Cable | Forex Crunch - Part 7

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Will Retail Sales and GDP Send the Pound Higher?

Will Retail Sales and GDP Send the Pound Higher?

The Pound is trading in the highest levels for many months, near a major resistance line. There are 4 major indicators this week: CPI, MPC Meeting Minutes, Retail Sales and Revised GDP. Will they send the Pound to new highs? GBP/USD trades above 1.50 during the most of May. It destroyed the magical number of

Published by Yohay on May 18, 2009 17:55

Forex Daily Analysis – December 12th 2008

The big news in the Forex market is the big break of the Japanese Yen below the 90 Yen per dollar mark, as low as 88. This is the lowest level in 13 years. It came hand in hand with a rise this week in oil prices. As ananlyzed here, the strong correlation between oil

Published by Yohay on Dec 12, 2008 12:23

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