Low activity in the market as the lull before the storm
There was US dollar correction against all the major currencies on Monday in anticipation of important data and statistics which will be published between Wednesday and Friday. Not only USA economic statistics will be published, but also ADP Employment …
Australian dollar has everything for a sustained growth, even though the biggest bank in the country (The Commonwealth Bank of Australia) has decreased its’ forecast for AUD/USD. It is expected now that by the end of 2014 pair will be priced around 0.8400 instead of 0.8900, as it was predicted …
US dollar is still a favorite
US dollar is in the uptrend due to good overall statistics and willingness of US Federal Reserve to continue to cut incentives related to the buyback of government and mortgage bonds. Euro decreased by 1% due to weak inflation statistics from Germany and relatively …
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