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Because every second matters
Because every second matters

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EUR/USD Forecast - April 10 2014
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The dollar slipped to a five-month low, according to the Bloomberg Dollar Spot Index, which tracks its performance against ten major rivals.

EUR/USD rose to 1.3871 overnight, its highest since March 24th, while USD/JPY touched 101.64 after bouncing up to 102.16 yesterday.

#forex   #trading  
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USD slips as dollar bulls get tired waiting for a rally.

#forex   #usd  
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Last week Super Mario left his mark on the markets once again.

Despite leaving interest rates unchanged at a historic low of 0.25 percent, we see that the ECB did all its best to talk down the single currency: http://bit.ly/1e7Pkd5
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The dollar edged higher on Thursday, up to a two-month high against the Japanese yen, before key data from the US.

The Bloomberg Dollar Spot Index trades at its highest level in two weeks. The euro slipped versus the greenback ahead of the European Central Bank meeting today, in which policymakers are expected to sound dovish later today. http://bit.ly/1hDCFNZ

#forex   #dollar   #ECB  
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In contrast to a press conference following her first FOMC meeting as Federal Reserve Chairman, Janet Yellen gave what many considered a very dovish speech on Monday, highlighting the slack in the American economy.

Yellen, at a speech in Chicago, said that the US economy and labor market were far from healthy. She stressed that “extraordinary commitment is still needed and will be there for some time”.

#forex   #forex_trading  
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US equities closed in the green yesterday encouraged by improving construction and manufacturing data from the US for March.

In Asia equities took the positive handover with the Japanese Nikkei registering strong growth as investors celebrated the weaker JPY.

#forex  
USD/JPY marking fresh 3 month highs
USD/JPY marking fresh 3 month highs
theforexchampionship.com
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