World / E-commerce
Technical Analysis Daily: EUR/USD
14.07.2008 02:24
actionforex.com
The Euro climbed significantly on Friday against the US Dollar from Friday's bottom 1.5763 to the top 1.5936, which are the first support and resistance levels respectively for the currency couple today. If the positive trend continues, next resistance is expected at 1.6000, followed by 1.6080. In downward direction next...
World
E-commerce
Forex and Dow Jones Recommended Levels
14.07.2008 01:23
actionforex.com
EUR/USD Today's support: - 1.5868 and 1.5840(main), where correction is possible. Break would give 1.5814, where correction also may be. Then follows 1.5781. Break of the latter would result in 1.5750. If a strong impulse, we would see 1.5728. Continuation will give 1.5716 and 1.5694.
World
E-commerce
Asian Market Update
14.07.2008 01:23
actionforex.com
U.S. Treasury Secretary Paulson on Sunday asked Congress to approve a rescue package that would give officials the power to inject billions of federal dollars into Freddie and Fannie through investments and loans. The Fed also announced it would make one of its short-term lending programs available to the two...
World
E-commerce
FX Overnight Briefing
14.07.2008 00:18
actionforex.com
New Zealand retail sales fell at their steepest pace in over four years in May, backing views that the economy is in its first recession in over a decade and interest rates will fall in the next three months. Seasonally adjusted sales dropped 1.2 % in May, the biggest monthly...
World
E-commerce
Daily Forex Market Commentary
14.07.2008 00:18
actionforex.com
The confluence of geopolitical and systemic risk, and sinking stocks hurt the dollar on Friday. On Sunday, the Treasury and Federal Reserve produced sweeping steps to support Fannie Mae and Freddie Mac and attempt to avoid a potential meltdown in global financial markets. The Fed said both companies could access...
World
E-commerce
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