Sep 24, 2011

Forex Crunch Forex Weekly Outlook –September 26-30

Forex Crunch Forex Weekly Outlook –September 26-30

Forex Weekly Outlook –September 26-30

Posted: 24 Sep 2011 02:00 AM PDT

This was a week to forget for stock markets, but certainly a week to remember for dollar bulls, as the dollar returned to strength last seen 7 months ago. German Ifo Business Climate, US housing data and Unemployment are the major events this week. Here is an outlook on the upcoming market-movers.

Last week Bernanke announced $400 Billion Twist  to bail out the US economy from its bad condition by buying $400 billion long term securities of six to 30 years and sell them in three years. The Fed believes this would encourage mortgage refinancing drawing investors to the real estate market. Will this move help the struggling economy? It currently sent stocks, commodities and most currencies plunging against the dollar.

Read the rest of the article Forex Weekly Outlook –September 26-30

Forex Crunches for the Weekend – September 24

Posted: 23 Sep 2011 01:34 PM PDT

After Bernanke left many disappointed from his moves (or lack of moves) and currencies are reorganizing in new lines, the markets are now closed. It’s time for some long term forex related reads before the action resumes (another Sunday gap?). Here are my picks. Enjoy!

Bernanke managed to sideline the European debt crisis, but very temporarily. Even if Greece gets the next tranche of aid (still unclear), new austerity measures are likely to put it deeper in the trenches. How will this be felt in the euro?

Read the rest of the article Forex Crunches for the Weekend – September 24
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