Forex News: Crude Oil Down in Holiday Trade, Gold Attempts to Resume its Rally
September 6th, 2010 Posted in Market Comments | Comments OffWill economic optimism from last week carry over into the coming holiday-shortened week? Regardless, the direction of markets will be extremely telling with regard to whether the latest move was merely an oversold bounce or the start of a new trend.
Forex News: Trading Ranges Expected to be Rather Tight with US Markets on Holiday
September 6th, 2010 Posted in Market Comments | Comments OffAll is quiet in the markets thus far on Monday with currencies locked in some tight consolidation into the European open.
Forex News: Forex Fundamental Trends Monitor 09.06.2010
September 6th, 2010 Posted in Market Comments | Comments OffForex markets are seemingly poised to extend last week’s forceful recovery in stocks-correlated currencies but seasonal factors may complicate the sentiment landscape, opening the door for a return to risk aversion.