Forex Commentaries and Forecasts
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No key fundamental events on the market
Mon, May 19 2008, 13:33 GMT
by Peter Mill
World-Signals®
The markets
remain mix in an absent of key economic events today. The trading in
Euro-Dollar is flat. The trading is based over technical analyses. The pressure
over the dollar remains as overall due too the raising speculations for
continue of U.S. housing slumps.
We can see
new attacks on the forex market against the dollar said George Marshal forex
analyzer in World-Signals.com. These attacks will test the levels of 1.60
again. The continue raise of Oil prices will continue to hurt the U.S. economy.
There is
not important event to move the market, as we will continue to see trading at
the levels of 1.53/57 said Peter Mill forex expert in World-Signals.com.
The
Euro-Dollar today was trading at 1.5632 and recovery to 1.5573 in the time when
U.S. market open today.
Published on
Mon, May 19 2008, 13:34 GMT
Archive
- U.S. economy is in recession
Published On Tue, Jul 1 2008, 05:45 GMT
- The Crude Oil breaks above $140 today
Published On Thu, Jun 26 2008, 20:13 GMT
- World-Signals.com Forex analyses for the coming business week
Published On Sun, Jun 22 2008, 17:57 GMT
- Housing report fears hold the dollar gains
Published On Tue, Jun 17 2008, 05:38 GMT
- The dollar rose in expectation of positive Retail Sales today
Published On Thu, Jun 12 2008, 08:20 GMT
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