Trading game - a risk to Australian

Foreign exchange market was remarkably peaceful so far this week, with very little movement of the major currency pairs. Downward pressure on the dollar, which we saw last week, before and after the Fed confirmed the possibility for further quantitative easing at the moment waned, though there is a suspicion that the downward trend will resume soon.




Euro, which has recently been quite brisk, despite fears of PIGS, traded above 1.35 yesterday, although he has since dropped to almost 1.3440 in early trading in London. For the pound was a nice time, when it reached a six-week peak of 1.5850. Concerns pound, due to the fall in property prices and the fact that measures tightening of public spending, George Osborne (George Osborne) will affect the economy. USD / JPY pair was completely smooth, as traders almost did not play in this direction, and the Bank of Japan is still "hiding in the bush." Vysokovolatilnye currency declined slightly from their best levels that were reached yesterday because of declining stocks, an Australian is at around 0.9575, down from yesterday's high of two years from 0.9600.

Translate this page