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Dollar extends decline as rate differentials weigh

April 29, 2011 by SteveT   Comments (0)

The US currency fell again this week after the Federal Reserve confirmed market suspicions that it would not be ready to tighten monetary policy for some time to come

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NYMEX-Crude up eyeing weak dollar, Africa turmoil

April 29, 2011 by SteveT   Comments (0)

* Dollar weakness continues to be supportive to oil * Rising gasoline, food prices fuel U.S. personal spending * Coming up: NYMEX May refined products expiry Friday NEW YORK, April 29 (Reuters) – U.S. …

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US Dollar / Swiss Franc – 29/04/2011 06:09 GMT

April 29, 2011 by SteveT   Comments (0)

USDCHF - US Dollar / Swiss Franc

US Dollar / Swiss Franc

Weekly Daily Hourly
Trends
Resistances 0.8875 0.883 0.876
Supports 0.86 0.867 0.871
Our strategy
FLAT

Forex CorrelationForex Correlation

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Daily Report: Dollar Soft in Tight Range, Remains Vulnerable

April 29, 2011 by SteveT   Comments (0)

Dollar remains soft in tight range against other major currencies. The post-FOMC selloff stalled yesterday but the greenback is still vulnerable to deeper decline. Overall market outlook is not favoring a rebound in the greenback yet. Risk appetite is still firm with DOW extending recent rally to close at 12763

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Euro rise on inflation, dollar low ahead of income report

April 29, 2011 by SteveT   Comments (0)

The market continues to fluctuate heavily in the aftermath of the US developments from the FOMC to growth figures reported yesterday.We can see the sentiment jittery and starting to shift with crude trending lower on signs of slowing recovery, while currencies to the opposite turn higher against the.

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