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The further Euro/Dollar trends in a crucial week

02 Nov, 2009 @ 01:50 am ET | written by World Signals


This week is important for the further euro/dollar trend. The economic events are too much that will affect over the trading. The Fed will leave the key interest rates at the lowest level but the signals when will start rising is the most important. The investors expect some key time frame when the Fed and economy will be ready for higher interest rates. If the signal is clear the investors may back the interest of the dollar currency. The other key news this week is the Friday jobs report that is expecting from better reports for U.S. non-farm payrolls to worse than prior month. The forecasts predict new rising of Unemployment Rate to the psychological level of 10%.

For more forex information, go to www.world-signals.com

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