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    • tim1234 replied Nov 16, 2007

      FOREX: No Mention of Dollar in Final OPEC Communique San Francisco, November 16. French wires are reporting - Pas De Mention du Dollar Dans Communique Final, or no mention of the dollar in the final communique. The push to focus on the USD weakness ...

      Cable Update (GBPUSD)
    • tim1234 replied Nov 16, 2007

      FOREX: Iran Enters Into Dollar Debate San Francisco, November 16. There remains a very wide divergence on opinions on the USD levels with IMF Strauss- Kahn stating yesterday that it could go lower. Today, US Treasury Paulson reiterates, similar to ...

      Cable Update (GBPUSD)
    • tim1234 replied Nov 16, 2007

      GBP/USD: Reaches Inflection Point by Medium-Term Trend-Line New York, November 16. Cable has now reached critical medium-term trend-line support dating back to August, and as such, moves over the next few days should provide a clearer picture of the ...

      Cable Update (GBPUSD)
    • tim1234 replied Nov 16, 2007

      GBP/USD: High Volatility Continues, MPC Minutes Next Week London, November 16. Cable kicked off today"s European session in a volatile state and is trading in a similar vein ahead of the week-end 16:00GMT London fix. Having tested 2.0500 offers on ...

      Cable Update (GBPUSD)
    • tim1234 replied Nov 16, 2007

      GBP/USD: Runs into Resistance ahead of 2.0483, Poole Comment London, November 16. Cable has run into resistance ahead of 2.0483 (early Europe intra- day high) after pushing its recovery envelope from a European morning 24-day low of 2.0352. Earlier ...

      Cable Update (GBPUSD)
    • tim1234 replied Nov 16, 2007

      GMT November 16 Tripped sell stops below 2.0400-05 and 2.0380 helped depress cable to 24-day lows just shy of 2.0350 during the European morning, as the pound continued to suffer on UK rate cut fears. The probability of a 25bp UK rate cut to 5.5% as ...

      Cable Update (GBPUSD)