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06/03/2012 22:22 AST
This week's focus is on the Greek bond restructuring vote, with expected range trading. "Some would be better off in voting 'No' and triggering payouts under CDS insurance. The authorities would hate this and the precedent that would be set", writes Gavin Grier-Rees, analyst at FX Market Report.
"Our trend analysis points to us being in a 'failing bull trend' though the short term signals are neutral", he adds, pointing to 1.3160 as current support, followed by 1.3130-50 area. Resistance is at 1.3200-05, 1.3240-45 and 1.3300-10.
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FXstreet
| US Dollar | 1.00 |
| Euro | 0.88 |
| British Pound | 0.77 |
| Japanese Yen | 113.21 |
| Saudi Riyal | 3.75 |
| Kuwaiti Dinar | 0.30 |
| Derham Emirati | 3.67 |
| Bahraini Dinar | 0.38 |
| Omani Riyal | 0.39 |
| Qatari Riyal | 3.67 |
05/04/2018
Oman has the means to maintain its currency peg and has no plans to change it even though the decline in oil prices has hurt its finances, central bank Governor Tahir Al Amri said.
Oman's g
Gulf News
02/04/2018
China's yuan firmed against the dollar on Friday and is set to post its biggest quarterly gain in a decade, as the country attracts capital inflows and US trade frictions bolstered expectations of a
Gulf News
01/04/2018
The US dollar's share of currency reserves reported to the International Monetary Fund declined in the final quarter of 2017 to a four-year low, as other currencies' shares of reserves grew, data rel
Gulf News
29/03/2018
The US Dollar Index, a measure of the value of the US dollar against a basket of currencies, teetered and dropped to quarterly lows in March, which also happen to be the lowest the index has been sin
The National
29/03/2018
Turkey's lira weakened beyond the psychologically important level of 4.0 to the US dollar yesterday, bringing it close to a record low, as concerns about double-digit inflation, and politics, continu
Gulf Times
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