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Forex Trading Weekly Forecast 08.11.08
Monday, 11 August 2008 02:16:16 GMT  |  John Kicklighter, Terri Belkas, David Rodríguez, John Rivera and Ilya Spivak, Currency Analysts
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US Dollar breaks records and resistance, but forex traders will be looking for the rally to continue, Euro recovery may only be possible on strong Q2 GDP, carry selling and risk aversion holds USDJPY back, British Pound eyes big moves ahead, Swiss Franc tumbles on dollar strength and risk appetite, Canadian Dollar pummeled by weak oil and labor market data, Australian Dollar looks weak but a correction is likely, New Zealand fundamentals yield to US sentiment.

$          US Dollar Breaks Records/Resistance, Will The Rally Continue?
€           Euro Recovery May Only Be Possible On Strong Q2 GDP
¥           Carry Selling And Risk Aversion Holds USDJPY Back
₤           British Pound Eyes Big Moves Ahead
₣           Swiss Franc Tumbles On Dollar Strength And Risk Appetite
C$        Canadian Dollar Pummeled By Weak Oil, Labor Market Data
AU$     Australian Dollar Looks Weak, But a Correction is Likely
NZ$     New Zealand Fundamentals Yield To US Dollar Sentiment

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