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Weekly Forex Signals
Japanese Yen improving as USD takes a setback
Fundamental

The yen traded near an eight-month high against the dollar as signs the global economic recovery is slowing boosted demand for Japan’s currency as a refuge. The yen was close to the strongest in two weeks against New Zealand’s currency after Goldman Sachs Group Inc. cut its growth outlook for the U.S. and Japan, and economists said a report tomorrow will show China’s exports rose at a slower pace. The dollar was near a three-month low against the euro as traders reduced bets the Federal Reserve will raise interest rates in the next 12 months. South Korea’s won touched a two-month high.


Technical

U.S. Dollar is still in a downtrend against Japanese Yen, as we can see strong supply in the market, based on technical indicators like RSI, which is in a clear downtrend, MACD crosses the signal line downwards and Bollinger band gives us a bearish signal by closing the candle below the middle band.

Angelina Jolie is back to her pre-pregnancy best on the cover of the new issue of Germany's Cosmopolitan - which makes sense because she had never been pregnant when the photo was taken.

See Angelina's recycled Cosmo covers below



The mum-of-six flashes a lot less skin than Brad Pitt's former wife does on her recent GQ cover but nevertheless looks stunning in a sky-blue tank dress which appears to show off her post-baby curves.