The Japanese and Korean equity markets have picked up again on the negative sentiment from yesterday and are both over 1% lower in early trade.
Nikkei and Kospi both over 1% lower in early trade
Source: www.forexlive.com
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Weekly Forex Market Followup (August 22nd – August 26th 2011)
By Michael Trinkle, ForexTraders Key Fundamental Forex Events for the Week of August 22nd through August 26th The following table lists the key economic data and other events that came out during the week of August 22nd through August 26th, with release times displayed for the GMT time zone. The...
Just what the euro needs…
An Icelandic central bankers says that Iceland will join the euro zone in the near future. Just what the euro needs, another insolvent country with a financial sector that has suffered an epic implosion. Iceland would have to go through a draw-out process well before it could join the euro zone, I...
Automated Forex Trading is Would Be Great If There Was a System ...
Automated Forex trading system are certainly the wave of the future. We just have to wait until the designers, developers and software engineers actually figure out how to program a autopilot currency software trading system that works. ... Make Money with Blogging -...
AUDUSD’s bounce from 0.9134 extended to 0.9325 only
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Cable triggers stops
Well didn’t take long. Cable has duly triggered stops below 1.6650 reaching a session low 1.6621 fairly quickly. I think I misjudged things a little, this looks like general sterling weakness rather than just cable pressure. From here, technical supports for cable 1.6620 and 1.6600. EUR/GBP...