Last few days must have felt like very eventful in Forex trading. Volatility increased in relation to previous weeks and a lot of currency crosses experienced large swings. I could be a little skewed in my observation, being mostly focused on Pound and its pairs lately. When GBP moves it, well, moves and gets noticed. But [...]
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Currently browsing posts found in October2009
The Yen, a year after.
October 30th, 2009 at 7:38 am » Comments (9)
Forex Beast comes alive.
October 29th, 2009 at 7:46 am » Comments (10)
Turns out my remarks from yesterday’s post, Important trend is emerging, must have touched a raw nerve with investors and traders worldwide. This is very dramatic- worldwide. Towards the end of the post I was making fun about how predictable and one dimensional Forex related headlines have become. Last sentence was ” Maybe by tomorrow [...]
Important trend is emerging.
October 28th, 2009 at 8:33 am » Comments (7)
Another central bank raised interest rates. This time it is the Norges Bank, which decided to raise its main lending rate by 25 basis points from a record low to 1.5 per cent. Norwegian central bank became second among the industrialized nations to bump interest rates after prolonged period of lowering them. Reserve Bank of [...]
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