Forecast for August 5, 2009
Written by GF Team on August 5, 2009 – 7:42 am -As you see, the news have been quite positive recently. So, today we can expect the continuation of dollar’s falling down against its main rivals – British Pound and Euro. The main attention is to be paid to the following news, which can influence the situation on the market greatly: ADP Employment Change, Euro-Zone Retail Sales and the level of Industrial Production in Great Britain. Due to that the prices are likely to be moving in the following way: EUR/USD – 1.4300 – 1.4500, GBP/USD – 1.6850 – 1.71200, USD/CHF – 1.0500 – 1.0650.
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