Not a Member? Join Now!   Already a Member? Sign In!

risk

Bobbys Corner-Open Market-April.20.2011

bob-slade-forex-trading-3-150x200Good Morning:

Risk took center stage in overnight FX markets.  Euro was strong after a robust Spanish bond auction-and positive flows from Asia.
Aussie was the main attraction-as the AUD/USD pair rose to a new post float high of 1.0685.  The GBP took a back seat as dovish comments from the BOE showed that interest rates may not be rising any time soon.
The JPY lost some ground-as commodities and equity markets gained overnight.

Bobbys Corner-Open Market-Jan.19.2011

bob-slade-forex-trading-3-150x200Good Morning:

Risk appetite is again the flavor of the day.

EUR/USD topped the 1.35 handle-before profit takers took advantage of the price and drove the pair back down into the mid 1.34 levels.  The pair is back over 1.35 at this time.
Good results by both IBM and Apple helped lead the risk rally.  Selling by Asian central banks limited the rally.

This morning we have data on the US Housing market-speculation is that we will see disappointing data again in this sector-which also added to the USD downturn overnight.

Bobbys Corner-Open Market-Sept.13.2010

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

I have returned from a few days of holiday with my family.  Very nice and relaxing-just what a few days off should do.

The JPY and USD fell as risk entered the marketplace.  Chinese economic data was better than expected, indicating that the world’s second largest economy is running on full steam. 
Comments from Europe that the banks will have up to 8 years to build up capital and adjust their business model if needed also added to the return of risk to the markets.

Syndicate content