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Dollar (USD)
Dollar showed a mixed reaction against major currencies, thereby not showing signs for one particular direction. Unless there is major news coming out this would continue. NASDAQ went up by 0.3% and Dow Jones went down by 0.04%. The crude fell and closed at $84.81 a barrel and Gold went up by $1365 an [...]
Archive for the ‘Forex trading news’ Category
Forex outlook for the day.
February 15th, 2011 
admin 
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Market review on forex trading.
February 14th, 2011 admin Tweet
Dollar (USD)
When the Federal Reserve said that an increase in Treasury yield indicates that economy is reviving it gave investors lot of confidence and to top it up the trade balance came out -40.60B against forecasted -40.70B. This made Dollar strengthen against major currencies. NASDAQ went up by 0.7% and along with DOW Jones going [...]
Quick forex updated
February 9th, 2011 admin Tweet
Dollar (USD)
Dollar didn’t show a consistent direction against major currency. It went up against some currency and vice versa. The trader’s seems to be very bullish about USD. NASDAQ and Dow Jones strengthened by 0.47% and 0.59% respectively.
Euro (EUR)
Euro showed a bit of rise against USD. The support level of 1.3500 and resistance level of [...]
