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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//technical/forex-signals/weekly-forex-signals/index.xml"><channel><title>Weekly Forex Signals</title><description /><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/</link><image><title>Technical Analysis</title><link>http://www.fxstreet.com/technical/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title> Long-term objectives could see Euro rise against USD</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-11-16.html</link><description>Fundamental The euro rose for a second day against the dollar as signs the global economy is recovering boosted demand for higher-yielding assets.The euro gained against 12 of its 16 most-active counterparts as Japan’s gross domestic product expanded for a second-consecutive quarter. The dollar fell against 14 major currencies after Asia-Pacific leaders pledged to maintain stimulus measures until there’s “durable” growth. Technical Technical analysis shows us the euro may continue its uptrend</description><pubDate>Mon, 16 Nov 2009 12:57:56 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-11-16.html</guid></item><item><title>Sterling regain due to little thrust on U.S. dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-11-09.html</link><description>Fundamental The pound has remained relatively range bound overnight despite producer prices rising less than expected, leaving the door open for the BoE to remain on hold. The price of goods leaving British factories rose 1.7% in October compared to the same month last year, accelerating from a 0.4% rise in September, the Office for National Statistics reported Friday. On a monthly basis, prices were up 0.2%. Economists had forecast a 0.4% monthly rise and a 1.8% annual increase. The central</description><pubDate>Mon, 09 Nov 2009 10:08:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-11-09.html</guid></item><item><title>USD looking fragile against ineffective Yen</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-11-02.html</link><description>Fundamental The Japanese Yen pushed higher in overnight trading as the Bank of Japan skirted a confrontation with the Ministry of Finance and moved to end their purchases of corporate bonds while the jobless rate fell for the second consecutive month on government hiring The Bank of Japan kept interest rates unchanged at 0.10% as expected and struck a narrow balance between competing interests at the central bank and the Ministry of Finance (MOF), saying it will allow its program of purchasing</description><pubDate>Mon, 02 Nov 2009 09:26:07 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-11-02.html</guid></item><item><title>Uptrend on long term looks certain for Euro</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-10-26.html</link><description>Fundamental The dollar touched a 14-month low versus the euro as an advance in Asian stocks and signs the global economy is recovering reduced demand for the greenback as a refuge. The dollar fell against 11 of its 16 major counterparts before reports economists said will show confidence among U.S. and French consumers rose. South Korea’s won strengthened after its economy grew at the fastest pace in seven years. The yen and euro gained after an official Chinese paper said the nation should</description><pubDate>Mon, 26 Oct 2009 10:45:37 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-10-26.html</guid></item><item><title>Euro takes full advantage of worn-out dollar </title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-10-19.html</link><description>Fundamental The U.S. dollar will extend declines as the global economy’s recovery prompts investors to shift away from U.S. assets, according to Pacific Investment Management Co., which runs the world’s biggest bond fund. Fundamental forces are set to put downward pressure on the dollar as the recovery gathers momentum, Pimco’s strategic adviser Richard Clarida wrote on the company’s Web site. Those forces include massive budget deficits, bets the Federal Reserve will keep borrowing costs near</description><pubDate>Mon, 19 Oct 2009 10:52:29 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-10-19.html</guid></item><item><title>Downtrend on short term looks certain for Euro</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-10-12.html</link><description>Fundamental Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two- quarter rout in almost two decades. Policy makers boosted foreign currency holdings by $413 billion last quarter, the most since at least 2003, to $7.3 trillion. Nations reporting currency breakdowns put 63 percent of the new cash into euros and yen in April, May and June, the latest Barclays Capital data show. That’s the</description><pubDate>Mon, 12 Oct 2009 09:15:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-10-12.html</guid></item><item><title>Upward Trend on the short term for the GBP/USD</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-10-06.html</link><description>Fundamental The pound remained pressured on expectations monetary policy would stay loose for some time with no change foreseen at a Bank of England policy meeting later this week. The purchasing managers' index for the services sector rose to 55.3 in September, beating forecasts for a reading of 54.5 and up from 54.1 the previous month. Separately, the BoE said it would give more banks access to its open market operations to help smaller institutions manage their liquidity better. Technical</description><pubDate>Tue, 06 Oct 2009 07:01:22 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-10-06.html</guid></item><item><title>Down trend on short term looks certain for EUR</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-09-21.html</link><description>Fundamental The dollar rose to a one-week high against the yen and climbed versus the euro on speculation U.S. policy makers will this week signal they may withdraw economic stimulus measures, boosting the appeal of the nation’s assets. The dollar advanced to a two-week high against the pound and strengthened versus 13 of the 16 major currencies before a U.S. report economists said will show an index of leading indicators gained a fifth month, backing the case for the Federal Reserve to wean</description><pubDate>Mon, 21 Sep 2009 13:02:06 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-09-21.html</guid></item><item><title>Yen attracts investors as euro looses strength</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-09-14.html</link><description>Fundamental The yen rose against the euro on speculation trade protectionism between the U.S. and China will increase, boosting demand for the relative safety of Japan’s currency. The yen gained versus all 16 major counterparts after China announced a probe into the alleged dumping of American auto and chicken products, sparking concern trade disputes could derail the global economic recovery. Technical Technical analysis shows the euro may continue its downtrend against Japanese yen as MACD</description><pubDate>Mon, 14 Sep 2009 13:07:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-09-14.html</guid></item><item><title>U.S. dollar slows down as Euro looks to accelerate</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-09-07.html</link><description>Fundamental The euro climbed against the dollar for a second day before a private report forecast to show European investor confidence rose to the highest level since July 2008, signaling the region’s recession is easing. The euro also gained for a third day versus the yen on expectations a German report will show factory orders expanded in July for a fifth month. Technical Technical analysis shows us the Euro may continue its uptrend. We can see the demand in the market by using some</description><pubDate>Mon, 07 Sep 2009 11:03:48 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-09-07.html</guid></item><item><title>Sterling could regain due to little thrust on U.S. dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-08-31.html</link><description>Fundamental U.K. house prices rose for the first time in two years in August as a dearth of homes for sale pushed up prices in London and the southeast, Hometrack Ltd. said. The average cost of a home in England and Wales rose 0.1 percent from July to 155,800 pounds ($253,000), the London-based property research company said in an e-mailed statement today. The increase, the first since July 2007, left house prices 6.7 percent lower than a year earlier, the smallest annual decline in a year.</description><pubDate>Mon, 31 Aug 2009 11:09:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-08-31.html</guid></item><item><title>Down trend on short term looks certain for Euro</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-08-24.html</link><description>Fundamental European Central Bank officials led by President Jean-Claude Trichet greeted mounting evidence of an economic recovery with caution, suggesting they won’t rush to reverse their emergency stimulus. “We see some signs confirming that the real economy is starting to get out of the period of freefall,” Trichet said at the Federal Reserve’s annual symposium in Jackson Hole, Wyoming, on Aug. 22. This “does not mean at all that we do not have a very bumpy road ahead of us.” Technical</description><pubDate>Mon, 24 Aug 2009 09:34:14 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-08-24.html</guid></item><item><title>Euro might take full advantage of worn-out dollar </title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-08-17.html</link><description>Fundamental The euro may rise to its highest this year at $1.45 provided the 16-nation currency holds above $1.4008, said Andrew Chaveriat, a technical analyst at BNP Paribas SA in New York. The euro traded at $1.4194 today, advancing from a three- week low of $1.3749 set on June 16 without ever falling below that level. The shared currency bought $1.4447 on Aug. 5, the most since Dec. 18 and an extension of its gain after setting a previous high for the year on June 3 at $1.4338. The housing</description><pubDate>Mon, 17 Aug 2009 08:56:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-08-17.html</guid></item><item><title>Sterling regain due to little thrust on U.S. dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-07-20.html</link><description>Fundamental The Pound is rallying at a strong pace on early European session times and, after bouncing at 1.6375. The pair has soared more than 100 pips in two hours to reach an some pips short of 1.6550. Technical The U.K. currency gives us a strong buying signal after confirmation of many indicators like RSI, which is in an uptrend; MACD crosses the signal line and breaks equilibrium level. Bollinger gives us a buying signal by closing the candle above the middle band. GBP/USD (Daily Chart)</description><pubDate>Mon, 20 Jul 2009 10:04:44 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-07-20.html</guid></item><item><title>Euro slows down as JPY looks to accelerate</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-07-13.html</link><description>Fundamental The yen and the dollar strengthened for a second day against the euro as Asian stocks declined, increasing demand for the relative safety of the Japanese and U.S. currencies. The yen rose against all 16 major currencies after the Sunday Times reported Lloyds Banking Group Plc may announce further losses of as much as 13 billion pounds ($20.9 billion) and the Wall Street Journal said major U.S. airlines may have to file for bankruptcy. Technical Technical analysis shows the euro may</description><pubDate>Mon, 13 Jul 2009 12:11:18 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-07-13.html</guid></item><item><title>Euro long-term objectives could see it go further down against US dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-07-06.html</link><description>Fundamental European Central Bank President Jean- Claude Trichet said he’s concerned that a lack of coordination of economic policy around the world will allow the imbalances that led to the financial crisis to persist. “There is a very big danger that major countries internalize their problems,” Trichet said at an economic conference in Aix en Provence, France, today. “If we return to a picture of internal and external deficits that led to this crisis, we’ll have the recipe for a new crisis.”</description><pubDate>Mon, 06 Jul 2009 09:10:01 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-07-06.html</guid></item><item><title>Momentum holds U.S. dollar while sterling looks to recover</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-29.html</link><description>Fundamental Unemployment in the U.S. probably rose at a slower pace and the manufacturing slump eased this month as evidence mounted that the end of recession is in view, economists said before reports this week. The jobless rate rose 0.2 percentage point to 9.6 percent, the highest level in 26 years. Government efforts to stabilize housing and consumer spending are only now starting to pay off, indicating it will take months before a recovery develops. The job market will remain one of the</description><pubDate>Mon, 29 Jun 2009 10:46:34 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-29.html</guid></item><item><title>USD takes full advantage of worn-out Euro</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-22.html</link><description>Fundamental Analyst forecasts about the dollar have become the most scattered in two years, driving up foreign- exchange price swings and increasing risks that trading strategies and corporate hedges will backfire. Redtower Asset Management, an Aberdeen, Scotland, investment adviser, sees the currency strengthening to $1.16 per Euro by year’s end, from $1.3906 today, as the world economy recovers from the first global recession since World War II. Standard Chartered Plc predicts a more stable</description><pubDate>Mon, 22 Jun 2009 10:46:28 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-22.html</guid></item><item><title>U.S. dollar takes full advantage of worn-out Euro</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-15.html</link><description>Fundamental The dollar rose the most in a week against the euro after Russia’s Finance Minister Alexei Kudrin said the nation has full confidence in the U.S. currency. The greenback advanced against all 16 major currencies as Kudrin said in an interview on June 13 that it was too early to speak of an alternative to the world’s reserve currency. The euro extended losses against the dollar after Britain’s Telegraph newspaper cited Germany’s top industrial group as saying credit conditions in</description><pubDate>Mon, 15 Jun 2009 08:00:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-15.html</guid></item><item><title>U.S. dollar takes full advantage of worn-out Yen</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-09.html</link><description>Fundamental The yen advanced for a second day against the euro and strengthened versus the dollar as declines in Asian stocks spurred demand for the relative safety of Japan’s currency. The yen also rose against all 16 of the most-active currencies after the Wall Street Journal reported the Obama administration wants Europeans to put their banks through more rigorous stress tests, raising concern about the strength of the banking system in the 16-nation region. Technical U.S. Dollar fails to</description><pubDate>Tue, 09 Jun 2009 10:32:17 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-09.html</guid></item><item><title>GBP takes full advantage of worn-out U.S. dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-01.html</link><description>Fundamental U.K. house prices stopped falling in May for the first time in 20 months, adding to evidence the property market slump is abating, a survey of real-estate agents by Hometrack Ltd. showed. Average prices in England and Wales held at 155,600 pounds ($251,000) after they declined 0.3 percent in April, the London- based property researcher said in an e-mailed statement today. On the year, values dropped 9.6 percent. Technical The U.K. currency gives us a strong buy signal after forming</description><pubDate>Mon, 01 Jun 2009 09:35:24 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-06-01.html</guid></item><item><title>U.S. dollar set for further lows as Euro continues to take advantage</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-05-25.html</link><description>Fundamental The European Central Bank’s Governing Council discussed a package of asset purchases worth about 125 billion euros ($170 billion) this month, more than twice the amount finally agreed upon, people briefed on the talks said. The package proposed at the May 7 council meeting included buying commercial paper and corporate bonds, said the people, who declined to be identified because the discussions were private. After the meeting, President Jean-Claude Trichet announced plans to</description><pubDate>Mon, 25 May 2009 09:20:08 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-05-25.html</guid></item><item><title>Yen takes advantage of shrinking dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-05-18.html</link><description>Fundamental The yen and the dollar strengthened against higher-yielding currencies as Asian stocks extended a worldwide slump in equities, spurring demand for safer assets. The yen gained versus 15 of the 16 most-traded currencies after European Central Bank council member Axel Weber warned against “exaggerating” recent signals the economy is stabilizing. Japan’s currency also rose to an eight-week high versus the dollar on concern General Motors Corp., the biggest U.S. automaker, is moving</description><pubDate>Mon, 18 May 2009 08:06:38 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-05-18.html</guid></item><item><title>Down trend on long term looks certain for U.S. Dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-05-11.html</link><description>Fundamental The EUR/USD opened around 1.3640 in Asia and moved up to 1.3670 very quickly to trigger stops above 1.3650. The price action reversed following a report in the UK Telegraph saying that HSBC lost 5 BLN USD in Q1 2009 in their US Household mortgage lending operation. Technical Technical analysis show us the euro may continue its uptrend as MACD giving us a strong buying signal by crossing MACD line to the signal line and RSI is in a clear uptrend. Bollinger gives us a bullish signal</description><pubDate>Mon, 11 May 2009 09:52:13 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-05-11.html</guid></item><item><title>U.S. dollar strength appears to end as Euro benefits at 1.3000</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-05-04.html</link><description>Fundamental The yen fell for a fifth day against the euro, its longest losing streak in six weeks, and slid to a six-month low against Australia’s dollar as signs the global recession is easing spurred investors to buy high-yield assets. The dollar approached a three-week low against the euro before a U.S. report tomorrow that may show business at service providers, which account for almost 90 percent of the world’s largest economy, is starting to improve. Malaysia’s ringgit rose for a fourth</description><pubDate>Mon, 04 May 2009 09:19:34 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-05-04.html</guid></item><item><title>Yen takes advantage of shrinking dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-04-27.html</link><description>Fundamental The yen rose to a four-week high against the dollar after Lawrence Summers said the U.S. economy will keep shrinking and as the spread of swine flu boosted demand for Japan’s currency as a refuge from the recession. The yen strengthened against all 16 of the most-traded currencies after Summers, director of the White House National Economic Council, said yesterday the U.S. economy will experience “sharp declines in employment for quite some time this year.” Technical U.S. Dollar</description><pubDate>Mon, 27 Apr 2009 09:45:41 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-04-27.html</guid></item><item><title>Sterling could regain due to little thrust on U.S. dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-04-13.html</link><description>Fundamental Sterling fell against the dollar and the euro on Friday in thin pre-Easter trade, little impacted by a Bank of England decision to leave interest rates unchanged as the currency reversed strong gains earlier in the week. The Bank of England left UK borrowing costs at a record low 0.5 percent, as expected, and said it would continue a 75 billion pound asset-buying programmed to lift the economy out of recession. The decision contained no surprises and had barely any impact on the</description><pubDate>Mon, 13 Apr 2009 09:52:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-04-13.html</guid></item><item><title>U.S. dollar strength appears to end as Euro benefits at 1.3500</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-04-06.html</link><description>Fundamental Euro zone government bonds fell on Monday as European equities tracked strong gains on Wall Street on Friday and in Asia overnight, with investors' optimism growing that the worst for the global economy may be over. Hopes that the economic decline may be slowing and reaching a bottom are pushing investors into riskier assets such as shares, reversing some of the recent flight-to-safely, which had underpinned government bonds and the dollar. Short-dated bonds underperformed with</description><pubDate>Mon, 06 Apr 2009 08:35:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-04-06.html</guid></item><item><title>U.S. dollar improving as GBP takes a setback</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-03-30.html</link><description>Fundamental Sterling fell to a one-week low against the dollar on Friday, dented by data showing the UK suffered the biggest contraction in economic growth since 1980 during the final quarter of last year. The figures showed the economy shrank by 1.6 percent from October to December. This was unexpectedly revised down from the previous 1.5 percent fall, while the annual rate of decline was also revised down to 2.0 percent. The pound gained against the euro, however, which came under broad</description><pubDate>Mon, 30 Mar 2009 10:07:51 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-03-30.html</guid></item><item><title>U.S. dollar strength appears to end as Euro benefits at 1.2980</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-03-16.html</link><description>Fundamental The dollar rose broadly on Monday, with the market looking ahead to a Federal Reserve policy meeting this week after a Group of 20 finance ministers' meeting at the weekend gave the market few trading incentives. The Fed and the Bank of Japan hold policy decisions this week, with traders waiting to see if the U.S. central bank signals after its meeting on Tuesday and Wednesday that it will buy longer-dated Treasuries to help keep interest rates down. Technical Technical analysis</description><pubDate>Mon, 16 Mar 2009 10:39:29 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-03-16.html</guid></item><item><title>Momentum holds Euro while U.S. dollar looks to recover </title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-03-09.html</link><description>Fundamental The Euro traded close to a one-week high against the dollar on speculation the European Central Bank will slow the pace of interest-rate cuts, helping to attract investors to its higher yield. The Swiss franc fell against the dollar after a government report showed the jobless rate rose in February as losses from financial losses prompted banks to reduce costs. Technical Technical analysis shows us the Euro may continue its downtrend. We can see the weakness in the market by using</description><pubDate>Mon, 09 Mar 2009 11:23:25 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-03-09.html</guid></item><item><title>Sterling strength appears to end as Euro benefits at 0.8890</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-02-23.html</link><description>Fundamental Euro zone government bond yields rose on Monday after reports the U.S. government could increase its stake in Citigroup to as much as 40 percent. Bunds were also weighed down before a debt auction from Belgium of up to 4 billion euro's of 2011-2019 OLOs. Reports on the Wall Street Journal website cited sources familiar with the government plans for Citigroup, but Citigroup executives are hoping for a deal where the state takes only around a 25 percent stake. Either way, such a deal</description><pubDate>Mon, 23 Feb 2009 10:25:17 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-02-23.html</guid></item><item><title>Momentum holds sterling while dollar looks to recover</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-02-16.html</link><description>Fundamental The pound fell after the Confederation of British Industry said the U.K. economy will contract at almost twice the pace previously forecast this year. The British currency dropped against the euro and the dollar as the CBI, the biggest U.K. business lobby, said gross domestic product will contract 3.3 percent, the most in almost 30 years, instead of the 1.7 percent predicted in November. The Group of Seven finance chiefs meeting in Rome on the weekend avoided any reference to the</description><pubDate>Mon, 16 Feb 2009 09:46:22 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-02-16.html</guid></item><item><title>Dollar could regain due to little thrust on Euro</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-02-09.html</link><description>Fundamental Treasury Secretary Timothy Geithner delayed the announcement of the Obama administration’s financial-recovery plan as officials debated proposals aimed at addressing the toxic debt clogging banks’ balance sheets. Some aspects of the plan, to be announced by Geithner tomorrow in Washington, have been settled. They include a new round of injections of taxpayer funds into banks, targeted at firms identified by regulators as most in need of new capital, people briefed on the matter</description><pubDate>Mon, 09 Feb 2009 11:28:49 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-02-09.html</guid></item><item><title>Sterling could strengthen as euro looks to break strong support</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-02-02.html</link><description>Fundamental The euro fell to the lowest level in almost two months against the dollar on speculation a report tomorrow will show European producer prices slid a fifth month, giving the region’s central bank more room to cut interest rates. The British pound declined the most in almost two weeks on concern the U.K. banking crisis will deepen after Moody’s Investors Service cut its long-term debt rating of Barclays Plc. Technical Technical analysis shows us the euro may break the previous</description><pubDate>Mon, 02 Feb 2009 10:26:47 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-02-02.html</guid></item><item><title>Down trend on long term looks certain for Euro</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-01-26.html</link><description>Fundamental The dollar will decline as gold’s 4 percent rally today signals the Federal Reserve may succeed in reviving the economy by pumping money into the financial system, boosting inflation, according to Citigroup Inc. European Central Bank President Jean-Claude Trichet said that no-one is challenging the “credibility” or the “solidity” of the euro. Technical Technical analysis show us the euro may continue its downtrend as MACD giving us a selling signal by crossing MACD line to the</description><pubDate>Mon, 26 Jan 2009 09:04:41 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-01-26.html</guid></item><item><title>Sterling fortunes look to end as dollar bounces</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-01-19.html</link><description>Fundamental The pound fell against the euro and the dollar after the British Chancellor of the Exchequer Alistair Darling unveiled the second bank rescue in three months. The British government will extend a Bank of England program to inject money into the financial system and also proposed insurance to underwrite mortgage-backed debt and toxic assets, Darling said today. Russia’s ruble tumbled after the country’s central bank devalued the currency for the fourth straight day. Technical The</description><pubDate>Mon, 19 Jan 2009 10:43:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-01-19.html</guid></item><item><title>U.S. dollar looking to bounce against sluggish Sterling</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-01-12.html</link><description>Fundamental UK PM Brown said he would announce plans this week to help people who have been unemployed for more than 6 months. Said the government was determined to prevent short-term unemployment leading to long-term unemployment with all its consequences. Guardian newspaper reported that the government was planning to give companies up to GBP 2,500 for new recruits who have been unemployed for more than 6 months. Work and Pensions Secretary James Purnell said government would spend an extra</description><pubDate>Mon, 12 Jan 2009 11:56:14 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-01-12.html</guid></item><item><title>Rate cuts speculation could crumble unsteady dollar</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-01-05.html</link><description>Fundamental Federal Reserve Bank of San Francisco President Janet Yellen said the U.S. central bank must have a “timely” plan for ending lending programs created since the start of the global financial crisis. “Many of the interventions are novel, so no straightforward methods are available to quantify their effectiveness,” Yellen said in remarks prepared for a speech today in San Francisco. “The Fed must ensure that it has an exit strategy to wind down the facilities in a timely and effective</description><pubDate>Mon, 05 Jan 2009 11:00:48 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2009-01-05.html</guid></item><item><title>The Pound tumbled to an all time low of 96.98 against the Euro as dealers eyed p</title><link>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2008-12-30.html</link><description>Fundamental Analysis The Pound tumbled to an all time low of 96.98 against the Euro as dealers eyed parity that would be a first since the single European currency’s launch in 1999. Retail sales figures will be closely watched over the coming week as the economy hopes to receive a boost from holiday season sales. Nevertheless, reports continue to suggest limited gains, while other areas of the real economy will continue to see strong challenges. British interest rates now stand at 2.0 percent</description><pubDate>Tue, 30 Dec 2008 06:23:54 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-signals/">http://www.fxstreet.com/technical/forex-signals/</category><author>support@finotec.com (Finotec Group Inc.)</author><guid>http://www.fxstreet.com/technical/forex-signals/weekly-forex-signals/2008-12-30.html</guid></item></channel></rss>