The Chop Continues! -IFCN Wk 47 � Thu- $1,455.40 - 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.

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Friday 31 October 2008

The Chop Continues! -IFCN Wk 47 � Thu- $1,455.40

One day you're at completely new equity highs, and the next-- you're down more than 10% those highs. Welcome to the world of high volatility!The Eur/Usd shot up strongly early today and then dropped like a rock. Same with silver. And the other forex pairs.Doesn't mean that the moves are done, but it appears we will still have to wait a bit until they get stronger. Indecision is still the

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