Action Insight Weekly Review and Outlook Another Record Week for Dollar, No Sign of Bottom Yet It was another record breaking week with EUR/USD scoring new record high of 1.5687. More importantly, violent moves in the market pushed some pairs through important long term levels. USD/CHF took out parity for the first time in life. USD/JPY broke 100 psychological for the first time since 1995. GBP/JPY also broke 200 psychological level. Fed’s new Term Securities Lending Facility might have

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This entry was posted on Saturday, March 15th, 2008 at 8:03 pm and is filed under Financial Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.