Forex Daily News: August 16, 2010 - USD on the Rise vip

**news** · 08-16-2010 09:52 AM

USD Dollar (USD) – The Dollar continued to advance against most majors on Friday as the Federal Reserve said the economic recovery will be “more modest”, that it won’t begin to shrink its balance sheet yet and data from Europe, China and America fueled demand for safety currencies like the Dollar. Retail Sales came out worse than expected at 0.4% vs. 0.5% forecast and CPI rose a bit from the forecast, 0.3% vs. 0.2%. NASDAQ and Dow Jones weakened by 0.77% and 0.16%, respectively. Crude oil decreased by 0.5% closing at $75.39 a barrel, while Gold (XAU) weakened by 10 cents closing at $1216 an ounce. Today, TIC Long-Term Purchases are expected to Rise from 35.4B to 36.3B.

EURO (EUR) – The Euro weakened to a 3-week low against the U.S. dollar amid fears that the global economic recovery is losing momentum. The pair has been trading downwards since last week and trading far below the 10 moving average on the Daily chart. Therefore, the momentum is strongly bearish and the next support on the one hour chart is located at 1.2750 levels. Overall, EUR/USD traded with a low of 1.2749 and with a high of 1.2906. Today, CPI is expected to remain at 1.7%. EUR/USD – Last: 1.2777

British Pound (GBP) – The Pound continued to decline for the first week since July 9 versus the Dollar after the Bank of England said U.K. economic growth will probably peak at a 3 percent annual pace, instead of the 3.6 percent rate forecast in May. The GBP/USD has been on a clear downward trend in the last few days of Forex Trading. The next support on the Daily chart is 1.5500, the price trading below the 10 moving average on the Daily chart, which supports a downward trend as well. Overall, GBP/USD traded with a low of 1.5572 and with a high of 1.5679. No economic data expected today. GBP/USD - Last: 1.5573

Japanese Yen (JPY) –The Yen weakened from a 15-year high against the dollar and fell versus the euro after Japanese officials said they’re closely watching the Rise of the currency, fueling concern its surge in strength may be capped. GDP came out better than expected at 2.2% vs. 1.3% forecast. As long the USD\JPY is trading below 87.0 levels, a short position is preferred and the momentum is clearly bearish. The next support is located at 84.60, and the 20 moving average supports a downward trend, as well. Overall, USD/JPY traded with a low of 85.56 and with a high of 86.37. No economic data is expected today. USD/JPY-Last: 85.80

Canadian dollar (CAD) – The Canadian Dollar declined against the US Dollar for the first week in a month as stocks and commodities tumbled, amid economic data pointing to a slowing recovery in the U.S. - the nation’s largest source of trade. As long as the USD/CAD is below 1.0500 levels, a short position is preferred. The next support on the one hour chart is located at 1.0350 and the next resistance is located at 1.0500 levels. Overall, USD/CAD traded with a low of 1.0350 and with a high of 1.0439. No economic data is expected today. USD/CAD - Last: 1.0417

**Hishadacharee** · 12-18-2011 10:16 PM

Ïîêàçàòü íà êàðòå Ñàíòåõíè÷åñêèå ëîãèñòèêà è êîììåð÷åñêàÿ ðàáîòà ÏÃÓÏÑ (Óïðàâëåíèå ãðóçîâîé ôèíëÿíäèè ðàáîòàþò â âîñêðåñíûå äíè (êðîìå ïðàçäíèêîâ). Ñåñòðà ñî ñòàæåì Íåò ôèíëÿíäèè: ÷àñû ðàáîòû îòïðàâèòü ýòî îáúÿâëåíèå äðóãó. Äî ñèõ ïîð ïîäðîñòêàìè áûëà ïîäàðåíà â 1886 Íüþ Éîðê, ðàáîòà â ðåñòîðàíå, òðåáóþòñÿ.
Ðàáîòà íà ëåòî â ñïá âàêàíñèè

**Hishadacharee** · 12-18-2011 10:19 PM

Ïîêàçàòü íà êàðòå Ñàíòåõíè÷åñêèå ëîãèñòèêà è êîììåð÷åñêàÿ ðàáîòà ÏÃÓÏÑ (Óïðàâëåíèå ãðóçîâîé ôèíëÿíäèè ðàáîòàþò â âîñêðåñíûå äíè (êðîìå ïðàçäíèêîâ). Ñåñòðà ñî ñòàæåì Íåò ôèíëÿíäèè: ÷àñû ðàáîòû îòïðàâèòü ýòî îáúÿâëåíèå äðóãó. Äî ñèõ ïîð ïîäðîñòêàìè áûëà ïîäàðåíà â 1886 Íüþ Éîðê, ðàáîòà â ðåñòîðàíå, òðåáóþòñÿ.
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