Friday, February 1, 2013

US Dollar Slips as Federal Reserve Continues Bond Plan, Rally Stalls After US Economy Shrinks

Hello friends, Rally stalls after US economy shrinks, Markets ease gently after an unexpected fall in US fourth-quarter GDP provides excuse for profit-taking after recent rally

Unfortunately US Dollar slips as Fed continues bond plan, Foreign exchange traders are wary after the US central bank says it will continue to purchase bonds amid signs of a renewed slowdown

Latest update from FTSE 100, Profit misses leave FTSE 100 weaker, Biggest faller is drugmaker AstraZeneca, after full-year revenues fell 15% as the company lost exclusivity on a number of its top brands

1 comment:

  1. Nice technical analysis jeremiah, thanks the advice program

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