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Forex Daily Analysis – January 21st 2009

After yesterday’s ceremonial inauguration of Barack Obama, today is back to normal. Regular economic news will dominate forex trading. The German PPI (Producer Price Index) is expected to show a fall of 1.1%. Also from Europe, yet another speech from ECB’s Jean Claude Trichet. EUR/USD could fall more after Trichet’s speech. Britain, which saw it’s

Forex Weekly Outlook – January 19-23 2009

Before the new week begins, there were major events during the weekend. The Gaza war is nearing its end, with a unilateral cease fire declaration by Israel. If it holds, the ending of this conflict in Gaza will impact oil prices, stock prices, and forex trading, especially USD/CAD and AUD/USD. More about the Gaza cease