From the daily archives: Thursday, February 4, 2010
There were two high-powered interest rate decisions this morning from the Bank of England and the European Central Bank. However, these events were otherwise overlooked as the winds of risk aversion once again whipped up. This is an unusual burst of energy considering the presense of one of the most Continue Reading →
EURUSD – Euro Forecast to Depreciate vs US Dollar GBPUSD – British Pound Outlook Strongly Bearish USDJPY – Japanese Yen Trading Higher against US Dollar USDCHF – Swiss Franc Forecast to Depreciate vs.
Continue Reading →The Japanese Yen bounced back on Thursday and is the best performing currency against the greenback, while the New Zealand dollar took the biggest tumble amongst the majors and slipped below the 200-Day SMA to reach a fresh yearly low of 0.6845.
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