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FOREX Training, FOREX Trading, FOREX Video
Forex Trading learn the basics. Forex...
Equity markets turn south, selling flows in EUR/JPY
Both the Kospi and the Australian All Ords were up almost 1% but have now fallen into negative territory. The Nikkei is down 0.25% and Taiwan is down almost 6% in 2 days. Add in to the mix some selling flows out of Tokyo in EUR/JPY and the market has been caught a bit by surprise. As I said earlier...
US net worth slide slows; government debt explodes
As asset prices have fallen, household net worth has fallen dramatically. The slide slowed in the most recent data. It fell to $50.4 trln in Q1 from $51.7 bln in Q4 2008. Mortgage debt was flat but consumer credit fell 3.5% (at an annual rate). Government debt rose at a 23% annual rate in Q1. The...
AUD/USD approaches stops under 0.8000
AUD/USD, which we last highlightend when it was near stops in the 0.8140/50 area. Now stops are eyed in the 0.8000 region. Having defined a top earlier, maybe we’ll define a bottom...
Dukascopy Morning Forex Overview - Sept 16 09
Previous session overview The dollar fell to almost a nine-month low against the euro in Asia Wednesday as investors reduced dollar holdings on views that the U.S. currency may weaken for now due to pessimism over the U.S. economy. Investors have been selling the greenback across the board as they...