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04 Oct 2007: USD strengthens as market welcomes positive data
New Zealand dollar
Wild ride continues for the NZD. There was more volatility and two-way price action for the NZ dollar on Wednesday as the struggle between strong local data and a round of USD strength continued. The NZD lost favour in the morning and sold off from 0.7600 down to the key support level of 0.7550. ...
Wild ride continues for the NZD. There was more volatility and two-way price action for the NZ dollar on Wednesday as the struggle between strong local data and a round of USD strength continued. The NZD lost favour in the morning and sold off from 0.7600 down to the key support level of 0.7550. ...
03 Oct 2007: The USD/JPY and 116.00
The USD/JPY continues to congest on the daily chart between a narrowing triangle pattern. This set up has traders looking at 116.00 and the near term high at 116.07 as a decision level for where a sustained breakout could strengthen. ...
03 Oct 2007: ZD slides, global investment perks up
The start of a new quarter on Monday has brought a fresh perspective to recent credit crisis blues. Investors globally have been returning to sharemarkets on a grand scale and even former Fed chairman Alan Greenspan has upped his tune. ...
03 Oct 2007: EUR/USD:(1.4170) New historic high above channel off 1.3358 (see graph)
New historic high above channel off 1.3358 and above daily Long Term daily channel top off 2005 low (1.4042 today).
Drop off 1.4283 puts the pair back in daily channel off 1.3358 (top at 1.4246 today). ...
Drop off 1.4283 puts the pair back in daily channel off 1.3358 (top at 1.4246 today). ...
03 Oct 2007: Market trims USD short positions ahead of data
Australian dollar
AUD plummets as USD recovers. The AUD has had a stellar run over recent weeks but had its first significant down day in over a month on Tuesday. The AUD fell sharply from its all time high against the USD yesterday plummeting from 0.8950 to 0.8810 before a volatile offshore session. ...
AUD plummets as USD recovers. The AUD has had a stellar run over recent weeks but had its first significant down day in over a month on Tuesday. The AUD fell sharply from its all time high against the USD yesterday plummeting from 0.8950 to 0.8810 before a volatile offshore session. ...