Trade Forex:Getting hard to justify a long-USD strategy

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Find fresh, updated content every day including technical and fundamental analysis and forex trading strategy.Buying US dollars against any currency is increasingly hard to justify. The big buy back in short USD positions that happened last year was brought about by a market which was completely over-leveraged but we now seem to be back in a phase of continuous USD weakening and it is not

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Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.George Stephanopolous had both Tim Geithner and Alan Greenspan on his Sunday morning show. Geithner would not rule out tax hikes on the middle class to close the soaring US deficit despite assurances from Obama during the campaign that the middle class would end up with a net tax

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Forex:Larry Summers says we’re “back from the abyss”

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Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.The US economy has come a substantial way back from the abyss, says White House economic adviser Summers. A rebuilt US economy must become more export-oriented, he says. US equities are back close to flat after modest losses for much of the morning. Oil prices continue to rip higher,

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Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.Housing starts rose to 582,000 at an annual rate versus expectations of a 530,000 rate. Markets view this as good news but with huge inventories of unsold new homes across the country, that logic makes little sense to me. EUR/USD has stabilized after a slide to 1.4063 and trades now at 1.4078.

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Forex:Ranging away a Friday afternoon; Geithner pumps up Bernanke

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How to living rich, happy, and comfort as become professional forex trader with emotion free trading methods and the best indicators and signals.USD/JPY is stuck in a 92.25/45 range this afternoon, to be generous while EUR/USD has found a home around the 1.3950 level…
Just crossing the wires are comments from Tim Geithner: He reiterates the strong dollar policy and says Bernanke is excellent, doing a great job and deervices

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Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.Green shoots are turning brown as far as the beleaguered US consumer is concerned. Sentiment slipped to 64.6 in July from the final June reading of 70.8. Forecasts were for a tiny dip to 70.5. Stocks are turning south once again as the US consumer looks less and less likely to dig

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Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.That’s the highest since February of 2008. A green shoot. EUR/USD is a shade softer, not getting a “reflation” lift as one might expect. We trade now at 1.4070.

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Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.Take out the stimulus and incomes were up just 0.2%, so not great news over all… Core personal consumption expenditures, the Fed’ s ffavorite inflation measures remains positive at +0.1% in May, down from +0.3% in April.

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Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.The Treasury says banks that have paid back the TARP will be able to bid for the warrants given to the government in exchange for the government investments. They will price the warrants on market prices, models an outside consultants. If the bank in question does not want to buy

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Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.Obama and Merkel are holding a joint press conference at the White House. Media reports have swirled since Obama took office in January that relations with Merkel are somewhat on the chilly side. Obama, obviously aware of the talk, went into full suck-up mode, talking about how one

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