At the beginning of this week, the forex market appears flatter than usual. Most currencies have leveled off and there appears to be quite a few consolidation trends on the technical charts. No doubt this pressure is building up towards this week’s G8 meeting in which the world’s financial leaders will discuss economic recovery plans. The participants typically reveal the summit’s main talking points to reporters throughout the various meetings which start this Wednesday in L’Aquila, Italy, and the impacts vary depending on the statements.
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