Mansoor Mohi-uddin, Chief Currency Strategist at UBS Investment Bank warns that commodity currencies are set to suffer on further investor risk aversion.
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After the initial sting, Standard & Poor's downgrade of the U.S. credit rating should take a back seat to concerns about the health of the U.S. economy and efforts to resolve the European debt crisis.
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IMPORTANT LEVELS TO WATCH
July 13, 2011 : 11:03 am GMT
Daily Chart:
https://www.arabfx.net"]
A sideway action, which looks unfavorable for bulls, so far, is hovering just below a major resistance zone. We don’t know yet if this pattern will turns to be a Head-and-Shoulders...
Traders will be tuned in to Bernanke's Senate testimony Wednesday to see what he says about the economy and any new stimulus measures. Don't get too excited about a QE3, one economist said — that was just the Fed thinking out loud.
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With many investors still in their bunkers, bulls are emerging to duke it out with bears for control of a stock market that still feels a bit bumpy.
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Fed Chairman Ben Bernanke weighs in on the economy Tuesday, and he is expected to acknowledge the recent slowdown but may withhold a view on the duration.
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هذا الموقع يستخدم ملفات تعريف الارتباط (الكوكيز ) للمساعدة في تخصيص المحتوى وتخصيص تجربتك والحفاظ على تسجيل دخولك إذا قمت بالتسجيل.
من خلال الاستمرار في استخدام هذا الموقع، فإنك توافق على استخدامنا لملفات تعريف الارتباط.