Posts Tagged ‘low’

Action Insight-Forex Analysis – AUD/USD Daily Outlook

Friday, January 29th, 2010

AUD/USD’s fall resumes by taking out 0.8909 and reaches as low as 0.8888 so far. Current decline is still expected to continue as long as 0.9048 minor resistance holds and should target 0.8734 support next. On the upside, above 0.9048 will indicate that a short term bottom might be formed… Read more… Technorati Tags: Analysis, [...]

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Action Insight-Forex Analysis – Dollar Climbs as Fed Loses Unanimity on Warranting Low Rates

Wednesday, January 27th, 2010

Dollar surges across the board as FOMC members lost unanimity on keeping borrowing costs low. Fed left rates unchanged at 0-0.25% today and in the accompanying statement, it still said that rate “are likely to warrant exceptionally low levels of the federal funds rate for an extended period.” However, one… Read more… Technorati Tags: Analysis, [...]

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