Slowly but sure the dollar lose new pips.
Slowly but sure the dollar lose new pips against the euro. After the report for U.S. New Home Sales the rumors was confirmed that the crisis in the housing sector is deep. The forecast is for test of the levels of 1.42 tomorrow ahead the key reports for Personal Income and Spending. The forecast here in World-Signal.com is the crisis to continue till the end of 2007. The Fed will cut still once the interest rates. Even is possible new aggressive benchmark interest rates cut with half percent.
For the coming Asian session the forecast is EURUSD long @ 1.4135/45 target 1.4180 and recovery back to 1.4135 again.
Invest2forex.com accepts no liability whatsoever for any direct, indirect or consequential loss arising from the use of this report or its content. Any forecasts are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation. This report is not to be construed as providing investment services in any jurisdiction where the provision of such services would be illegal. Nothing herein shall be construed as a recommendation to buy or sell any financial instrument or security. This communication prepared by leading forex broker is for information purposes only. Investors should also consider this report as only a single factor in making their decision to make currency investment.
Windows Virtual Private Server (Windows VPS) forex vps mt4 vps