Campaign Trading - EURUSD SPOT FX and Futures Part 2.mp4
Hi Traders, We anticipation you enjoy our presentation on using the Euro Futures to time your entry into the Spot FX trade in utalising volume. This is part ...
Hi Traders, We anticipation you enjoy our presentation on using the Euro Futures to time your entry into the Spot FX trade in utalising volume. This is part ...
Here’s a quick look at what’s expected to move the forex markets today Friday, September 2nd:
Local Australian markets have been more focused on the growing reports that PM Julia Gillard position is on the line with names being thrown up left right and centre, who will be taking over from her. The Australian Dollar has managed to fight off the doubt with weakness limited to 1.0685 as we close out the local week. An attempt to break above new 1.0730 re-sistance was stopped by the concerns and also a weaker equity market. Euro opened the Asia session at 1.4260 with early recovering trade and small buying from sovereigns taking it to 1.4285 but it has now retraced to close out the day at the opening level.
Japan has a new ministry with the Finance Minister Jun Azumi a real unknown and the actions that he could take to support the BoJ in the attempts to weaken the currency are unknown. The price has not been able to make head way in either direc-tion as the market remained focused on the coming US Payroll numbers. Sterling like the Euro rallied during the morning session on sovereign buying and expectations from locals that the pair was a little overly short. However, the price is back towards the open level of 1.6180 as we close the day.
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FX Traders Anticipate US Non-Farm Payrolls
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Forex - Asia Open - Overnight Highlights
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