson
New Russian President Dmitry Medvedev wants better links with Europe. [...]
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It has been a good day for stocks and commodities. Major US indices like the [...]
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Disney (DIS: 34.30 -0.26 -0.75%) managed to work its magic for investors this quarter. Even [...]
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By William Patalon III
There’s an old Wall Street adage that tells us that “the [...]
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Stock investors are generally seen to be wearing bullet-proof vests these past few weeks. Oh, [...]
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