Stunning Reversals Shock the FX World
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Stunning Reversals Shock the FX World
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Stunning Reversals Shock the FX World
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Stunning Reversals Shock the FX World
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Reaction after Bernanke: The main event risk yesterday (5/22) was the Bernanke testimony in front of the Join Economic Committee. The reaction after it was a strong USD across the board. The EUR/USD fell sharply from around 1.30 but failed to reach 1.28 by the end of the session, and
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EUR/USD Fails to Extend Bearish Reaction and Rallies Above 1.29
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Euro Continues to Carve Lower Top- ECB Increasingly Cautious
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Euro Continues to Carve Lower Top- ECB Increasingly Cautious
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Eurozone business still going backwards
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Eurozone business still going backwards
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Bullish market: GBP/AUD has been in a bull market since the beginning of April. The 4H chart shows that very clearly as price continues to makes higher highs and lows, remains above a rising trendline going back to lows from Apr. 10/11.
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GBP/AUD Forming a Double Top and Threatening a Rising Trendline
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Europe’s largest economy Germany, which has been criticized for not doing enough to help struggling euro zone countries, has topped a poll as the world’s most popular country.

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Most Popular Country in the World, Revealed
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Europe’s largest economy Germany, which has been criticized for not doing enough to help struggling euro zone countries, has topped a poll as the world’s most popular country.

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Most Popular Country in the World, Revealed
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USD/CAD Technical Analysis 05.23.2013
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USD/CAD Technical Analysis 05.23.2013
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* U.S. dollar falls 0.5 percent vs basket of currencies * China PMI shrinks for first time in 7 months * U.S.
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PRECIOUS-Gold up as dollar, shares slide after China, Europe data
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Support pivot: After a bearish push that followed softer UK inflation data and Bernanke’s testimony, the GBP/USD finally found support around a previous support pivot near 1.5025.The 4H RSI also resolved an oversold reading.
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GBP/USD Trades in a Falling Channel; Bounces off Support Pivot
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