FOREX RESEARCH

February 13, 2009 GMT 11:08 EUR/USD Today’s support: - 1.2820, 1.2777 and 1.2754(main), where correction is possible. Break would give 1.2736, where correction also may be. Then follows 1.2714. Break of the latter would result in 1.2678. If a strong impulse, we would see 1.
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Forex - Technical research and Forexyard Daily Forex research by Forexyard Research
Forexyard analysis - G-7 Takes the Task of Rebuilding the World Economy

The G-7's finance ministers and central bankers meet tonight and tomorrow before releasing a statement and talking to reporters at about 2:30 p.m. local time. On the agenda: How to thwart protectionism, overhaul financial oversight and end what the International Monetary Fund calls a depression in advanced economies.
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Thursday, 12 February 2009, 09:32 GMT
Forex - Technical research and Forexyard Daily Forex research by Forexyard Research
Forexyard analysis - Falling Crude Oil Prices and Passage of Stimulus Bill May Push USD Higher

Yesterday's drop in Crude Oil prices lent weight to the notion that traders are expecting the consolidating USD to spike in value versus its major currency pairs in the not-too-distant future. The passage of Barack Obama's stimulus bill yesterday may also lend weight to this notion. Today, traders could see the value of the EUR/USD pair drop towards the 1.
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Thursday, 12 February 2009, 02:59 GMT
Forex - Fundamental research and GCI Forex Research by FX Research Desk
Fundamental Outlook

The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2835 level and was capped around the $1.2995 level. U.S. Treasury Secretary Geithner is traveling to Rome to attend the Group of Seven meeting of central bankers and finance officials from Friday. He is expected to call on his counterparts to enact bold action to lift the global economy from recession and strengthen the regulation of the financial markets.