Wednesday, November 18, 2009

Thanksgiving holiday on Nov

Until the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected toUntil the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.Until the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high UUntil the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. BUntil the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approaUntil the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed withinUntil the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.Until the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on aUntil the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed Until the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach tUntil the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.o USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.pproach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said. a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.ch to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.arriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.SD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said. try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above Until the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.5Until the U.S. Thanksgiving holiday on Nov. 26, around which time the volume of global currency trades often starts shrinking as U.S. players go on vacation, the euro could rise to USD1.5300 amid a continuing broad downtrend in the greenback, traders said. A fall below USD1.4700 is unlikely over that period, he added.
For EURUSD offers seen placed toward USD1.4980/85, stronger on approach to USD1.5000 with traders suggesting that sovereign accounts are expected to try and keep rate enclosed within a USD1.4800/1.5000 range. A break above USD1.5000 may expose USD1.5015/20 ahead of stronger USD1.5050/65 area. Barriers have recently been noted at USD1.5050 and at USD1.5070 (recent high USD1.5049), as well as a USD1.48/1.51 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.1 short dated don't in play (helped to keep rate buoyed above USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.USD1.4800 Friday). Support USD1.4920, USD1.4905/00.
The sterling against the dollar is likely to trade with risks skewed higher this week as long as the pair stays above Thursday's low of USD1.6514. However, sterling may struggle against the euro.
Federal Reserve Chairman Ben Bernanke is scheduled to speak late Monday and his speech is seen as key to determining the path of the dollar into the end of the year, analysts said.

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