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ForexPeaceArmy | Sive Morten Gold Daily 04.24.13

Professional Forex Trading analysis by Sive Morten with Forex Peace Army. Videos are recorded fresh daily to help forex traders stay profitable.

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USDOLLAR to Consolidate Ahead of 1Q GDP- 10,600 Still in Sight

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10570.47 10586.56 10556.06 -0.04 56.75% Chart - Created Using FXCM Marketscope 2.0 The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.05 percent lower from the open as demands for U.S. Durable Goods tumbled 5.7% in March Read More →

Euro Eyes Fresh Lows on ECB Policy- Pound to Face 1Q GDP

Talking Points Euro: German IFO Survey Disappoints, ECB Warns of Lower Lending British Pound: BoE Extends FLS, 1Q GDP Report in Focus U.S. Dollar: Demands for Durable Goods Contract More-Than-Expected Euro: German IFO Survey Disappoints, ECB Warns of Lower Lending The Euro slipped to an Read More →

Gold, Crude Oil Sold as PMI Data Sparks Risk Aversion

Crude oil and gold prices are trading higher as a risk-on mood boosts cycle-sensitive assets and weighs on the US Dollar but the landscape is far from clear ahead. Talking Points Oil, Copper Rise with Risk Appetite But Durable Goods Data a Read More →

Euro Stagnation Continues Despite the Equities Rally

European equity markets continue to rise for another day, reflecting three straight days of climbing S&P index levels in the United States. The exact source of the European rally today is tough to pinpoint, but the progress in the gridlocked Read More →

Euro at Risk of Deeper Losses if German IFO Data Underperforms

The Euro may decline further if the German IFO business confidence gauge falls short of expectations, stoking ECB interest rate cut expectations. Talking Points Euro at Risk of Deeper Losses if German IFO Data Underperforms NZ Dollar Gains on RBNZ Outlook, Yen Sold Read More →