US Dollar Index Has Found Support Below 80, but the Trend Has Turned Lower

The US dollar has clearly rolled over, and while there is a possibility that this could be a head-fake, I think we must respect the market action here, which is signaling further USD weakness. The 200 day moving average is starting to flatten out near 81, which is about a point higher than current... FF News: Technical

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Many Concerned that ECB Bond Buying Program under Draghi Is Illegal

The markets have celebrated Mario Draghi's announcement that the European Central Bank will embark on unlimited purchases of sovereign bonds from crisis stricken countries. But are such purchases really legal? Draghi's own justification for the program leaves plenty of room for doubt. European Ce... FF News: Fundamental

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