The Dollar Will Weaken
Forexpros joins surrendering all their knowledge to visitors through a Webinar issued by Carlos Rocha, Director General of IdeasForex. Marketplace is a one hour Webinar where analysis was performed on the current status of the major currency pairs and their development during the week and what will the rest of the week for such pairs as well as analysis of key data economics of the strongest economies in the world. To participate in this webinar sign up here, you can ask questions in real time, to view pictures of the exhibitor, having a prospect that will happen in the coming days. Ask for promotions Ideas Forex has for all participants in this webinar. Date: Monday March 16, 2009, 3:00 PM CST The FOREXpros.es daily analysis Copyright 2009, Core Financial Group, Inc.. and Jason Alan Jankovsky All Rights Reserved. Trade the USD Today’s real estate sector data were very encouraging The stops are being placed in The preset ranges that were in short took profits Night view It is expected a trade in dual action The dollar may weaken over the next 24 hours to Tuesday All times EASTERN (-4 GMT) 8:30 a.m. USD Building Permits 8:30 a.m.
USD PPI m / m 8:30 a.m. USD Core PPI m / m 8:30 a.m. USD Housing Starts Broker The USD closed lower in New York, while continuing a two-way technical trade. Many investors sold dollars as risk aversion seems to decrease, and that is why some major currencies took off during the day.