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The first task in our business was establishing contacts.  Because we had business associates throughout America and Africa, this was relatively easy.  In addition, all our investors were bringing to the company many years of experience and through that, had already established many contacts.  We...

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Eastern Africa

When in 1869 few beyond the colony of the Handle had been discovered diamonds, region soon later annexed by England. In 1872 it had an independent internal administration. The second part of the revolution was to the discovery of the gold in the republic of the Ber of the Transuaal, in 1855 for the English....

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GBP Currencies

Posted by Geneva | Posted in News | Posted on 09-08-2021

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The greenback lost ground Several operators were short weight Several traders bought dollars in the fall Night view Dual Action It is expected there be a technical trade Schedule for Friday Eastern (-4 GMT) 12: USD Fed’s Bernanke will speak 00pm Despite a slight improvement in the last minute and that several operators were short the USD, closed yesterday losing ground against most currencies. It is currently under pressure. Most major currencies raised their level of support. On Friday, they can determine whether the dollar will continue falling.

Both the euro and the GBP maintained their earnings taken, unlike other currencies, so that both currencies will continue to rise apparently. The maximum recorded in LIBRA 1.4599 and closed at the 1.4500/10 area in New York. The EURO managed to stay on the rise, recorded highs in the 1.3739, then fall to the 1.3660 area. More information is housed here: World Bank Group. The pair is above previous resistance levels, and several that were short of the EURO started to be filled. If the pair would reach 1.3800, which were in short, take appropriate measures, the 200-day MA is around 1.3980. USD / JPY fell and minimum recorded in 93.53, the stops were placed at 93.00, but it is estimated that there will be a correction to the 92.00. The pair remained in 94.60 at the close of New York.

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