Thread: Market overview
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Unread 09-28-2010, 08:37 AM
effexx effexx is offline
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28.09.10

The Euro is under pressure because new fear on the European economy situation appeared on the markets. Therefore in the morning the EUR/USD pair dropped but then during the day went up to test a new resistance area. And if the EUR/USD can pass this resistance the next mark for the pair will be 1.3600.

The gold prices are decreasing slowly as a result of the Euro weakening.

The oil contracts today were traded at lower level above $76 per barrel.

The GBP/USD in a short space of time dropped from $1.5850 to the fresh low near the area of 1.5774 due to the weak statistic data from the Bank of England.
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