FOREX VIDEO - New York Session Review - Sept 1, 2009

Source: blogs.fxstreet.com

Risk aversion had been the primary theme in global financial markets during today’s London session. An attempt by bulls to wrest control from the bears after the release of better than expected US news proved futile during the New York session. Traders who waited patiently for the post-news volatility to subside before shorting the EUR/USD currency pair, were rewarded with a profit of at least 90 pips before the London close. Curt Wehrley FX Bootcamp’s Quantitative Analyst


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