November 15th, 2009 22:53:41 GMT

Dealer sentiment remains USD-bearish

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Dealers and traders are now looking at the USD-rally of last Thursday as an aberration and they unanimously expect the USD fall to continue at a steady pace. I am of the opinion that one needs to picks ones horse … Continue reading

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November 15th, 2009 19:48:17 GMT

Light stops tripped in cable above 1.6710

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Cable has popped quickly from 1.6685 to 1.6720 after light stops were triggered above 1.6710 in ultra-thin early morning interbank markets. EUR and AUD have also been pulled about 10 pips higher.

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November 13th, 2009 03:22:17 GMT

Asia loves selling dollars

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Same story every day in Asia it feels like; despite big gains for the USD overnight and a hefty fall in the gold price, Asia is slow to embrace this trend and is happy to keep selling the greenback. The … Continue reading

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