Foreign Exchange Insights and Next Week
Topsy Turvy Currency Trading from One Day to the Next
April 13, 2012
This holiday-shortened past week exemplified the undecided sentiment of the currency marketplace. It’s healthy for conflicting opinions to compete in currency trading. Shifts in the balance of power between different views and the bulkiness of commercial transactions and large capital movements that hit the market create noise that can obscure a sense of market direction. […] More
New Overnight Developments Abroad - Daily Update
Chinese GDP Disappointment Quells Mini-Stock Market Rally
April 13, 2012
Pacific Rim equities extended the Wednesday-Thursday recovery in global share prices. Stocks advanced 1.8% in Hong Kong, 1.6% in Taiwan, 1.5% in Pakistan, 1.3% in Thailand, 1.2% in Japan, and 1.0% in Australia and The Philippines. In Seoul where there was some relief that North Korea’s rocket launch had failed, stocks gained 1.1%. Then came […] More
