Traders Expect Thin Trading Buy Higher Volatility Over Thanksgiving Holiday
Forex Market Issues and Risks
Traders expect thin trading buy higher volatility over Thanksgiving Holiday
News and Events:
The Dollar rose against the Euro on Wednesday as few weak US economic reports renewed worries of a deepening economic recession, leading investors to buy the Dollar as a safe haven. Dollar gains versus the Euro recently have been […]
Dollar Strengthens Over The Weekend. Once More, Gaps At The Sunday Open
Dollar Strengthens Over The Weekend. Once More, Gaps At The Sunday Open
Overall, the market gapped again at the Sunday open. This time, the G20 meeting caused the dollar to strengthen during the weekend. However, the currency pairs are starting to move to the upside, showing that the market is looking to close the gaps. Today, […]
Manufacturing: U.S. and Euroland PMI’s Cross Over Again
Manufacturing: U.S. and Euroland PMI’s Cross Over Again
Early today, Euroland reported a downward revision of its September PMI-manufacturing index to 45.0 from a preliminary estimate of 45.3 and an August reading of 47.6. In the United States, the Institute of Supply Management just announced a much bigger 6.4 plunge in the U.S. PMI-mf’g index to […]