Common currency an impossible dream, says Mindshare - New Media Age
The industry will not fully adopt one common currency online, according to Steve Simpson, global leader of business planning at Mindshare Worldwide. During his keynote at I-COM in Lisbon today, Simpson said, “I don’t believe we’ll talk about a ...
Publ.Date : Fri, 12 Mar 2010 10:44:00 GMT
World currency trade rises 17% to $2.7 trillion a day - FreshPlaza
Global currency trading rose to $2.7 trillion a day between April and October, the first growth since the six months to April 2008, the Reserve Bank of Australia said, citing data from five markets. Transactions increased by 17 percent from the ...
Publ.Date : Thu, 11 Mar 2010 13:59:00 GMT
Indonesia's foreign currency rating raised by S&P - Marketwatch
FRANKFRUT (MarketWatch) -- Indonesia's long-term foreign currency sovereign credit ratings was raised on Friday to BB from BB- by Standard & Poor's Ratings Services, which said the improving government debt ratio and growing foreign currency reserves ...
Publ.Date : Fri, 12 Mar 2010 10:08:00 GMT
Obama administration blasts China over currency and ... - Baltimore Sun
WASHINGTON (AP) — The Obama administration accused China on Thursday of abusing its citizens' rights and maintaining currency policies that cost millions of U.S. jobs, a double-barrel attack that comes amid a growing willingness to confront and ...
Publ.Date : Fri, 12 Mar 2010 00:07:00 GMT
S&P raises Indonesia's foreign currency rating to BB - The Guardian
HONG KONG, March 12 (Reuters) - Ratings agency Standard & Poor's on Friday upgraded Indonesia's foreign currency sovereign rating to BB, two notches below investment grade, from BB minus citing declining government debt burden and growing foreign exchange reserves. The outlook on the rating was
Publ.Date : Fri, 12 Mar 2010 08:14:00 GMT
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Author: Jason Fielder

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I hope that you caught some of the large moves over the last few days he recent pullbacks that we have seen in the USD/JPY are good times o buy.

The USD/JPY has a positive interest rate differential, so the rice is more likely than not to bounce back. Look at buy when the SI (set to 4) closes below 30.  

The USD/JPY moved higher during Friday's session after better than xpected US Trade Balance figures. The EUR/USD moved lower on the US rade Balance news. This pair closed at the 38.2% retracement after ropping 48 pips lower.

The GBP/USD closed at the low prier to the revious retracement. If lower price continue, we could see 1.9546.
The USD/CHF closed above it's three week high Friday. We will have to see if the upward trend continues.


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