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Latest forex analysis

ForexAnalysis

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Read the latest forex analysis:

The Greenback Continues to Weaken.

"The dollar posted its biggest losses through the past week after the Fed dropped its benchmark rate to 4.75%, mainly due to the biggest housing slump which threatens to weaken the U.S economy."
 
Latest Forex Analysis

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ADP Nonfarm Employment Change is on tap today.

"Since the beginning of the week the Greenback has rebounded after a sharp sell-off, which was prompted by an aggressive Federal Reserve interest rate cut last month and expectations of monetary consolidation. The moderate USD appreciation continues today as investors are seeking more clues on the health of the U.S. economy."
 
Interview with the President of Forexyard

Read the Interview With Lee More, the President of Forexyard.

Read all about Forexyard target audience, future plans, advantages, and their opinion about the future changes at the NFA.
 
Latest Forex Analysis - 15/10/07

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U.S data took center stage on Friday

"U.S data took center stage on Friday, with retail sales and PPI both coming in higher than expected. Retail sales increased on strong sales of gasoline, automobiles and food, giving traders a sigh of relief that the economy isn’t as weak as assumed."
 
Read the latest forex analysis:

The Greenback Continues to Weaken.

"The dollar posted its biggest losses through the past week after the Fed dropped its benchmark rate to 4.75%, mainly due to the biggest housing slump which threatens to weaken the U.S economy."

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hrmmmm:-?
sekurang2nyer ko letak la pair2 yg berkaitan tuh kat thread ko nie...baru meriah cket..<:-P
pastuh ramai la akan bertanye updated signal..
bile ko dah mulakan kerja ko tuh...ko teruskan jer..
this only my suggestion 5 cent
 
Latest forex analysis - 18.10.07

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USD again closing in on multi-year lows.

"The risk reduction ahead of the coming weekend's G7 event has been far shallower than anticipated, and overnight developments have the USD within reach of its multi-year extremes in weakness again."



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Last edited:
Latest forex analysis - 22/10/07

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G7 Statement focuses on China, giving USD weakness a theoretical green light.

"The G-7 produced little in the headlines. Therefore, the knee-jerk reaction to the statement, which focused on the Chinese Yuan and the unified call for China to allow its currency to strengthen more rapidly, was that this gives a green light to further USD weakness. "


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Read the latest analysis - 29/10

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Euro and Crude trade at record highs. AUD trades above 92 cents.

"The Euro (EUR) traded at fresh record highs on a broadly weaker dollar following sustained credit turmoil. The Euro headed towards its third weekly gain against the greenback as consumer confidence did little to provide any relief. Overall the EURUSD traded with a low of 1.4317 and a high of 1.4394 before closing the day at 1.4385 in the New York session."



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Read the latest forex analysis:


Euro and Crude trade at record highs. AUD trades above 92 cents.

"The Euro (EUR) traded at fresh record highs on a broadly weaker dollar following sustained credit turmoil. The Euro headed towards its third weekly gain against the greenback as consumer confidence did little to provide any relief. Overall the EURUSD traded with a low of 1.4317 and a high of 1.4394 before closing the day at 1.4385 in the New York session."



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yup...cad driven by oil price...aud driven by gold....jpy ok sket -carry trade....usd baru 75% lebey kurang baru nak masuk recession...da masuk memang lg teruk...
 

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Currency
Rates
EUR / USD
1.16059
USD / JPY
159.922
GBP / USD
1.34226
USD / CHF
0.79137
USD / CAD
1.38919
EUR / JPY
185.604
AUD / USD
0.71361
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