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World-Signals expect stable dollar in the coming weeks

By:   Peter Mill
  • 23-12-2007
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Optimism for the world biggest economy keeps the dollar stable at the end of the year. Just a day before the holiday the traders prefer to close their short EURUSD positions, but the tendency for new dollar recovery after the holiday remains. The dollar will test the levels below 1.40 to the end of 2007 or at the beginning of 2008. The U.S. economy is in good condition and after the holiday will send positive fundamental signals. In World-Signals.com the tendency is for positive news for the U.S. economy and continue recovery of the dollar. We expect test of 1.40 in very short time probably the end of the year before.

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Next Analysis: Stable data out of the U.S. boosts dollar. Japanese Market Holiday
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World-Signals.com provides market signals for customers of 6 continents. Every business day Forex Intra Day and Long-Term Signals, CFD, Energy and Metal signals and forecasts by World-Signals.com.



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