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Expect Volatility for the Upcoming December 3rd 2012 FX Week
Unfortunately, we cannot write about the upcoming week in the FX markets without mentioning the US “fiscal cliff” drama again. With this being said, there is a high probability that we will get headlines during the week that will push the markets around back and forth. We are simply going to be stuck in a […]
Read Some MoreEUR/USD Gains 319 Pips on Fed’s QEX And Levels to Watch Next Week September 17th 2012
The Euro closed the week 319 pips higher against the dollar and 268 higher against the Japanese Yen on the back of the Fed’s decision to launch QEX. Since this was the most important news event of the past week and markets didn’t move much until the FOMC’s decision on Thursday, we’ll focus this article […]
Read Some MoreEuro Gains +245 Pips on ECB Bond Buying Plan And Levels to Watch Next Week September 10th 2012
Last week in the forex market was all about the ECB. On September 6, the new ECB bond buying program was supposed to be unveiled. But since secrecy seems to be non-existent in Europe’s politics we got the plan leaked early just like it happened countless times before. On September 5 the ECB sent the […]
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