#1
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The dollar continued consolidation high.
The latest U.S. and Europe announce a series of economic data. U.S. Department of Labor (DOL) published data showed that the number of U.S. jobless claims reflecting the job market unexpectedly rose to nearly 6 months the highest level, the market for the U.S. employment environment feel disappointed.
At the same time, the Greek financial market has not been effective in improving economic performance. Greek National Bureau of Statistics (Elstat) published data show the Greek second quarter gross domestic product (GDP) fell 1.5% quarter rate, down 3.5% annual rate. GDP of the country seven consecutive quarterly decline in year 2010, the economic situation in Greece is also not very optimistic. In addition, the euro is relatively weak overall economic performance. Meanwhile, France and Germany's industrial output has been reduced. The data of the performance lead to the pessimistic market sentiment further tend. Since the data release, the EURUSD briefly hit a three-week low of 1.2782. Thursday (August 12) New York morning session after U.S. dollar gains strength from the previous day, pulled back slightly, but still below the high of consolidation in the day. European City midday, the dollar index has hit a intraday high of 82.78. After the EURUSD hit a three-week lows has slightly raise, but has not yet recovered all the lost. GBP / USD continued to weaken, and hit two-week lows early in New York. In addition, the USD/JPY strength, currently trading around 85.97 in the days high. ________ Last edited by pipigogo : 04-03-2011 at 10:53 PM. |
#2
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but now there are indications for reversal. a good broker comparison:
Last edited by Butscher : 11-24-2010 at 05:58 AM. |
#3
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possibility for change through "" in another direction is high. Look also at
Last edited by Butscher : 11-24-2010 at 06:00 AM. |
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