Sunday, August 30, 2009

Forex Trader's Weekly Bullet Points

USD - Anticipate a break from the recent consolidation
GBP - Bearish outlook after technical breakdown
EUR - Traders assuming moves lower in September
JPY - Should push lower due to record unemployment
CAD - Could be range bound with GDP and Unemployment
CHF - Slowly losing its safe haven status
AUD - Continues to strengthen against counterparts
NZD - Economy shrinking for 6 consecutive quarters

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