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Operators' intentions read by Dr. S. Sivaraman, of i-knowindices.com

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a day of volatile moves - BOE interest rate decision time

Posted on January 7, 2010 at 6:25 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman12 Comments »

EURO and GBP made the firming up moves towards close of yesterday US session to swing and slide during japanese session.

They are expected to swing and slide during Early European session to make very volatile moves to reach above initial high and below initial low as wide range volatile moves after BOE interest rate announcement and slide towards close of european session.

They are expected to make lower level swings during US session.

Regards

Dr.Sivaraman

Tags: EURO/USD, GBP/USD

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