After staging the beginning of what would become a methodical upside trend in August of this year, the GBP/NZD currency pair has run into a wall of indecision; promulgated by the triangle forming on the Daily and 4 hour charts. Read More GBP NZD Wedges into Triangle for Possible Breakout
Regardless of the type of watch you own, you need to take good care of it, always. Regular maintenance will retain the accuracy and appearance of your watch. When you spend your hard earned money on a watch you want it to last for many years to come. But if you are not performing … [...]
The New Zealand dollar gained today, extending its rally for the second day, after the Reserve Bank of New Zealand key its target interest rate unchanged, but suggested that an increase is possible in the future.(…)Read the rest of RBNZ Signals About Possible Interest Rates Hike, NZD Higher (181 words) Posted on Forex News. Read More RBNZ Signals About Possible Interest Rates Hike, [...]
Will the shorter term resistance line contain the EUR/GBP? Read More London Calling Aug 25 EUR GBP Possible Trendline Reversal
If we were to gauge the euro’s current strength through a lens focused months into the future; the currency would very likely tumble as the possibility for a clean resolution to Greece’s troubles and avoidance of further trouble for the rest of the Euro Zone is highly unlikely. However, the market is neither rational nor [...]
The US dollar fell for another session against major currencies as the nation’s economy continues to show signs of weakening and after Moody’s Investor Service said that it may cut the US credit rating.(…)Read the rest of Dollar Declines Further on Economy, Possible Moody’s Downgrade (160 words) Posted on Forex News. Read More Dollar Declines Further on Economy, Possible Moodys Downgrade
The Reserve Bank of Australia’s May Minutes indicate inflation risks moving to the upside, but concerned some sectors of economy growing slower than others, hindering recovery. Read More RBA Minutes Indicate Higher Rates Likely At Some Point, Monitoring Possible Uneven Recovery
It is feasible that the euro will not survive the current sovereign debt crisis sweeping Europe, one of the Treasury’s leading independent forecasters has said. Read More Euro collapse possible amid deepening divisions over bailout
After a range-bound trading due to absence of economic fundamentals from major economies and Thanksgiving holiday in the United States, markets resumed its trading actions where tensions from the euro-area debt remained predominant. Read More Ongoing Tensions In European Markets On Possible Rescue Package For Portugal
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