[ARCHIVE] FOREX - Trends, Forecasts and Consequences (Episode 14: April 2012) - page 24
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the americans have pooped themselves...
The dollar/yen absorbed stops under the Y81.50 level containing barrier. The thin market has intensified the fall in the pair, with lower US yields putting pressure on the dollar. Bids are expected at Y81.20 with stops lower.
Keyword: FOREX
06-Apr-2012 14:48:17 (UTC+2)
where?
Over here! )))
)))
The dollar/yen has broken through Y81.50
The dollar/yen absorbed stops under the Y81.50 level containing barrier. The thin market has intensified the fall in the pair, with lower US yields putting pressure on the dollar. Bids are expected at Y81.20 with stops lower.
Keyword: FOREX
06-Apr-2012 14:48:17 (UTC+2)
Over here! )))
)))
this friday is not right
this friday is not right
Where will the dollar go?
The US data was, to put it mildly, a bit disappointing. Growth of newly created jobs was almost twice lower than expected. Naturally, such numbers put pressure on the dollar, which together with the euro rushed to test the resistance at 1.31, a break through which will open the way to 1.3150/60 and further to 1.32. However, we are dealing with a "thin" market. Therefore, it is possible that once the momentum fades, the pair will return to 1.3040.
Keyword: FOREX
06-Apr-2012 15:08:05 (UTC+2)
this friday is not right
Why?
The euro doesn't dance because...