Mixed data slows market enthusiasm |
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Fundamental Report for the Week of July 26, 2010 Monday, July 26, 2010 The slow news day coupled with a luke warm response to last week’s Euro-bank stress tests has added up to a fairly quiet foreign exchange market. The Euro was able to pop up to previous resistance at 1.30 indicating a glimmer of hope by the market makers that the gist of the stress tests will be enough to bring about overall confidence, but stalled there on a sort of re-evaluation phase of the market. The United States and Read More...
Filed under: Fundamental
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