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My Home About Me World-Signals World-Signals, Forex, Stock, Metal and Energy Trading Is The Time For Dollar Recovery Became? Posted on 05/03/2007 23:30:06 | Link | Post Comment Today may be many traders starting to ask whether the dollar is reached the high level against the euro and pound? Is the time for dollar recovery became? These are the top questions today after the release of ISM Services. After the positive ISM Index by Tuesday, followed by the growing Factory orders, better than forecasting Productivity and Initial Claims the dollar will make successive week against the euro for first time since six weeks. After today’s economic release we confirm the World-Signals.com forecast by the last week for dollar recovery to levels of 1.3300/40. If this level is break down the dollar will up to levels of 1.3130/45. But for the moment the forecasts for tomorrow-key US non-farm payroll report are not so optimist and that should break the starting dollar recovery. For the moment the US economy making positive surprises so is possible to expect the same situation tomorrow.   << My Home | The FX Markets Blog Home

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