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Sun, Oct 12 2008 (GMT)

Weekly Latest Performance

Date	GBP/USD
06 Oct 2008	0
07 Oct 2008	105
08 Oct 2008	0
09 Oct 2008	0
10 Oct 2008	0
Total	105

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Latest Technical Analysis

iFOREX.bg EUR/USD Technical Analysis 24 July 2008

Term: Daily Trend:

IForex.bg - 24, Jul 2008 06:28 GMT

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:

World-Signals® - 25, Sep 2008 15:41 GMT

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 ...

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Breaking News By RTTNEWS

Global cues and FII money likely to influence Indian market
Sat, 20 Sep 2008 06:31:57 GMT

Looking ahead, the Indian market is expected to react to the news emanating from the US financial sector. Domestic triggers such as inflation and GDP could take a back seat, while investors will react to the developments on the Indo-US Nuclear deal and all issues related to the global credit crisis. The market may be volatile ahead of the expiry of September series derivative contracts Thursday. The American President George Bush has invited the Indian Prime Minister Manmohan Singh to the White House on September 25 and it is expected that the deal will be approved by that time, before the close of the Congress session on September 26.

Divide Evident Over Financial Fix, Despite Pledges Of Bipartisanship
Fri, 19 Sep 2008 22:42:55 GMT

Despite Thursday night's pledges of bipartisanship in solving the current economic crisis, some fault lines have already begun to show in the cooperative spirit in Washington. On Friday, congressional leaders reacted to emerging details of the Bush administration's proposals to stabilize financial markets, with Democrats calling for a broader relief bill and some Republicans expressing uncertainty about interventions at all.

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