DailyMarkets.com - Major Currency Trends For Major Gain – Yen And US Dollar

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• Major Currency Trends For Major Gain – Yen And US Dollar
• Forex – GBP/USD Weekly Outlook: February 14-18
• Forex – NZD/USD Weekly Outlook: February 14-18
• Forex – USD/CAD Weekly Outlook: February 14-18
• Forex – AUD/USD Weekly Outlook: February 14-18

Major Currency Trends For Major Gain – Yen And US Dollar Posted: 13 Feb 2011 07:35 AM PST Over the past few years Forex traders have really had to step up their game in order to continue making money in the currency market. Back in the day before currency trading was main stream, currencies used to trend in a direction for a long period of time with a low level of volatility. But with so many individuals now involved speculating on price action coupled with international concerns in most countries, the once slow and steady currency market now moves like the stock market with … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Weekly Outlook: February 14-18 Posted: 13 Feb 2011 06:47 AM PST Forex Pros – Last week saw the pound close lower against the U.S. dollar, after a rally driven by speculation over a U.K. interest rate hike stalled in the absence of clarity from the central bank on when a hike might occur. GBP/USD hit 1.5962 on Friday, the pair's lowest since January 31; the pair subsequently consolidated at 1.6005 by close of trade, shedding 0.57% over the week. Cable is likely to find support at 1.5912, the low of January 31 and resistance at 1.6112, Friday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Weekly Outlook: February 14-18 Posted: 13 Feb 2011 06:17 AM PST Forex Pros – Last week saw the New Zealand dollar drop to a three-week low against its U.S. counterpart on Friday amid indications the U.S. economic recovery was gaining momentum, boosting the outlook for U.S. growth. NZD/USD hit 0.7551 on Friday, the pair's lowest since January 21; the pair subsequently consolidated at 0.7602 by close of trade, dropping 1.2% over the week. The pair is likely to find support at 0.7523, the low of January 21 and resistance at 0.7721, Thursday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Weekly Outlook: February 14-18 Posted: 13 Feb 2011 04:43 AM PST Forex Pros – The Canadian dollar rose sharply against its U.S. counterpart on Friday, erasing the weeks losses, after an unexpected trade surplus in December sparked speculation the Bank of Canada will raise borrowing costs sooner than other central banks. USD/CAD hit 0.9986 on Thursday, the pair's highest since February 1; the pair subsequently consolidated at 0.988 by close of trade on Friday, easing up 0.05% over the week. The pair is likely to find support at 0.9831, the low of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Weekly Outlook: February 14-18 Posted: 13 Feb 2011 04:26 AM PST Forex Pros – Last week saw Australia's dollar slump to a nine-day low against its U.S. counterpart on Friday, after the governor of the Reserve Bank of Australia indicated the country's benchmark interest rate was appropriate in the near term. AUD/USD hit 0.9960 on Friday, the pair's lowest since January 31; the pair subsequently consolidated at 1.0019 by close of trade, slumping 1.1% over the week. The pair is likely to find support at 0.9864, the low of January 31 and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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