Forex brokers reviews

Trading made simple
  • Home
  • Market news
  • Forex glossary

Forex market report

March 23, 2010 by Forex Market

We have seen a substantial change in the confidence in the major currencies after the euro fell once again to break a new low in 2010 on Monday, and 1.3435 timidly stagnating backtracking on positive territory to close the day today.

The theme continued Greek rescue in mind the priorities of investors and many are now speculating whether or not Germany would do anything to participate in the rescue of Greece. The reduced risk appetite in the early hours of Monday due to some harsh criticism deputed by the Prime Minister of Greece with regard to Angela Merkel, Prime Minister of Germany was allowing local banks to place bets against Greece in the hope to weaken the Euro. However, there were some words of encouragement by the European Central Bank president, Mr. Trichet that Greece would not abandon the European Monetary Union (EMU), some off-color comments by the Lord Wen of China on the relationship between U.S. and China, and the adoption of Obama’s medical plan were all seen as a propensity reinfusion investor and help to strengthen the supply in foreign exchange.

Moreover, the minutes of the Bank of Japan were published and were unclear on the desire of central banks to adopt a more convenient with regard to facilities such as has been stated several times by different officers in recent days. However, the publication did not influence price behavior. The New Zealand dollar found some new offerings in the past hours, after the Economic Research Institute of New Zealand announced that it expects the economy to grow at a faster pace. On the issue of foreign exchange reserve, the member of the Fed, Mr. Lockhart went on to say that while the United States has had the privilege of being the chosen reserve currency, this situation should not be taken as permanent lake.

A member of the Fed, Mr. Evans also said in recent hours giving to meet its forecast for the economy, saying he expects the U.S. economy grow by 3 to 3.5% this year but also warns that the impact of the stimulus will fall in the second half of 2010. Evans has come out with a trend towards lower interest rates after it also said that current market conditions still ensure a substantial accommodation. Meanwhile, Lord Wen of China has made great efforts trying to reduce the possibility of a war between currencies as more pressure has built in the U.S. to cite China as a currency manipulator.

Looking further ahead we will see, some indicators in the European session such as the consumer price index CPI in the UK (which is expected to 0.5%) and is scheduled for release at 9:30 GMT, along with the price indices retailers (which are provided in 219.1) and loans for house purchases BBA (36500 expected). Closes on indicators of the CBI distributive operations in the UK at 10:00 GMT. Futures in the U.S. stock and commodity prices have not been much change in the day, as both markets have operated in a mixed way. All currencies are close in their opening levels, where the Canadian dollar has been the best performers and the Yen has been relegated.

No related posts.

Filed Under: Daily forex report

LMFX PAMM

Forex sections

  • Auto trading reviews
  • Autotrading forex
  • Binary options
    • 24Option
    • Anyoption
    • IG Markets
    • OptionBit Review
    • Trade Rush
    • Ubinary Review
    • Winoptions
  • Daily forex report
  • Financial
  • Forex affiliate programs
    • Avapartner Review
    • Hotforex Affiliate
  • Forex brokers
  • Forex brokers review
    • 4XP review
    • AAAFX
    • Admiral Markets
    • Alpari
    • Alpari UK
    • Avatrade
    • Deltastock
    • Dukascopy
    • EasyForex
    • Etoro
    • ETX Capital
    • ETX Capital Review
    • Exness Review
    • Forex.com Review
    • ForexYard Review
    • FXCM
    • FXOpen
    • FxPro Review
    • HiWayFx Review
    • Hotforex
    • HY Markets
    • IFC Markets
    • InstaForex
    • Marketiva
    • Markets review
    • NordFx Review
    • Pepperstone Review
    • Plus500 Review
    • Roboforex
    • Roboforex Review
    • Swissquote Bank
    • UFX Markets
    • XeMarkets Review
    • XForex
    • Youtrade FX Review
    • Zulutrade
  • Forex free course
  • Forex platforms
    • Metatrader
  • Learn forex
  • Learn forex trading
  • Promote forex broker
  • Rate forex brokers
  • Stocks
  • Weekly forex trading
  • World economy news

Top forex reviews

  • Aaafx review
  • Alpari NZ review
  • Alpari UK
  • Avatrade Review
  • Exness review
  • Fxopen review
  • Fxpro review
  • Hotforex review
  • Instaforex review
  • Markets.com review
  • Thinkforex review
  • Ufxmarket review
  • Xemarkets review
  • Zulutrade review

Site links

  • Home
  • Market news
  • Forex glossary

Recent Posts

  • Instaforex $1000 free no deposit bonus
  • Fxpro Top Forex Broker Review
  • ETX Capital Review
  • Trade Binary Options with IG – IG Markets
  • Tradeo Review – signals from top traders

Copyright forexat.net 2009