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Bobbys Corner-Open Market-Oct.14.2010

bob-slade-forex-trading-8-150x200Good Morning:

I am writing again from Kuwait-and we will be heading to Qatar at the end of the week.

Bobbys Corner-Open Market-June.22.2010

bob-slade-forex-trading-7-150x200Good Morning:

German IFO data came out this morning better than expected.  The medium estimate was for a reading of 101.2 and the actual number was 101.8.  This data suggest that the German economy is moving forward on a positive note.  Also of note is that the European debt crisis has not deterred German businesses from focusing on building  up their firms.

Bobbys Corner-Open Market-Oct.7.2009

bob-slade-forex-2-150x200Good Morning:

Hello from sunny and hot Kuwait.

JPY hit a nine month high against the USD as comments from Japan’s Finance Minister stated that policy makers are not concerned with it’s strength.
Currencies from commodity producing countries are the biggest winners today.  Kiwi  rose to a 14 month high, and the Loonie jumped to a  1 year high against the USD.

Asian equity markets were higher, and Europe is mixed at this time.
US Futures are also fluctuating before the NY open.

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