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Crude oil fell heading for a record annual drop, on speculation that U.S. fuel stockpiles are increasing as the recession cuts demand. U.S. gasoline supplies probably rose last week to the highest since August, according to a Bloomberg News survey conducted before an Energy Department report due today. Confidence among U.S. consumers sank to the lowest level in at least 41 years as Americans grew concerned about keeping their jobs, the New York-based Conference Board said. Crude Oil is trading at $38 as of 9:25am, GMT.
Current Environment Sterling posted a strong 4.8% weekly gain against the USD and closed slightly below a resistance line dating back to late Sep 2008. Like the euro, cable...
In this PDF you will find the latest technical analysis published by Avantage Financial
EUR/USD-market strategy can be a buy from the 1.2780$ levelEUR/USD-market strategy can be a buy from the level 1.2780$Technical oscillators supporting the bullish trend for the...
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