Fri, Jul 10 2009  (GMT)
Weekly Latest Performance
Date GBP/USD
08 Dec 2008 0
09 Dec 2008 44
10 Dec 2008 5
11 Dec 2008 3
12 Dec 2008 0
Total 52
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Latest Technical Analysis
iFOREX.bg EUR/USD Technical Analysis 24 July 2008
Term: Daily      Trend:
The Euro continued descending yesterday against the US Dollar Tuesday Wednesday's top 1.5797 to the bottom 1.5671, which are the first resistance and support levels respectively for the currency couple today. If the negative trend continues, next support is expected at 1.5600, followed by 1.5535. In upward direction next resistance for today is expected at 1.5865, the break of which would lead to next target 1.5940.

Latest Fundamental Analysis
The congress to approves $700 billion risky plan
Term: Daily      Trend:
The U.S. congress probably will approve the multi billion plan to help the financial system. These speculations were stronger than the economic release today. The Initial Claims continue to jump to 493K, at the same time Durable Orders down to –4.5%. The crisis in the U.S. home sales continue, as the New Home Sales fall to 460 000 for the month by 515 000 a month ago. The second speculation moving the market is that Bernanke probably is turning to interest rates cut. The latest economi ...

* Click here to view full economic calendar

Breaking News By RTTNEWS
Wall Street Closes Mixed For The Session And The Week
Fri, 26 Jun 2009 20:56:38 GMT
Stocks finished Friday's session on a mixed note, as traders largely shrugged off the day's economic data. The major averages finished on opposite sides of the unchanged line by mild margins, seeing yet another lackluster outing prompted by low volume. With the mixed performance for the session, the major averages also closed mixed for the week. While the Nasdaq posted a 0.6 percent gain for the week, the Dow and the S&P 500 posted their second consecutive weekly losses.
Vice President Biden Points To Positive Economic News
Fri, 26 Jun 2009 19:06:05 GMT
Vice President Joe Biden pointed to some promising economic indicators Friday, stating that while he is "encouraged" by the latest consumer sentiment report, there is still a long way to go.
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