Archive for April 2008

Investigators: Millions in Iraq contracts never finished

Apr 28th, 2008 | By MichaelFox | Category: Forex News

WASHINGTON (AP) - Millions of dollars of lucrative Iraq reconstruction contracts were never finished because of excessive delays, poor performance or other factors, including failed projects that are being falsely described by the U.S. government as complete, federal investigators say.



Currency Majors Technical Analysis

Apr 28th, 2008 | By MichaelFox | Category: Forex Analysis

European Session EUR/USD - Euro Dollar
1,5642. EUR USD is in an downtrend directed by 1H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is low.



EURUSD: EUR Rejects Higher Level Prices, Tests Lower Prices

Apr 28th, 2008 | By MichaelFox | Category: Forex Analysis

EURUSD- Following a brief break and hold above the 1.5896/1.5913 area, its Mar 31’08/April 10’08 highs on Tuesday and its subsequent failure at that area, EUR sold off hard for a thirdday in a row on Friday closing at 1.5626.



The forecast of World-Signals.com for $120 for barrel happens

Apr 28th, 2008 | By MichaelFox | Category: Forex News

ECB Foreign Exchange Reference Rates - Apr 28
LONDON (Dow Jones) Following are European Central Bankforeign exchange
reference rates. All currencies are quoted against the euro.