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Friday, Feb 27, 11:51 GMT

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Current Session: Europe

GBP/USD Forecast: Strong dynamic support at 1.5380

GBPUSD chart

The rally of the US dollar on Thursday pushed cable below 1.5400. The decline so far found support around 1.5380, that is where the lower limit of an upside channel is located. The GBP/USD pair continues to move within the bullish channel despite the...

Editor’s eye on Greece

Jameel Ahmad – One of the problems was that hands were tried for both negotiating parties and neither wanted to look weak by surrendering negotiating power.


How the Greek Crisis Has Affected the Euro by FXTM

Greece's new proposal critiqued by FC Exchange

Euro weaker in spite of German agreement on Greece by Halo Financial

Next Economic Events

Date (GMT)CountryEventActualCons.Previous
Feb 2707:00DE Import Price Index (MoM) (Jan) -0.8%-1.0%-1.7%
08:00CH KOF Leading Indicator (Feb) 90.190.096.1
13:00DE Consumer Price Index (MoM) (Feb) Preliminary Release0.7%-1.1%
13:00DE Consumer Price Index (YoY) (Feb) Preliminary Release-0.2%-0.4%
13:00DE Harmonised Index of Consumer Prices (MoM) (Feb) Preliminary Release0.7%-1.3%
13:00DE Harmonised Index of Consumer Prices (YoY) (Feb) Preliminary Release-0.4%-0.5%
13:30US Gross Domestic Product Price Index (4Q) Preliminary Release0.0%1.4%
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Expert: Andrei Knight
Start: Fri, Feb 27, 16:00 GMT

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Educational Resources

The US Dollar Index: a useful tool for your trading

The US dollar has been the anchor currency of the international financial systems for decades. It is the currency of the largest economy with the most liquid financial market of the world and therefore there is no way around it. The US Dollar Index is an easy way to observe the development of the US dollar compared to the most important foreign currencies. In this article we talk about the calculation,...

Rates&Charts: US Dollar Index

Glossary: USD Index

Make Your Own Index



Forex has complicated jargon. Check out our Forex Glossary for all trading-related words definitions.

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