Forex Market Updates & Commentary
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- GBPUSD surges higher. Resistance at 1.5772-85 eyed.
- USDJPY showing signs of consolidation/correction mode
- The headlines have the EURUSD trading in a choppy fashion
- Philadelphia Fed Survey Improves
- German Ministry says PSI may start Feb 22nd and end on March 9th
- Source: Bridge loan for Greece off the table
- Rumors of Greece bridge loans being off the table
- USDCHF falls below trendline and MA signaling the end of the trend (for now)
- Dutch Finance minister says large chance of a Greek selective default swap
- Philadelphia Fed Imminent at 10AM
- EURUSD tests 200 bar MA and 38.2% retracement on intraday chart
- EURUSD bounces off the 50%. Tests resistance
- Bobbys Corner-Open Market-Feb.16.2012
- US Jobless Claims Move Even Lower to 348K, Housing Starts Improve Slightly, Building Permits Weaker
- Canadian International Securities Transactions and Manufacturing Sales Index both lower than forecast
