Dollar Recovery Obvious, but Obvious to Whom? --IFCN Wk 34 -Tue- Equity: $666.73. - forex leaning place

forex leaning place

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

Post Top Ad

Tuesday, 29 July 2008

Dollar Recovery Obvious, but Obvious to Whom? --IFCN Wk 34 -Tue- Equity: $666.73.

In trading, perception tends to become reality only after a period oftime where there are no major conflicts to the new perception.Any basic commodity group that is priced in dollars and is showing adecline in prices, is giving the perception that the dollar is gettingstronger, at least in that sector. If it were just one sector, the oldperception of permanent dollar weakness might remain.But,

No comments:

Post a Comment

Post Bottom Ad

Responsive Ads Here