Started 2 months, 3 weeks ago (2009-09-09 19:24:00)
by CoBB
Market sum-up for the Day
USD has stabilized
after yesterday broad based collapse. The USD was the weakest of the major currencies as it fell to its lowest level against the Euro moving to 1.4530 while the Gold moved to a high of $1008/oz continuing from Fridays rally. The surge in Gold prices led to rise in equity markets across ...
Started 5 months, 3 weeks ago (2009-06-08 03:01:00)
by traderkenny
Quote:
Originally Posted by FXWizard
I'm going to give you the best explanation: market action discounts everything!!! Once it's discounted, the market can go anywhere.
In conclusion: never try to forecast the pair trend on the basis of news, it doesn't work.
Regards,
FXWizard
I agree with this explanation.....
Started 8 months, 2 weeks ago (2009-03-17 06:30:00)
by lowem
Yes, China's big stimulus package might have some impact, but will it
replace the lost consumer demand from US, Europe and elsewhere in Asia?
Probably not. But it's
better than nothing.
Started 4 months ago (2009-07-28 16:07:00)
by vladv
I'm not american myself but I think that FED's and US Treasury
monetary policy is very wrong in the long term for the dollar strenght and the US economy.Too much fiat money is always a BAD thing!
Started 2 months, 3 weeks ago (2009-09-04 18:48:00)
by CoBB
Market sum-up for the Day
The US Dollar continued its weakness against the majors as US stocks ended their 4 day
losing streak as Chain store sales exceeded forecast and Chinese equities rallied the most in six months. Chain stores such as Costco rallied 8.6%, Gap rallied 7.6% while Alcoa and Caterpillar helped move the Dow Jones ...
Started 2 months, 4 weeks ago (2009-09-02 19:14:00)
by CoBB
Market sum-up for the Day
Safe haven
currencies turned bullish yesterday as risk aversion again shadowed over the markets despite good data released from Asia, Europe, and the U.S. Traders strongly believe that markets have run up too much faster than economic fundamentals, and further correction might continue. The VIX Index a ...
Started 5 months, 2 weeks ago (2009-06-16 08:54:00)
by kalana
Analysis for today
June 16th 2009, Termites In The Housing Sector?
The USD gained with large strides on Monday against most of the major currencies except the JPY. Investor sentiment dropped off a cliff yesterday as
the Empire State Manufacturing report produced a fall of -9.4 compared to the already poor estimate of minus -4.7. ...
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