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Tuesday,
05 February 2008,
11:57 GMT
Research
>
Forex - Technical research
Forexyard Research
05/02/'08 - ISM Non-Manufacturing on Tap
A large portion of the focus for this week will not be on US economic data alone, but outside data which in large part will be reacting to last week's full schedule from the US...
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Monday,
04 February 2008,
13:07 GMT
Research
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Forex - Technical research
Forexyard Research
04/02/'08 - Will the Greenback Maintain It's Recovery?
After a week full of mixed U.S. economic data, a steady stream of negative news from the U.S. housing sector and even after the reduction of the interest rate, the greenback is only marginally lower. Friday's dismal U.S. Non Farm Payrolls report sent the USD near record-lows against...
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Thursday,
31 January 2008,
16:51 GMT
Research
>
Forex - Technical research
Forexyard Research
31/01/'08 - Greenback on its way down.
Yesterday the greenback slipped sharply against most of the major currencies on the back of the news that the Fed had slashed the Fed Fund Rate and the Discount Rate by an additional 0.5%. The Federal Funded rate, which is the U.S inter-bank lending rate, was cut from 3.50% to 3.00%. While the Discount...
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Wednesday,
30 January 2008,
15:32 GMT
Research
>
Forex - Technical research
Forexyard Research
30/01/'08 - US Interest Rate Statement On Tap.
Today at 19:15 GMT, we are scheduled to see the release of the US interest rate statement. The greenback was steady against its major crosses yesterday, as investors waited to see how big an interest rate cut the Federal Reserve will deliver today in its fight against the...
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Tuesday,
29 January 2008,
16:19 GMT
Research
>
Forex - Technical research
Forexyard Research
29/01/'08 - Market awaits tomorrow's rate cut
The greenback continued to take a hit as yesterday's New Home sales figure spurred speculation that the Federal Reserve will cut its benchmark lending rate by 0.5% this week to prop up the economy. The Fed will announce its rate decision tomorrow at the end of a two-day policy meeting. Interest Rate Futures reflect a roughly 90% chance of a 0.5% rate cut by the Fed this week...
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