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EUR/USD Week Ahead Report

Hello Traders,
The Euro gained back some ground against the dollar on Friday with investors after U.S. President Barack Obama approved air strikes in Iraq. Obama said in an address that he authorized targeted strikes to protect the besieged Yazidi minority and U.S. personnel in Iraq, after the Iraqi government requested help.
Currency markets in general have been resistant to alarms over Ukraine, Gaza or Iraq, but there is growing concern that a mix of growth-sapping sanctions and potentially h…
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EUR & USD: Risk appetite returns

Dollar and euro were rising this morning again, risk appetite returns after Russian President Vladimir Putin confirmed that a military operation in Ukraine would take place only when all other possibilities have been exhausted.
During a press conference on the situation in Ukraine, Putin said that there is currently no need for a military intervention, but this "possibility" still remains open. This action would be legitimate.
However, investors remained cautious after President Obama se
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Convallium avatar
Convallium 2014年03月04日

This action would not be legitimate(

Reloaded avatar
Reloaded 2014年03月05日

Welcome back volatility old friend. Good article.

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US spy chief says foreign allies conduct espionage against US

…and they would know, since they`re bugging everyone`s phones.
Earlier, Obama had been saying he didn`t know about spying but the latest report in the LA Times directly disputes that:
"The White House and State Department signed off on surveillance targeting phone conversations of friendly foreign leaders, current and former U.S. intelligence officials said Monday, pushing back against assertions that President Obama and his aides were unaware of the high-level eavesdropping.
Professional staff …
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Obama knew of Merkel phone being tapped since 2010

Another German newspaper Bild am Sonntag has today reported that President Obama has in fact known since 2010.
Citing a “U.S. intelligence worker involved in the NSA operation against Merkel”, NSA chief Keith Alexander informed Obama in person about it in 2010.
Bild has quoted the source as saying.
Obama didn’t stop the operation back then but let it continue The newspaper further reports that Obama in fact wanted more material on Merkel, and ordered the NSA to compile a “comprehensive dossie…
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Daytrader21 avatar
Daytrader21 2013年10月28日

Of course he knew....are people so stupid to believe otherwise

mag avatar
mag 2013年10月28日

is DARPA most logical evolution in recent years. Everyone with smartphones down the street, people are surprised by that???? Of course Daytrader21

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US issues to be resolved, but at what cost?

Looking at the calmness with which the markets have continued to react thus far, the expected outcome is still overwhelmingly that a deal will be done which opens government and reassures investors that the US is good for its debts. I agree with that, the stakes are just too high for any other outcome; it is the possible legacy of any compromise that concerns me.

Should the Republicans be seen to force changes in existing legislation; amending a law that has been enacted by a democratically ele
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mag 2013年10月14日

I agree

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Is payment prioritization is technically possible?

The 14th Amendment of the US Constitution would allow President Obama to unilaterally raise the debt ceiling. However, White House advisor Gene Sperling on Rtrs.
“Invoking 14th amendment would work only if global markets did not see extended legal battle”
I can’t see that happening. They’re still raising the issue of prioritization so it seems like it’s firmly on the table. It sounds like they’re opening the door a bit here. Then again the chance of a legal fight is virtually 100%, so…
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Here comes Yellen!

Obama thanked Bernanke and introduced Yellen. No one said much of substance but this one caught my attention:
  • Yellen believes the Fed must have vigorous debate, then unite behind response
Other central banks are moving more toward openly expressing their opinions in public and that’s been true of the Fed under Bernanke. This is a hint that Yellen wants all the Fed Presidents to speak with one mouth in public.
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stane2405 avatar
stane2405 2013年10月09日

hehe, here we go...

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sonjatrader 2013年10月10日

Yellen has a profile more continuity than Summers in relation to ultra soft boots monetary policy that Bernanke has propped up the US economy.UU. in the last few years. However, one of his first tasks will be the articulate a timetable for the withdrawal of these stimuli with which Washington has flooded liquidity markets. So far, only another woman, the Russian Elvira Nabiullina, had played a similar chargement...

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US Headed for a Government Shutdown

Early on Sunday the US House voted, once again, to tie a vote on government funding to a one-year delay of Obamacare. The Senate has twice rejected the amendment and will rejected it again. If not, Obama will veto it.
The seeming lack of progress means a shutdown at midnight on Monday is increasingly likely. It will be the first government shutdown since 1996.
With the Tea Party seemingly taking control of Republican leadership, there is a chance this could be an extended fight. When markets ope…
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Nadin5794 2013年09月30日

Анна ,Обаму действительно очень сильно критикует сенат?В России очень живо развивают эту тему..

mag avatar
mag 2013年10月01日

Interesting article on the line of your blog.
http://www.linkedin.com/today/post/article/20130921204955-204274949-a-football-fan-s-reaction-to-renewed-congressional-dysfunction?goback=%2Enpe_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1&trk=prof-post

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EUR/USD in ranging mode. But will go up unexpectedly

In the great monthly picture we see that the EUR/USD pair has been trembling down.But it also has been ranging in between the levels of 1.28 and 1.33.I still expect this behaviour to continue. Cause of incertainty about Syria fundamental news mostly.But also when Obama might throw in some action, the EUR has room to gain some strength again in the downwards channel towards point 3.In weekly view the range is more visible. It now is finding resistance of the 200MA.Latest reversals upwards have be…
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nuonrg avatar
nuonrg 2013年09月11日

Today another 56 pips long EUR/USD, still on the move higher.

nuonrg avatar
nuonrg 2013年09月11日

I am seeing a scenario where numbers 2 and 1 in my trading plan might be the way around.

ilonalt avatar
ilonalt 2013年09月11日

interesting scenario , wish you good luck

nuonrg avatar
nuonrg 2013年09月13日

Roundup of this week $EURUSD What we see is as said before. Nr 2 was to become target nr1. This was quite obvious. I will explain. From recent uptrend the retracement hold for first time at 50% and went for Nr2. That means now I see the scenario happen that it will continue to rise and go for the 1.61 extension. Wich is right at my target Nr. 3. But keep some things in mind when planning your trades. 1.31105 is an important level to hold for this scenario to workout. Else it returns to Nr.1. Aswell is now 1.336 important to breakout upwards.. and don't forget also Retest this level to go Nr 3

nuonrg avatar
nuonrg 2013年09月22日

EURUSD
News from Germany elections can bring Euro higher this week.
Tech entry can be from 50% retracement between 1.3450 and 1.3400 after last week upward spike.
First target is 1.36 and extension target is around 1.3710 on the 161.8 fib

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Obama's timetable

Today I visited the web site of the White House.How do you like that timetable? Seems a bit tough...3:05 AMThe President and the First Lady meet and greet with Embassy personnelLocal Event Time: 9:05 AMBerlin, Germany, Ritz-CarltonClosed Press3:50 AMThe President arrives Schloss BellevueLocal Event Time: 9:50 AMBerlin, Germany, Schloss BellevueTravel Pool Coverage3:55 AMThe President signs a guestbookLocal Event Time: 9:55 AMBerlin, Germany, Schloss BellevueTravel Pool Coverage4:00 AMThe Preside…
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