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  • EUR/USD Collapses to Fresh 11-Year Lows Ahead of Greek Elections

    EUR/USD sank to it’s lowest levels since September of 2003 on Friday, after the European Central Bank exceeded market expectations with its QE program to boost the economy and stem deflation. ECB President Mario Draghi announced yesterday the long awaited plan to buy $60 billion euros ($68 bil

  • Jobless Claims Miss Expectations

    The Labor Department reported on Thursday that initial jobless claims fell to a seasonally adjusted 307K for the week ended January 17th. The figure missed expectations of 300k. The prior week’s figure was revised upwards to 317K. Continuing Jobless Claims came in at 2,443K, missing analyst e


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  1. GBP/USD Rebounds after 18-Month Low
    GBP/USD (daily chart shown below) has rebounded after having hit a new 18-month low below 1.5000 late last wee. […]
  2. European Developments Steal Spotlight from Today's Fed Statement
    *On days that the Federal Reserve issues its statement that tends to be the main highlight of the trading sess. […]