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Today's Live Show: USD Trend Reversal or Simply a Price Correction?

Tue, Oct 27 2009, 17:03 GMT
by Ilian Yotov

AllThingsForex  |  View company's profile


All Things Forex

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Forex traders, join the daily All Things Forex broadcast- a live one hour program covering Forex and major economic events, trend developments, research, analysis, ideas, education, live traders forum, interviews with some of the most respected names in the trading world, and much more..

In the broadcast today: USD Trend Reversal or Simply a Price Correction? We examine the recent strengthening of the USD and ponder upon whether the current price correction could turn into a trend reversal of the weak USD trend, we follow up on the Euro's anticipated exhaustion above $1.50, we analyze the latest trend developments with the EUR/USD and GBP/USD currency pairs, we take a closer look at the AUD/USD and NZD/USD pairs ahead of important economic reports from Australia and New Zealand, we highlight the market's reaction to the U.K. CBI Retail Sales and the U.S. Consumer Confidence, we discuss new forecasts from Commerzbank and UBS, and prepare for the trading session ahead.      

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Legal disclaimer and risk disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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