New Depreciation for Dollar
This is a discussion on New Depreciation for Dollar within the Market News forums, part of the Market Discussions category; July 27, another week started trading witnessing new high for EUR/USD reaching a point of 1.4200. As the US currency ...
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#1
07-27-09, 11:34 AM
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New Depreciation for Dollar
July 27, another week started trading witnessing new high for EUR/USD reaching a point of 1.4200. As the US currency has been trading flat versus the other major currencies traded in forex, it is accelerating to high volatility period at the start of this week. Traders have shifted to higher risk assets, abandoning Dollar. In the forex market, this means a diversification towards the EUR, CAD and even AUD.
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#2
09-28-09, 10:21 PM
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The start of the week was positive for the Dollar Index, after rebounding 0.6% during the last session. The reason for this climb is the expectations for the German CPI, where the consensus points to the first contraction in four months…
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#3
10-06-09, 10:32 AM
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EUR/USD at $1.4691
The USD declined to $1.4691 versus the EUR from $1.4648 in New York on Monday. The USD declined to 89.02 versus the JPY from 89.53 Monday.
To view the detailed analysis with charts and suggestions of possible rates to open or close your positions you may view technical analysis page.
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