10/19 Forex Weekly Reports (ActionForex.com)

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. Forex Weekly Reports (ActionForex.com) EURUSD: Momentum Remains To The Upside October 18, 2009 at 4:54 am A second week of upside gains the past week saw the pair wiping out its corrective losses and breaking above the 1.4844 level to print a new high of 1.4968, its highest price since Sept 22'08. The challenge now is how EUR reacts as it approaches its big psycho level... GBPUSD: Recovery Higher Shifts Focus To The 1.6468 Level October 18, 2009 at 4:53 am The pair recovered strongly higher from its short term low at 1.5708 the past week breaking through its Sept 30'09 high at 1.6124 and its daily major emas to close higher at 1.6356 on Friday. This is the pair's strongest weekly close since Jun'09. With its declines started at the... EMU Economic Indicators Preview October 18, 2009 at 4:47 am The ifo business climate for Germany is likely to have remained more or less unchanged in October. Both the German ZEW economic sentiment and the US ISM manufacturing index have deteriorated. German yield spreads have been fluctuating, because long-term interest rates decreased initially and then recovered somewhat, while short-term rates...   This email was sent to coeozy@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.