The Quiet Before the Storm! -IFCN Wk 45 � Tue � Equity $1,268.56 - 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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Tuesday, 14 October 2008

The Quiet Before the Storm! -IFCN Wk 45 � Tue � Equity $1,268.56

The dollar seems to be stopped by the global recapitalization plan. Surprised?You shouldn't be. It is the classic working out of the �Buy the news, sell the fact!� principle that works regardless of the side you happen to be on. In this case it was the foreign currencies being traded in for dollars as long as panic reigned, and now that the panic is basically over..., they're not continuing

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