Monthly Archives: July 2015

Dollar Uptrend Under Fire – ST Topping Potential Increasing

Dollar Uptrend Under Fire – ST Topping Potential Increasing

The likelihood that the USDOLLAR Index is establishing a short-term top has jumped after recent price action.
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UPDATE 1-Fitch to reevaluate Brazil fiscal trend after new savings goals

SAO PAULO, July 23 (Reuters) – Fitch Ratings said on Thursday it will reevaluate Brazil’s fiscal trends, which are key for its decision on whether to downgrade the country’s credit ratings, after the…

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FOREX-Euro rises as Greece progresses on bailout steps

* Dollar index trims loss on lowest jobless claims since 1973

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GBP/USD drops to 1.5550 after US data

FXStreet (Mumbai) – The bid tone on the USD strengthened, pushing the GBP/USD pair to a session low of 1.5550 after the labour department data in the US showed the initial jobless claims last week fell to its lowest in four decades. GBP/USD: Supported by the 50% Fib of June rallyThe cable appears toSee Original Article