Markets Ready to Put Recent Financial Collapse Behind?
September 15th, 2009 admin
What a day today is for the financial industry, as one year ago, on the 15th of September, markets across the globe got hit from the news that the biggest lender in USA Lehman Brothers filed for chapter 11 bankruptcies, amid the credit crisis and therefore starting the biggest liquidation that markets have seen for a long time. It was a black Monday and investors still shiver when they think how that day changed the course of history for all market participants. Today, a year after the worst recession since the 1930s, markets are in a better position with investors …
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spoteuro Forex Daily Outlook March...Happy Monday Traders! Expect the euro to strengthen during the first few days of March as plans to rescue Greece finally come to light. Germany is leading the way to buy Greeces bonds, a European effort to grant Greece as much as 25 billion euros. Nothing is written in stone just yet, but if we look at the overall picture, Greece needs to raise 53 billion euros in 2010 and will face 20 billion euros of bond redemptions by the end of May. We do not think that this bail out will work in the long term and the euro may pay the price later this year. For now, we expect a retracement up to 1.38/1.40 area before the news fades and traders realize that the long term problems within the EZ need to be fixed before the euro can be pushed higher. Dont forget, we will be hosting a Live! Trading session Tuesday, March 2nd, 1500 GMT/10am EST. Premium members may access the direct link in the Members Downloads section. The room will be open 20 minutes prior to trading. If youd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area. Please visit us at www.spoteuro.com
spoteuro Forex Daily Outlook Februa...Once again the market is unable to break below 1.3450, and we expect it to reverse if it is not able to close lower during todays session. Economic data overnight was mixed, with the yen gaining and the pound selling off the most during the last 24 hours. With GDP figures coming out of the UK and the US along with other data, well be focused to see if dollar strength continues. Until tomorrows action, it seems the market is trying to put in a bottom. Dont forget, we will be hosting a News! Trading session Friday, February 26th, 1500 GMT/7am EST. Premium members may access the direct link in the Members Downloads section. Ifyoud like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area. Please visit us at www.spoteuro.com
spoteuro Forex Daily Outlook Februa...Hi Traders, Fed. Reserve Chairman Ben Bernanke said that record low interest rates are still required to assist the economic recovery. The equity markets closed higher, while the dollar was mixed in what was mostly a choppy NY trading session. The market seems unsure of what it wants to do and with much more economic data due to be released today and tomorrow, well be looking for more volatility and hope the market provides direction. Dont forget, we will be hosting a Live! Trading session Thursday, February 25th, 0700 GMT/2am EST. Premium members may access the direct link in the Members Downloads section. The room will be open 20 minutes prior to trading; all this while US New Home Sales dropped to a record low in January. If youd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area.
spoteuro Forex Daily Outlook Februa...Hi Traders! Economic data yesterday, though a bit mixed, helped strengthen the dollar as equities turned negative, leaving the DOW Jones down 100 points for the day. We still see the dollar rally continuing, but with the gains overextended, we wonder whats going to cause the retracements? Economic data set to be released over the next 72 hours will definitely give the market some trading opportunities. Were watching for a break of 1.3450 on the EUR/USD pair and a retracement to 1.5550 for the GBP/USD. We remain dollar bulls for now with retracement along the way. Article suggestion: finance.yahoo.com Dont forget, we will be hosting a News! Trading session Wednesday, February 24th, 1500 GMT/10am EST. Premium members may access the direct link in the Members Downloads section. The room will be open 20 minutes prior to trading. If youd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area.
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Related Tweets from Twitter
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xmegan05 (Megan Taverse) : @: Trader Outlook - Bob Iaccino's Daily Forex Webinars. http://bit.ly/dCrgxU.. Updated : 2010-03-11T17:11:00Z | Reply | View Tweet |
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abonde (Allen Bonde) : looking at last 2 @TheEconomist daily charts - countries w/ most expensive cities (mostly Europe)...also have worst employment outlook!.. Updated : 2010-03-11T17:01:05Z | Reply | View Tweet |
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graham_murphy (Graham Murphy) : Interesting daily chart from @TheEconomist based on the Manpower Employment Outlook Survey http://econ.st/9N2Trm #economist #meos #jobs.. Updated : 2010-03-11T16:54:02Z | Reply | View Tweet |
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tradepips (Trade Pips) : http://bit.ly/cvebly Daily Forex Outlook Euro Rallies, Gold Plummets http://bit.ly/9EmNsC
#Forex #MKT #news.. Updated : 2010-03-11T16:37:15Z | Reply | View Tweet |
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natgastrading (Nat Gas) : Natural Gas Daily Technical Outlook For Thursday > http://tinyurl.com/yk9rou4.. Updated : 2010-03-11T16:25:47Z | Reply | View Tweet |
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