During today’s Asian and London sessions, rising risk appetite at stock exchanges from Sydney to London was accompanied by broad weakness in the Japanese yen. As the New York session unfolded, the yen lost further ground against the major currencies. A long trade on the EUR/JPY currency pair yielded up to 60 pips [depending on exit strategy]. Curt Wehrley FX Bootcamp’s Quantitative Analyst
FOREX VIDEO - New York Session Review - November 23, 2009
Source: blogs.fxstreet.com
- Tags:
- Daily market commentary
Read more...
Gold Prices Set to Decrease
Source: ForexYard • Below is the 4-hour chart for the Gold by ForexYard. • The indicators used are the MACD, Slow Stochastic and RSI. • Point 1:...
Pepco Announces 15.4 Million Share Offering (POM)
Pepco (NYSE:POM) announced it entered a forward-sale agreement with Morgan Stanley for 15.4 million shares at close of the offering.Underwriters...
Romania Increase it's Forex Reserves
Romania's foreign exchange reserves stood at EUR 28.402 million as on October 31, up from EUR 28.339 million as on September 30, the National Bank of Romania said on Monday. At the same time, the gold stocks remained unchanged at 103.7 tones. The international reserves (foreign currencies and...
Colombia Central Bank Lifts Rate 25bps to 4.75%
The Central Bank of Colombia increased its monetary policy interest rate 25 basis points to 4.75% from 4.50%. The Bank...
A Personal Watershed - Is Forex For You?
One of the biggest markets for investors to open up in recent years is forex trading. A lot of people use it as an alternative to the stock market, and after the bloodletting on Wall Street last fall, who can blame them? Best Online Earning Ideas -...