Nonetheless, the trend is staying bearish and should persist until year’s end. GBPUSD, in particular, appears to be leading the way. A breakout above 1.6195 could quickly target 1.6295/1.6590.
Sunday, 28 October 2012
The US dollar is briefly reboundingfrom the decline that started in June.
Thursday, 25 October 2012
(Chart Courtesy: The Atlantic, Oct 2, 2012)
Guest Post by Emma Davis
Global youth unemployment has been a major issue that has been haunting the world and Europe in particular even before the year 2008 and it is showing no signs of improvement.
Sunday, 21 October 2012
correct short-term, but a rise to 1.34/1.38 is still on the cards. The European
debt crisis is ending.
|(Image by By Abode of Chaos via Flickr)|
Sunday, 14 October 2012
The US dollar can decline further. However, brief upside corrections are still possible, as the crude oil market could temporarily test 88.00-80.00.