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Although there is still strong domestic resistance to the austerity measures in Greece, financial markets are starting to view the situation in a more relaxed light. This is probably partly thanks to prime minister George Papandreou's goodwill tour to the US, and partly as a result of the proposal to...
This was basically a week of continuing consolidation, except for the USD/CAD which is looking seriously at the parity scenario. The coming weeks may be crucial as the markets test important powerlines. We have short-term consolidations/corrections in pairs such as EUR/USD, GBP/USD, EUR/GBP, and GBP/JPY. But we are also testing...
Although intra-day rise to 1.5174 suggests a test of resistance at 1.5197 is likely, break there is needed to confirm another leg of corrective upmove from recent low at 1.4781 is under way and bring further gain towards 1.5289/90 (approx. 100% projection of 1.4781 to 1.5197 measuring from 1.4873), however,...
FXstreet.com (London) - The pound has retaken its bull trend against the Dollar in the final US...For more information, read our latest forex news.
FXstreet.com (London) - Heading into the close DowJones has fallen into a tight range as players...For more information, read our latest forex news.
House Democratic leaders hoping to pass a health care reform bill by the Easter congressional recess face increasingly difficult odds, as several of the party's rank-and-file have come out against the Senate's plan.
The wife of Senate Majority Leader Harry Reid underwent neck surgery Friday after being injured with their daughter in a four-vehicle wreck in suburban Washington a day earlier, her surgeon said.
Secretary of State Hillary Clinton said Friday that Israel's announcement of new settlement construction in disputed territory in East Jerusalem was "insulting" to the United States.
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