Wednesday, July 28, 2010

[VIDEO] Risk Taking Returning to Forex Market

Traders look like they are starting to gain some confidence again---which means they are more likely to take on some additional risk in their portfolios. This is good for the euro and the commodity-based currencies. This is not so good for the U.S. dollar and the Japanese yen. Here are a few of the topics we discussed in today's Ask the Expert: Forex video. - Why the bears are easing up on the EUR/USD - A EUR/USD price target of 1.3300 - The impact of the interest-rate spread between Australia and New Zealand and countries like the U.S., Japan and the U.K. - How China can impact the value of the commodity currencies - The fundamental forces that may keep the USD/JPY from falling


Post a Comment

Previous Post Next Post Back to Top