Monday, December 29, 2008

ACM's Online Forex Trading Platforms

ACM's

Online Forex Trading

Platforms

All the tools you need to successfully trade the forex market.

ACM Forex Video Tour

Forex Video
Forex Video

What's New at ACM?

Learn more


Daily Forex Snapshot: 12-29-2008

Add the ACM Forex News in your feed reader

Forex - Asian Session: Dollar retreats on expected earnings data, markets thin but not dormant.


G10 Advancers and Decliners vs USD

CHF0.745

EUR0.618

JPY0.191
GBP-0.122
Asian trading today was very thin across asset classes – currencies no exception to the end of year markets that reign. Despite this, a wealth of data has been driving sentiment along with continued fears of recession in the U.S send the dollar lower. The EURUSD traded up from 1.4090 territory in early trading to as high as 1.4174 before settling into a 1.4140 – 1.4165 range for the remainder of...
Read more


Daily Forex News & Commentary: 12-29-2008

Add the ACM Forex News in your feed reader

Trading resumed in thin volume and stays in narrow ranges after Christmas holiday.


Most major currency pairs were confined to narrow ranges and volume was lighter than usual with most Asian and European markets closed. Trading resumed in the United States after markets were shut on Thursday for the Christmas holiday. The Dollar rose against the Yen on Friday after data showed sharp declines in Japan's industrial output and inflation fueled speculation the Bank of Japan would...
Read more

No comments: