Forex Market Updates & Commentary
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- Russia has no plans to purchase EFSF debt: Russia central bank head
- Bobbys Corner-Open Market-November.18.2011
- EURUSD test 50% of the weeks range and finds profit takers
- Canadian CPI (m/m) 0.2%; better than expected.
- Draghi says gov’ts must implement EFSF reforms quickly
- ECB’s Makuch says ECB will do what is needed regarding debt crisis
- 11-18 Economic Calendar
- China Sets Yuan Reference Rate @ 6.3548 vs USD
- usd/hkd trying to break out of a hourly channel.
- USDSGD Moves Off 76.4%
- usd/sgd again testing the 23.6% retracement level
- Triangle Continues to Hold
- USDHKD Pushing 61.8%
- Weekly Wrap up Friday at 11:00 AM with Shawn Powell “What a week its been.”
