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Daily Forex Snapshot: 2-8-2010

Forex - Consolidation Day For FX Pairs

G10 Advancers and Decliners vs USD
	CHF	0.66
	EUR	0.51
	GBP	0.19
	JPY	-0.02

It has been a range-bound session for the majors as a lack of economic releases coupled with the absence of new sovereign debt headlines allowed risk assets to stabilize somewhat. For now, the panic element that had fuelled EURUSD’s plunge has subsided, but worries surrounding the PIGS (Portugal, Ireland, Greece and Spain) are by no means gone, leaving EURUSD stable but still heavy around 1.3695...

Forex Alerts: 2-9-2010

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Daily Forex News & Commentary: 2-8-2010

No Specifics at G7 on FX or Sovereign Crisis

"We expect and we are confident that the Greek government will take all the decisions that will permit it to reach that goal," Trichet said. A statement made earlier, but reiterated by EU members of the G7 this weekend. In addition, EU members spent time trying to reassure non-EU members that Greece’s (Portugal ’s, Spain etc) fiscal problems can be solved without the help of external bodies such...

ACM, Forex, currency trading specialist, provides online currency trading via a highly professional forex trading platform, real time currency exchange rates, forex news, analysis on the currency market, and online forex trading tools. ACM offers also forex white label solutions for banks and brokers.