The British Pound broke out of its recent range and slipped to a fresh month low of 1.5806 during the overnight trade, and the currency may continue to trend lower throughout the remainder of the week as investors scale back their appetite for risk. forex news :: view details »

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The level of concern over the sovereign debt issues in Europe could continue to lend Yen support. Contrary to the height of the credit crisis there are a number of positive fundamentals for bulls to hang their hat on which should limit the potential forex news :: view details »

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Fed’s Evans: Economy sluggish into 2009, inflation receding forex news :: view details »

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The dollar pared overnight gains after tame US consumer-price inflation data on Friday. The lower-than-expected CPI calmed worries that the Federal Reserve is going to raise its federal funds rate after yesterday's discount rate announcement. Still, forex news :: view details »

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Any corrections in the USD and Yen have been short-lived, with the market seemingly fixated on continuing to accumulate the safe haven currency positions.
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• Euro: Reassurances over Greece and Hints at Hawkish Monetary Policy Do Little for Speculators
• British Pound Sees a Critical Break against the Dollar but Other Crosses are Holding Up
• Canadian Dollar Struggles to Capitalize on Strong E forex news :: view details »

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Looking across the various markets Monday, it was clear that speculative interests were relatively subdued. This alludes to the presence of big-ticket fundamental concerns (the potential Greece default and steady withdrawal of government stimulus) t forex news :: view details »

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A sideways correction that extends into the second week of March may be underway in the EURUSD. Range strategies are worth a look in this environment. forex news :: view details »

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