Tag Archives: Forex trading

EUR/USD Daily and Weekly outlook for Dec 18th 2012/MBCFX


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GBP / USD

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The next target for the GBP/USD should be 1.6043

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Positive data for the dollar:


Initial Jobless Claims : 414.00K (Forecast: 420.00K) Building Permits : 0.61M (Forecast: 0.55M ) Current Account: -119.00B (Forecast: -130.00B) Foreign Securities Purchases: 8.22B (Forecast: 5.45B)

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Greek aid package


“Nout Wellink told Dutch newspaper Het Financieele Dagblad that a new Greek aid package would carry so many uncertainties and risks that a doubling in the bail-out fund would be necessary to take into account the contagion risk for both … Continue reading

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Gold & silver futures high


“Gold and silver futures turned higher in early U.S. trading after a wave of inflation and manufacturing data underlined concerns the U.S. economic recovery had hit a speed bump, raising the allure of assets seen as safe havens.”MarketWatch

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Positive data for the USD:


CPI (MoM) 0.20% ( Forecast: 0.10%) Core CPI (MoM) 0.30% ( Forecast: 0.20% )

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GBP/USD

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The next target for the GBP/USD is 1.6274

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European stock markets down :


European stock markets opened mostly lower on Wednesday, with French banks under pressure after Moody’s Investors Service put three under review for a possible downgrade

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Welcome to MBCFX


MBCFX is one of the most respected online Forex trading firms in the industry. We offer you State-of-the Art online trading platforms, Meta Trader 4, MBCFX Advanced Platform, and Inter-Bank Currenex platform. You can trade online Forex, Spot Oil, Spot … Continue reading

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