U. S. pensionamen

The Greenback fell against the major oil companies earlier this week, just below the 1.29 Tumbling level against the euro and falling to 1.5176 against the pound. U.S. Exchanges their gains Friday with the Dow Jones more than 3.6% and the Nasdaq more than 4% in the afternoon in the middle of negotiations on a rescue plan to inject 20 billion U.S. dollars in Citigroup and guaranteed more than 300 billion U.S. dollars in Assets toxic.

The det-wide real estateRhin struggling with home sales in October, posting 3.1% from 4.98 million units, compared with 5.18 million units in the month before. Several important reports are on Tuesday, including Q3 GDP, PCE Q3, September Case-Shiller price of housing, November consumer confidence, and the investigation by the Federal Reserve Bank of Richmond. The U.S. economy is estimated that the vertraglichoder by 0.5% in 3rd trimestrestre, queaprès during the Confernce Board survey of consumer confidence is estimated to have slip up to 37.9

Traders look ahead to Germany to the Q3 GDP data, due early Tuesday. EURUSD is stable above the 1.29-range interim resistance seen at 1.2940, followed by 1.2970 and 1.30. Subsequent ceilings are the eyes of 1.3050 and 1.31. On the other hand, support starts is 1.29, followed by 1.2870 and 1.2830. Additional floors are seen at 1.28, backed by 1.2760 and 1.2730.

 

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