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2013-01-21
Daily Currency Strength and Weakness Analysis


EUR is the strongest currency, losing some ground after a bullish run last week.
NZD is the 2
nd
strongest currency, still negative after it started weakening last week.
AUD is the 3
rd
strongest currency, edging downwards.
USD is the 4
th
strongest currency, weakening after its strength last week.
CAD is the 5
th strongest currency, edging down after last week�s strength.

JPY is the weakest currency, suddenly strengthening again after its losses last week.
GBP is the 2
nd
weakest currency, continuing its weak performance.
CHF is the 3
rd weakest currency, edging down after a show of strength last week.

Traders Note: There are no ideal pairs this morning as all the strong currencies are weakening this morning. We will wait for some clearer direction, before we attempt to trade.  


Risk Warning : Trading in forex is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. 

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Forex Risk Warning