The Forex market is the most liquid and functional capital markets globally. The foreign exchange market allows participants to hedge currency exposure while at the same time generate liquidity by generating speculation on multiple exchange rates. In most currency transaction, one participant will exchanges a specific quantity of one currency for a specific quantity of [...]
long trading size : small entry 1590stop loss [ask me ]upside target 1606
FX markets have been shocked into a standstill, as event risk-laden news flow halted true directional price action. S&P announced that they were putting the US`s cherished ‘AAA/A-1+’ rating on creditwatch negative. S&P stated that further delays on debt talk could cause “at least a one-in-two likelihood that we could lower the long-term rating on [...]
Jul 14 UPCOMING DATA HIGHLIGHTS for Friday, July 15: Far East: JP BOJ Minutes. Europe: EZ Trade. North America: CA Mfg Sales. US CPI, Empire PMI, Ind Prod, Cap Util, U of Mich.
Even though ECB President Trichet was quite clear last week in signaling that rate hikes are not over, based upon interest rate futures, investors are actually pricing in NO RATE HIKES for the rest of the year and into the first half of 2012. Since the beginning of the year, the ECB insisted that the [...]