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A Rebound in Volatility Expected as Forex Trading Signals Show Breakouts and Trends (Daily FX via Yahoo! Finance)

Currency trading markets have started the New Year with a bang, as the US Dollar has already carved out major moves against the Euro and other key counterparts. The sudden jump in volatility has largely benefited our Breakout and Momentum-based trading signals, as our strategies have largely bought into US Dollar strength.

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Forex Trading Signals Well-Positioned for Gains in the New Year (Daily FX)

Currency trading markets have started the New Year with a bang, as the US Dollar has already carved out major moves against the Euro and other key counterparts.

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Pound Climbs To New Multi-Day Highs Against Most Majors (INO News)

(RTTNews) - The pound climbed against its most major counterparts during Monday's early trading. The pound rose to a 13-day, 12-day and 17-day highs against the currencies of Europe, Switzerland and Japan, respectively.

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China Market Welcomes New Trading Year (INO News)

(RTTNews) - The old year couldn't end soon enough for the Chinese stock market, which closed out 2008 on an eight-day losing streak worth nearly 200 points or 10 percent along the way.

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Euro Falls To New Multi-Day Lows Versus US Dollar and Pound (INO News)

(RTTNews) - During early deals on Monday, the euro fell to new multi-day lows against its US and British counterparts as the European Central Bank Vice President Lucas Papademos said yesterday that the central bank may be in need of further rate cuts in order to protect the economy from recession.

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DryShips: Ready to Rally (TheStreet.com)

Combining all the technical signals, we see a reversal in the share price that will allow for a sustained move higher.

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Momentum remains bullish (Business Times (Malaysia))

THE Kuala Lumpur stock market managed to stage a mild window-dressing rally in the holiday-shortened three-day week which extended to the first trading day of the new year, as investors swarmed in to lift the benchmark Kuala Lumpur Composite Index (KLCI) to a near two-month high.

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