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FX Market Analysis - Updated

Discussion in 'Forex Daily News & Outlook' started by GCAM, Dec 14, 2009.

  1. GCAM

    GCAM New Member

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    This week we expect strength in the JPY and USD against the EUR and GBP currencies.
    We are looking for a stronger rally in the JPY than in the USD, therefore we anticipate the USDJPY pair to sell off.
    In addition, we expect the EUR to lose ground against the GBP.
    So, watch for potential stabilization of the GBPUSD and weakness in the EURGBP.

    For detailed trade recommendations visit:
    http://www.goldcoastam.com/report.php?a=einvestorsforum

    Sincerely,

    Chris Brueck
    Gold Coast Asset Management Inc.
     
  2. GCAM

    GCAM New Member

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